Outsourced Finance Department

We act as your in-house accounts department, with a dedicated telephone number for your business and all calls answered as your own staff.

Reasons for using ABDS:

Your bookkeeping/accounting function is taking up too much of your time.

Your bookkeeper/accounting staff are not providing you with the information you need on a timely basis.

You only get the VAT return to sign on the last day of the month.

Your debt collecting never gets done properly.

You need better control of your cash-flow – ringing the bank every morning is too time consuming.

You spend more time than you can afford dealing with invoicing and suppliers' telephone calls.

Your suppliers only get paid when they are screaming.

You could do with better credit terms.

You do not know today whether last month's management accounts were better or worse than the same month last year.

Your bookkeeper was great when you only had two employees but now cannot cope with the volume or complexity of the work.

You think that your bookkeeper is going to leave.

Your bookkeeper has left and you are in a mess.

Your bank wants monthly management accounts and you do not have the necessary paperwork with which to prepare them.

You feel the bookkeeping/accounting function is too important to be out of control.

You feel that if only you could catch up with the work, you would be all right.

You have trouble finding the necessary paperwork.

You no longer wish to handle your bookkeeping/accounting.

You really need the services of a qualified accountant but it is too costly to employ one full time.

Are you:

• Dissatisfied with your current accountant?
• Too busy to concentrate on your daily accounting?
• Looking for a totally outsourced solution?

ABDS will assume responsibility for all your bookkeeping, debt collecting and accounting functions, leaving you free to concentrate on running your business.

Our expert service gives you all the benefits of a full-time, qualified accountant, without the associated costs:

• Dedicated Telephone Number
• Calls Answered as Your Own Staff
• Greater Cash-flow Control
• Comprehensive Bookkeeping/Accounting Service
• Effective Debt Collection
• Improved Credit Terms
• Efficient Supplier Payment Process
• Timely Preparation of VAT Returns
• Twice-daily Uploading of Data onto Your Computer
• Expert Business Advice

Following an evaluation of the status of your bookkeeping, we will manage the handover from your current system, establish a routine for ongoing work and set out clear reporting deadlines to keep you up to date. If required, we can undertake additional projects, as requested.

We would be happy to provide an estimate for the cost of fully outsourced bookkeeping and accounting. Alternatively, we can create a bespoke package that is tailored to suit your budget.

The impact to you:

We take the stress out of the day-to-day accounting function, enabling you to get on with running your business.

We can monitor your cash-flow on a daily basis so that you will always know where you stand.

You do not need to employ staff to take care of your bookkeeping/accounting function and, thus, have no employers' NIC to pay and no statutory employment commitments such as holiday and sick pay. In addition, the VAT we charge you is reclaimable.

We are there 52 weeks of the year.

You are confident that all deadlines will be met, as we commit to and meet deadlines.

We will meet with you to discuss your business.
 
We will think proactively about your business.

We will provide you with a quality product that will enable you to respond with confidence to any queries from HM Revenue & Customs, minimising your costs in the event of an enquiry.

We will provide management accounts that accurately reflect your trading, alongside an analysis of your key trading indicators, allowing you to monitor your progress and compare any given month with the same month in the previous year.

We will provide you with a completely confidential service, attuned to your requirements, at a reasonable cost.