We provide a full financial and management accounting service including effective credit control, cash flow management, purchase ledger, VAT, payroll and management accounts.

Payroll

We offer a full payroll service. Whether need it weekly, fortnightly or monthly, just provide us with the hours worked and pay rates or salary and we calculate the PAYE and NIC then provide you with all summary information and payslips.

If you would like, we can print all payslips and reports for you, or provide you with clear and cost-effective PDF files. We will also complete all documentation required by HMRC for you.

Bookkeeping

You can receive a full bookkeeping service, from collection of your papers to end of year accounts tailored to the size, requirements and budget of your business.

On receipt of your papers we will process the data, maintain your accounts, reconcile accounts then supply you with the necessary management reports to keep you fully informed of the financial position of your business.

Cash Flow Management and Credit Control

Cash flow is the lifeblood of any small business. Managing your Cash Flow is not just about what the bank balance shows, but considering what is outstanding, the future receipts and payments as well as handling credit control.

If you ever find you are short of cash yet profitable or have late paying customers, H Nicholsons can provide a service to give you peace of mind.

Budgets & Projections

There is no real point in having a budget if you don’t know how it is used. So H Nicholsons helps you with this.

Your budget is your plan to a successful next year. It will show you what you expect to earn, where your costs lie and how you should be performing in the year.

H Nicholsons works with you to provide a budget you can use as a guide throughout the year, for both managing your business spending and monitoring your earnings. You will be confident of the year ahead and what should be in store for you and your business.

Management Accounts

Management Accounts will only be of real value to you if they can be understood, and are relevant to your business.

Your reports need to consider their purpose, whether they are for you to make better informed decisions, to be used for applying for finance, or for other needs you may have such as attracting investors.

H Nichsolsons ensures you will received clearly presented reports regularly to meet your needs. With either monthly or quarterly management accounts, you will be comfortable knowing the true position of your business.