The arguments for outsourcing some of the more troublesome and tedious aspects of running a business day-to-day have been very well aired over the years. They can be summed-up very simply.
Entrepreneurs are talented individuals with better things to spend their time on than keeping shop.
We tackle the troublesome and tedious systematically, with skill, experience, flair and efficiency.
We can save you the expense of employing under-used, under-qualified staff to fill the gap in your own skills and inclinations.
A further benefit is that we can take a continuous, detached, independent overview of your way of doing business and make positive suggestions about how you might improve it.
Back Office Accounting Functions
Jackson Stephen can act as a one-stop shop for all your business bookkeeping and accounting needs. Your business may require a full bookkeeping service or a tailored solution that will dovetail with your existing finance function.
We provide the following services;
- Sales invoicing and credit control
- Purchase ledger maintenance and paying suppliers
- Bank reconciliations
- Accruals and prepayment calculations
- Recording and maintaining a fixed asset register
- Checking, reimbursing and recharging expense claims
We are experienced in the use of major computerised accounting packages and are an approved Sage reseller. We’re also experts in Cloud accounting software such as Xero.
Accurate and timely management accounts provide you with invaluable business information. Our team can produce, analyse and interpret this information to give you greater control over the running of your business.
The Financial Controller role
If your business is at the stage where you can’t quite justify the employment of a full-time Financial Controller but you want those duties performed to the highest level, with detailed reviews of financials and reporting to the board, advice on, say, fundraising or specific analysis, we can provide one on demand.
His or her availability can be by bespoke arrangement, to suit your needs.
Paying your workforce timely and accurately is the first requirement of any business. Regardless of holidays, illness or overseas commitments, your staff need to be paid on time. We can do this for you, professionally, with a dedicated specialist team. We’ll ensure that staff queries are answered and acted upon in a prompt and professional manner.
We can also arrange payments from the company's bank account directly into the employees' personal accounts, provide email payslips, deal with your Real Time Information payroll, advise you of the payments due to HM Revenue and Customs and deal with any Attachment of Earnings orders.
Workplace Pensions and Auto Enrolment
The Pensions Act 2008 brought about fundamental changes in pension law, introducing a legal requirement for employers to arrange and contribute to workers' pensions.
The Auto Enrolment regime began to be phased in from October 2012 and all employers will have to be registered with the Pensions Regulator by February 2018.
If you employ at least one member of staff Auto Enrolment duties will apply. At Jackson Stephen LLP we can assist you with your workplace pension scheme and help you to ensure that you comply with all the requirements of Auto Enrolment.
For more information please contact our Payroll Partner, Graeme Sheridan on 01942 292506 or email email@example.com.
Outsourced Accounting Services for Investors
Jackson Stephen Outsourcing can also provide investors with:
- A full reporting package including key performance indicator (KPI) analysis and commentary on significant variances.
- An independent finance function
- On-site presence, if required, working closely with your clients
- An objective view on investment issues and managing the implementation of chosen strategies
- An improvement in your risk management, by closer scrutiny of the performance of your investment
And all at an agreed monthly cost which can be included in your budget.