PRODUCTION OF FINAL ACCOUNTS -3-

When my work is done I supply a Profit & Loss Account, a Balance Sheet, Capital Account, Fixed Asset Account and Tax Computation showing the allowances claimed and tax Liability.  Also as standard I supply a Sources and Applications Account, which helps you understand the difference in trading from year to year.  The Sources and Applications Account highlights the changes between facets of the business and shows where income and savings have been derived or not, and where expenditure has increased or decreased.

I base my charges on an hourly rate of £25 and a business with turnover up to £20,000 would normally be complete within a 12 hour period.  It helpful to have invoices and statements etc. in some order, as clearly this saves time in the preparation of the accounts.