Accounting Management

Without experience and knowledge forming a new company and registering it with the Inland Revenue can often be confusing. Our services include both the formation and maintenance of our clients’ companies. We can aid in administering and allocating shares between shareholders as well as the original formation of your company.

• Decide on the most suitable structure for your business — sole trader, partnership, or limited company
• Prepare a business plan, cash flow projections, budgets, and trading forecasts
  Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
• Establish a good working relationship with your bank
• Complete any registration procedures with Inland Revenue
• Set up a recording system for your internal use and for complying with statutory requirements

Let us help you turn your business idea into a reality.

We provide access to qualified, bookkeepers and accounting professionals without you ever having to hire them.
Even if you own an established business and your in-house bookkeeper is not sufficiently qualified or is unable to keep pace with the work flow, we can provide the most efficient bookkeeping solutions at cost-effective rates. Our bookkeeping services will help you reduce your worry and manage your books efficiently. Our bookkeeping services include:

• Accounts Payable Management (Vendor Bills and Payments)
• Accounts Receivable Management (Customer Invoices and Collections)
• Bank Reconciliations (Checking and Credit Cards)
• Electronic Document Management
• Inventory Management
• Recording and Reconciling Payroll Transactions
• Revenue Reconciliation with Bank Deposits

Transform the way you run your business by having us take care of everything regularly. You’ll receive robust management reports which are ideal for busy managers who want to see exactly where they stand every month.
Having reliable Management reports, throughout the year, allows you to run your business properly and not blunder on blindly waiting an entire year to find out your results or how much tax you owe. You can’t manage what you can’t measure – especially if there are time bombs ticking away in your financials!

All business however big or small should have a set of Annual Accounts that are compiled and verified by a Chartered Accountant. This is for two main reasons.
The first is so that the IRD can have confidence that you are reporting accurately and paying the taxes due to them. This reason is extremely important so that you avoid any unnecessary investigation and penalties by the tax office.

The second is so that you know how your business is performing. Many small businesses do not have any idea whether they are making a profit, if they are growing, what their costs are or any other key information that any right-minded business owner would demand to know.

So a Chartered Accountant can help you solve those problems without worry and give you good advice through those Annual Accounts.

Cashflow is the life blood of any organization. Many business owners believe that the main focus in the operation of their business should be on profit. This is a mistaken belief which has caused the failure of thousands of businesses. As an indication of performance and efficiency, profit is clearly an important factor. However, it is never the main priority in the operation of any successful business. This is because successful business owners know that profit is a reflection of the past and does nothing to guarantee the future wellbeing of a company.

The only true key to maintaining a successful business is cash flow and the unfortunate truth is the biggest cause of business failure is not enough cash on hand or working capital. If businesses used cash flow forecasting and analysis they could accurately determine the amount of cash they need and when they will have it in their bank in order to keep operating. Without the money to pay their employees, provide credit to customers and settle their bills, they are forced to close shop, despite the company being in profit.

Whether you need a virtual Chief Financial Officer (CFO) in your corporate Boardroom or an on-demand Chartered Accountant at your kitchen-table-boardroom, we’ll support you with the financial information that’s vital for making smart decisions and building success platforms. A Board Advisory role is an independent external ear to the internal operations of your business, with strategic recommendations based on our depth of experience across industries and sizes. Such a role is relevant for businesses with 5+ employees.

Annual property accounting is a specialist area. Naturally you are keen to know that your taxation advisor is locking down every cent of tax deduction that you are legally able to claim, and minimising your tax. You need to know that you have people that are ethical and well-regarded managing your affairs, so that you do not get audited regularly by IRD. You need to know that you have the best advice, the best structures, and that you will be supported in your investing decisions with good common sense advice, from people that do it themselves and speak from experience.