Our Services

 

PAYROLL

Regardless of whether you employ two or two hundred, Not Just Accounting’s payroll services will save you the two most valuable assets your company has – time and money.

If you run your own business, you’ll have found out the hard way that payroll administration puts huge constraints on both your time and profitability. That notwithstanding, the job becomes more difficult when you’re faced with the vastly complex, confusing and ever constant changes in employment legislation and taxation obligations.

Not Just Accounting’s payroll administrators will provide your company with a full-service payroll operation. We’ll take the burden away from you entirely, save you money and allow you to focus on strategy and taking your business forward.

Our payroll services include

• Accurate and efficient processing from experienced, reliable staff
• Weekly, fortnightly or monthly payroll
• Personalised payslips
• PAYE and National Insurance contributions administration
• Statutory Sick Pay and Statutory Maternity Pay administration
• Completion of all statutory forms, including Inland Revenue and year-end employee returns
• Full administration of bonus payments, Tax Credits and pension scheme payments.

This list is not exhaustive and we will happily discuss all the available options.

For more information, and to request a free, no obligation quote, please contact us today.

 

BOOKKEEPING

There is nothing more fundamental to the success of a business than to have detailed and errorless accounting records. Not Just Accounting will give you the tools and information you need to make informed and knowledgeable decisions about the direction in which you want your business to go.

Bookkeeping work is cyclical, so to have a full-time bookkeeper on your payroll is both futile and in most circumstances, prohibitively costly. Outsourced bookkeeping is the most cost-effective option for the small to medium-sized business owner and at year-end, the staff at Not Just Accounting will leave you with clean, organised records for your accountant.

Our bookkeeping services include –

• Accurate and relevant monthly financial reports
• Purchase and sales ledger
• Invoicing
• Profit & Loss
• Bank Reconciliation on a weekly, monthly or quarterly basis
• Data entry using your in-house systems

For more information and to discuss any aspect of your bookkeeping requirements, please contact us today.

 

VAT

At the end of every quarter, a VAT return needs to be compiled and payment made. Failure to do so and it’s possible that you will incur a surcharge. Money that would be much more useful in your pocket than in the Government coffers, and another example why outsourced bookkeeping, VAT, payroll and accounts services can save you time and money in real terms.

Not Just Accounting will work out your VAT payments on a monthly basis and let you know the amount you need to set aside. At the end of each quarter, we will fill in the VAT return for you to complete the payment to HM Revenue & Customs.

In addition to making paying VAT as painless as possible, Not Just Accounting can advise you on the key ‘need to know’ VAT issues facing small businesses, including, but not exclusively –

• Do we need to be registered for VAT?
• At what point do we have to register for VAT?
• What are the differences between standard rates, flat rates and reduce rates of VAT?
• Depending on the legal status of my business (sole trader, limited company etc.) what can and can’t be claimed for?

For an informal chat about VAT or indeed any other of our services, please don’t hesitate to contact us today.

 

MANAGEMENT ACCOUNTS

Most small and medium sized businesses depend on their end of year accounts to give them what appears to be an accurate position of where the company is from a financial standpoint.

Having access to accurate and time-sensitive financial data every month, quarter of half-year, provided for you by Not Just Accounting, can make a real difference to your bottom line. It will also allow you to predict more accurate growth trends based on the fact that the information is given to you with so much more frequency.

We provide –

• Profit & Loss statements
• Balance sheets
• Cash flow forecasts
• Creditor and debtor information

All these services and more will enable you to accurately monitor your cash flow, address issues of capital injection before they become critical, and know with a greater degree of accuracy where you are in terms of profitability at any given point in time.

Please contact us today for information on how Not Just Accounting can help your business.

 

BUSINESS PLANS

A business plan is a document that details the objectives, financial forecasts, strategies and the market in which your new business will operate.

When you embark on the process of starting out on your own, it’s vital to have a realistic and up-to-date business plan for a number of reasons – chief among which is that it will be seen, read and scrutinised by the people you will be asking investment from, people like your bank manager, private equity firms, grant providers and potential investors. Additionally, it will assist your in-house team by letting them know exactly where you want your business to go in the first few years.

Not Just Accounting doesn’t just save time and money on bookkeeping, payroll, accounts and VAT for established companies, we believe wholeheartedly in developing relationships right from the very start of your journey into the business world and can save you time and money even before you start. We will help you write a concise, accurate and detailed business plan that will –

• Focus your aims and objectives for the short to medium term
• Assist you in spotting potential pitfalls and downsides before they happen
• Help you to efficiently structure your financial responsibilities

If you’ve just started a business or it’s an option you’re seriously considering, please contact us today for an informal chat and a no obligation quote.

 

FINANCIAL CONTROL

In any company, the Financial Controller is one of the most important conduits between the staff and the board or management team. When the FC position in your company becomes vacant, either through maternity leave, promotion or career advancement, it’s vital that you replace him or her immediately.

While the search process is underway which for some companies can take many months, Not Just Accounting has the corporate knowledge and experience to ease the transition between permanent employees. With a full-time Financial Controller costing in excess of £45,000 a year, making sure you employ the right person who understands not only the job at hand but the company ethos is crucial, which is why Not Just Accounting will manage –

• Overseeing an accounts department
• Financial and management accounts
• Auditor assistance
• Control of debtors and creditors

For more information on how Not Just Accounting can save you money in real terms, please contact us today.