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Experience Level: Expert
We need to complete and submit our accounts by the end of March. We use SAGE for bookkeeping and feed shop sales data in via monthly journal from our EPOS system. Accounts are kept up to date for VAT purposes. There are very few balance sheet entries - no fixed asset purchases this year, there are no debtors, prepayments are very simple (just apportionment of rates etc) similarly with accruals. I can produce a TB and notes to support year end journals such as depreciation and accruals. Last year we got in a bit of a rush (it was our first year end) but the accountant produced statutory accounts and tax comps in 3 days (I had one 90 minute prep meeting with him, then provided the draft TB one week later, he then produced and filed within 3 days). I am a Chartered Accountant, but very rusty, having spent most of my life in consulting. Looking to change because we thought he was quick but expensive.
David J.100% (6)
12 Jun 2014
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