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Bookkeeping

 
Businesses of all sizes need to keep records of income, expediture, credit given and debtors. We, at FABCP believe that good record keeping is essential to know where business stands, to identify performance indicators and provide data for decision making.
 
For large businesses this often means large amounts of data entry; but this must not be underestimated because the aforesaid basic functions of record keeping are the building blocks to produce meaningful financial and management reports. Unless bookkeeping is accurate reports will not be reliable, and this can lead to very large judgement errors.
 

In contrast, for many small and very small businesses, bookkeeping is a seldom, if not the unique clerical activity that again, is essential to work out the profit figures.

 
For this precise reason FABCP provides bookkeeping services either, as a foundation part of management consulting for any businesses. In either case, FABCP can free up more of your time while avoiding the last minute pressure to please the taxman and business investors.
 
You just decide which combination of services you want in the package and FABCP takes care of the rest.
 
  • Sole trade, partnership and corporate tax returns
  • Calculations for job estimates
  • VAT returns
  • Profit & loss and month end calculations and reports
  • Recording of purchase invoices, business expenses and sales receipts
  • Processing payments to suppliers and payments from customers
  • Sales, Facflow and purchase ledger reconciliation
  • Bank account reconciliation
  • Petty cash and expenses
  • For budgets and management accounts visit the Financial Analysis page. 
 
 Payroll

 

  • Getting paid on time is absolutely essential to keep employees focused and motivated. Whether employees get paid a flat rate or through timesheets with various hourly enhancements or separate expenses, we can provide a timely and reliable in-house or outsourced service.