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Do you know your Direct Costs? Do you know what your Gross Profit Margin is?
Management Accounts is about taking you data and making it make sense to you - performance can be difficult to gauge when it's numbers on a screen!
Every business is different and so every business needs a different accounts - you need information that makes sense to you and is relevant to your business.
Management Accounts can work alongside your current accountant - they are a different set of accounts - Management Accounts takes your data and transforms it into the story of your business, highlighting your strengths you can use and the pitfalls to watch out for.
Where your accountant files accounts with Companies House and HMRC, they file accounts that have already happened - data from the past.
Management Accounts looks to the future to help you plan, predict and prosper - when you know what to expect, you can start saving money, investing in the assets and projects you need to and start making your money work for you.
Management Accounts that I can provide include:
Key Performance Indicators (KPI) - to keep track of how your business is doing
Key Results Objectives (OKR) - are you hitting your targets? Do you know what your targets are?
Variance Analysis - are you spending within your budget? Have you got a budget set?
Cashflow predictor - so you know when you're due money in - and what you need to cover
Job Costing - to make sure you're covering all your costs - even the ones you weren't aware of
Tax Planning - let's make sure you can and should pay what you need to
Below are some quizzes to test your understanding of accounts and most software - these are based on my real-life experiences with others' books and may help you consider the ways that things can be posted in the accounts
If you get all correct answers on one of these quizzes - I'll give you a 10% discount!
Recording Transactions Quiz
General Accounting Knowledge Quiz
Fixed price based on what you need not per hour; advice is free
Cloud-based filing: your work is available to you when you need it
Easy to switch to me - just an email required from you!
Monthly payments, so no huge end-of-year payment for you to budget for
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