Comprehensive accounts and payroll services for small and medium sized businesses

FN Accounting Services offers comprehensive accounts and payroll services for small and medium sized businesses

1. 1. Company Registration.

      We will need the following to register your company:

1. • Preferred Trading Name of the business
   • Full name of the directors
   • NI Numbers of the directors
   • Date of birth of the directors
   • Nationality of the director(s)
   • Place of birth of the director(s)

2. 2. Setting up and  running your business’ accounts & payroll on an Accounting System

   • Cloud-based accounting system
   • Accessible online via from PC, Mac, Tablet, Mobile Phone
   • Free Mobile and Tablet App
   • Track sales, tax and customer payments
   • Download bank transactions automatically
   • Online backup and data protection
   • Allows multi-users access with different access levels from multiple locations
   • Transactions updating in real-time and Real-time data access
   • HMRC compatible for Payroll & VAT returns.
   • Standard and customised accounting reports

3. 3. Accounting Services

   • Setting up and invoicing customers
   • Setting and recording invoices/bills from suppliers
   • Recording receipts from customers
   • Recording payments to suppliers
   • Setting and recording VAT
   • Quarterly VAT returns
   • Chasing unpaid customer invoices and
   • Alerting management of payments due to suppliers
   • Processing customers and suppliers credit notes where applicable
   • Recording of Petty Cash expenses and the Petty Imprest
   • Monthly Bank Reconciliations

4. 4. Payroll Services

   • Setting up starters and processing leavers
   • Processing weekly or monthly payroll runs
   • Issuing payslips to staff
   • Processing payroll returns to HMRC via RTI
   • Producing P32s for management
   • Issuing P45s and P60s as required
   • Auto-enrolment & work place pension set up and processing

5. 5. Producing Management Reports

   • Month-end Accounts ( Bank Reconciliations, Debtors & Creditors Aged Analysis, Cash Flow Statement
   • Quarterly Accounts ( Profit & Loss, Balance Sheet, )
   • Payroll Reports (P32 and Payroll Summaries
   • Year-end Accounts ( Profit Statement, Balance Sheet

6. 6. HMRC Compliance Services

   • Payroll RTI submissions
   • Corporation Tax returns to HMRC
   • VAT returns where a business is VAT registered.

7. 7. Company Annual Return/ Confirmation Statement

   • Carried out annually
   • Is a Companies House requirement

8. 8. Submission of Year-end Accounts to Companies House

   • Carried out annually
   • Is a Companies House requirement
9. 9. Directors’ Self-Assessment/ Tax Return
   • Paper-based: 31 October
   • Online-based: 31 January