Accounts System Installation & Update
Financial and Logistics Ltd have long been involved with installing systems and update of accounts processing. We obtain and apply industry-recognized packages that are versatile and capable of demonstrating information in its true and effective form for management. The information can be shared by management and auditor/accountants or, restricted for departmental use.
Advancing to new systems is often a difficult time in any company. We will be there to assist. We advise to make available as much completed information as possible. We set about to examine the data you require on a regular basis within the available parameters of the program. The system is then set in skeletal, methodical form.
Upon agreement for statutory companies or a self-trading status, we will confer with you as to your commencement and tax year closing dates. We will then enter transactions as they occur, incorporating the agreed prior year balances as a starting point. These would be for all books of entry.
The accounts function is addressed in one periodic activity, thus reducing costs. Our internal checks in the system would be concurrent to the entries. Tests we carry out and the information automatically produced, would greatly assist management/audit function. With our accounts program, there is no need for time consuming special closing of the books each month, quarter or year-end. Information and management reports are available at any entry point. VAT Return with real figures entered, can be viewed on screen in the online/paper format that you send. Trial balance, profit and loss (departmental if required), and balance sheet are available to hand at all times. What do you do now? We suggest enquiring about the specifications of a stand alone computer or a laptop, upon which a program can be installed by us, as a first step to integrating your accounts.
We strongly advise system update of entries. We prefer to do these ourselves at regular intervals in your office. The reason for this is that we understand the nature of cross-transactional entries that are, from time to time required to keep the accounts complete and realistic. We review your accounts from a total perspective, not just from a book entry point of view, thereby providing a genuine worthy service. We are not just with you to correct mistakes. We try not to make them in the timescale that we allocate to your work. This is our logic and effective dedication to your work.
At year-end, there are considerations in the accounts that we need to review in order to incorporate your managements’ requirements. These are handled with discretion by a capable pair of hands, and are just as vital as the regular entries themselves. It is important to close-off each year as successfully as the preceding one.
Our system updates are usefully economic in that they are periodic. They are not intrusive. You are left alone to carry on your business. Only a ‘hot desk’ and access to data files would help. Alternatively, we can provide an out of office service. For details please contact via our web link email account at info@finacolog.com