All the services that we provide can either be done at your premises, or from our own offices. We like to work in the way that suits you best.
Bookkeeping & VAT
Keeping track of your day to day sales, purchases and bank transactions is essential for good cashflow by ensuring that you are paid by your customers and that you pay your suppliers correctly. To help you, JRMA provide a fully outsourced bookkeeping service. We can either process your bookkeeping and VAT from our own offices using our Sage software, or we can work from your premises and work alongside you. We’re also happy to work in conjunction with your own bookkeepers, providing additional support for the more complex transactions. We work with various software, Sage 50, Sage Cloud & QuickBooks and our systems are fully compliant with Making Tax Digital.
We are strong advocates of accurate and up to date bookkeeping, as this is the foundation on which all the accounting controls and records are based.
See case studies with Rare and Bromsgrove Community Leisure
Many businesses prefer to outsource their payroll in order to maintain confidentiality, and to remove the burden of a time-consuming task. JRMA offer a comprehensive payroll service, ensuring HMRC regulations are adhered to, pension deductions are correct and that payroll deadlines are met. We can email or post payslips to employees and utilise robust procedures that adhere to GDPR regulations.
Accounts Training, Accounting Systems Setup and temporary accounts cover
One of our favourite areas of work is helping to improve your accounting systems and develop your staff. If you’d like improved financial controls and reporting in your business, one approach is to engage an accountant to do this for you. The other approach is to train and develop your own staff and systems so that you can do the work yourselves. In these situations, we’ll spend time in your business, identify your needs, set up systems, templates and reports to deliver the output you require, then train your staff in these methods.
As staff develop, we take gradual steps back, whilst remaining on hand for queries and reassurance. Our goal in these instances, is always to train your staff to maximise their full potential by providing the appropriate accounts training whether in bookkeeping principles, or in the use of software packages such as Sage or Excel.
And if you need any help with recruiting individuals into accounts roles or if you require temporary accounts cover for staff absences, then we are ideally placed to assist you as we’ll understand your business and financial systems.
See case studies with ‘South Wales Industrial Valve Services’
Monthly management accounts are a great tool to demonstrate business performance and progress. At JRMA, we prepare accounts that compare results to budget and to last year. We look for emerging trends and highlight variances and unexpected results. Accounts are prepared with a commentary, and often combined with attendance at board meetings to ensure that the numbers are fully understood in the wider context of the business.
We are also advocates of the 13 week cashflow forecast, looking ahead at movements in the cash position. These reports help our customers understand the cash cycle of their business and focus on future events, such as VAT and payroll payments, to ensure that are in funds at critical times.
See case studies with Blundell Production Equipment and Handling Concepts
Part-Time Company FD
We typically work with businesses that are too small to employ a full time Finance Director, so we fulfill those functions on a part-time basis, enabling our customers to benefit from a high level of experience and skillset in a cost-effective way.