How are you meant to judge how well you are doing unless you have any financial information?
Hippo can produce management accounts in a simple form such as a basic Profit and Loss or in more detail including departmental profit and loss accounts for each of your departments. Hippo can also design accounts which show you your gross profit percentages and all the key figures you need to see. We can produce reports in which ever manner is most suited to you, for you to understand and ultimately help you.
These can be produced on a periodic basis, which is suited to you, whether this is monthly or quarterly, or how often you require the information.
Once produced, we can then go through your accounts with you and indicate the highs and lows and offer advice of how to improve.Due to our experience within practice, we are able to produce management accounts to a high level which will ultimately reduce your year end accountancy fees.
VAT and CIS Returns
The bane of a lot of business’ is working out how much you need to pay the tax man! At Hippo, we will do this all for you. From past experience, we know how complicated VAT and CIS can be and want to take this complications out of your life.
Once prepared, we can then submit your VAT return online and ensure payment is taken by direct debit so your have no worries at all.
When you are running a business, particularly when you are starting a business, the last thing you want to be doing is worrying about dealing with your invoices, or worrying about chasing debts or paying your suppliers. You have other things to be thinking about!
Hippo can offer a full range of bookkeeping services; whether this involves working at your premises or sending your paperwork to us to deal with; we want to help as much as possible.
Budgets and Cashflows
As they say, ‘fail to prepare, prepare to fail!’
In order to succeed in business, you need to know where you are going, or at least have an aim! You need to know that your business is going in the direction that you want it too, and if it isn’t, that’s where we can help to make changes before it happens. At the beginning of each year, we can put together a budget for you and help direct you in the right direction.
Throughout the year, we can produce a cash flow so you can keep on top of your finances. If you don’t have the money, you cant pay your bills but by having a cash flow, you can see where your money will be at the end of the month! We can compile a budget and cashflow at the beginning of each year and run these alongside your management accounts to see how the business is progressing compared to the anticipated position. Again, this can be prepared to clients specific requirements as each business varies greatly and do not all want the same information.
Do you have questions regarding your business but don’t want to receive a huge bill if you ask your accountant?
With over 12 years’ experience, we can offer a wide range of knowledge and guidance to point you and your business in the right direction.