How can we help?
All businesses are legally obliged to maintain accurate and timely records; for limited companies the principal governing legislation is Section 202 of the 1990 Companies Act. Most other business entities are governed by taxation legislation. At Denis J Ryan & Associates Limited, we believe that you also need to keep your books and records up to date as a management information tool, e.g sales versus budgets, or compared with previous year, gross margins, debtors days, staff costs etc.
We can provide a bookkeeping service to suit your needs which will allow you to focus on your core business and thus become more profitable. Our experienced team can supply a level of service to suit your requirements all the way from regular monitoring of your own accounts system to providing a full bookkeeping service, including processing and filing all your tax returns. We can also advise you on selecting an accounting package suitable to your industry and the size of your business.
Isn’t it just larger businesses that need an accountant?
Of course not, even the smallest business can benefit from advice on ways to minimise tax and manage their accounts. If you prefer, we can handle all of your bookkeeping, regular management accounts and VAT returns on your behalf. The added benefit of us being involved is that having prepared the books it makes the final accounts much easier, saving time and keeping costs down.
Working with an accountant is an added cost to any business. However, the cost should be offset by the value they add. We work closely with our clients to achieve their goals. By getting to know you and your business well, we can tailor what we do specifically for your needs and your strategy, thereby adding value.
We aim to provide you with a fixed fee quote that will cover the areas we will work on together. This will be based on the complexity and volume of the tasks involved. Should any additional assignments come up during the year then we will provide a quote in advance, unless the matter is urgent and it is in your best interests to take action on your behalf. We offer you the chance to pay our fees monthly and avoid having a large invoice in one go, which helps your cashflow. One thing is for sure, if you telephone with a query you won’t get a bill. We want you to let us know how you are.
If you want to keep your own accounting records, then that is fine. If you need some help then we can give you some training. Ensuring that you understand the best way to prepare your accounting information makes it easier for us to complete your accounts or tax return. If we do this for you then you can concentrate on running your business.
Sometimes it helps to have a fresh pair of eyes look at your business. We will listen to you and firstly understand the history of the business and then how you want to develop it. We can carry out a “healthcheck” of the operating systems, management and financial reporting in place; advise on any matters arising and recommend any actions required. All designed to match up with your goals, which we established at the outset.