Bookkeeping and Accounting Services
Accounts Compliance
Keeping accounts up to date and complying with legislation has never been more important. As a company’s ability to obtain credit from suppliers may depend on credit agency reports, it’s important to plan ahead and be organised.
At McIntyre Stuart we can ensure the business accounts you present are compliant with the latest rules and regulations to maximise your chances of obtaining finance and credit.
We can work across company and non-company accounts, such as sole traders and partnerships, and can tailor our services to meet your requirements.
From filing your accounts in good time, to sorting PAYE, VAT and Tax requirements, we can work across the board to ensure every facet of your business accounting is compliant.
Data Entry and Accounts
Data entry is the key to accounts compliance. Maintaining proper accounting records is both a company law and tax law requirement. We have an experienced team who can maintain your accounting records either in our office or at your premises using a variety of innovative accounting software packages.
The support we offer ranges from reviewing data, to complete outsourcing of your finance function. Accurate data entry delivers accurate information on which can help you to make better informed business decisions.
Management Accounts
Regular accounts should be used as a tool for managing a business. They can be produced directly from an accounting system using the accounts data. They are often required by banks for loan and overdraft funding and provide useful information to conduct a tax planning review.
Typically, management accounts might, at entry level, include the following information:
- Profit and loss account
- Balance sheet
- Lists of amounts receivable and payable
- Monthly trends.
By keeping data entry up to date VAT reports can be readily produced when needed, such as for a review.
We can prepare your VAT reports, complete the VAT returns and even advise on more complex aspects of VAT reporting such as transactions with EU and non EU countries and dealing with the correct treatment of VAT certificates on cross border transactions.
We can also offer advice and set up systems to deal with the interaction of Customs Duty and VAT including duty deferment and the effect on VAT.
We can also deal with many other areas of VAT, including:
- VAT retail schemes
- Annual accounting
- Cash accounting
- Margin schemes
- Intrastat returns
VAT returns must be filed online and payment made electronically, and as Making Tax Digital experts we are fully equipped and trained to convert your account data onto online records.