Out-sourcing your accounting function from £65+VAT per month

MAAP specialises in streamlining the accounts production process so that our clients do the absolute minimum of basic house-keeping filing, and yet at the end of every week, month, or quarter their accounting records are written up and delivered along with invaluable information about their business performance to date.

We most often report on a three monthly basis to coincide with a VAT quarter. We would arrange with you a mutually convenient time to receive your accounting records one or two weeks after the end of the VAT period.

This gives us time to quickly process the information and calculate the VAT payment due at the end of the month. We aim to retain your paperwork for only a few days to minimise the inconvenience of you not having them on site to answer enquiries from your customers and suppliers as they arise.

As we capture your raw transactional data each quarter, it is a straightforward task to analyse and produce reports that keep you informed of your financial position and profitability to date. By the time your year end comes around, we will have already processed most of the data we will need to prepare your annual financial statements and advise on your tax position. It is a simple and very efficient way to streamline the accounts reporting process.

We do all of the posting and analysis work ... so all you have to do is:

• Prepare your own sales invoices or takings record and present them in numerical/date order
• File your paid and unpaid suppliers' invoices in date order
• Present bank statements, paying-in books and used cheque book stubs
• Take care to annotate invoices, paying-in books and cheque stubs with details of the transaction so that we can reconcile the receipts and payments to the relevant paperwork.

Each quarter, MAAP will prepare the following records:

• Your sales day book giving details of the amounts that remain to be collected.
• Your purchase day book giving details of the amounts that remain to be paid.
• Detailed cash book(s) reconciled to the latest available bank statement(s).
• VAT liability calculation and audit trail.
• Payroll reconciliation with monthly payslips as you go.

At the financial year end, MAAP will:

• Prepare your annual financial statements
• Prepare business tax returns.
• Provide you with a file containing a detailed set of schedules (nominal ledger, trial balance and day books) that will fulfil your statutory obligation to keep 'proper' accounting records.

For audit-exempt companies, MAAP will:

• Prepare full statutory financial statements, supported by all of the necessary records and working-papers you will need to retain to comply with current Company Act legislation.
• Prepare your Corporation Tax return (CT600).

We will not only reduce the demand on your time by relieving you of all that tedious book-keeping, we will also help prevent you from falling foul of the increasing burden of legislation affecting you as a trader and employer.

And YES ............ you can afford us! To put it into perspective, most of our clients pay less than £120 a month for an all-year-round book-keeping and financial accounting service. One of our larger clients saved up to £6K in the first year when their employed book-keeper retired and they switched accountants to MAAP. Most clients find they do save on their current annual accounting costs when they engage MAAP, and that is before you take into account the fact that we free you from the drudgery of preparing your own accounting records. Why continue to waste your valuable time?

For further information about how we can help you, call us today on 01202 474545