Quantum has experience and knowledge to improve processes and understanding for clients quickly and with no mistakes or errors when submitting returns. This is the prime service provide services for sole traders and Ltd companies including the day to day management of ledgers, filing the end of year accounts, and making sure all taxes are paid on time. The core aspects of the service are:
Setting up new accounts and ledgers for clients
Managing the daybooks
Managing creditor and debtor processes
Managing petty cash and expenses
Bank account and credit card reconciliation
Maintaining monthly accounts with up to date cash flow and P&L information
Month-end and year-end accounts
Balance sheet reconciliation and trial balance
Advising clients of financial performance and any issues, especially with creditors or debtors
Preparing and filing the end of year accounts
Intrinsic guidance on tax and regulatory compliance