Data processing
At Shaw Gibbs, we understand that processing financial data can be a stressful and time-consuming process. Consequently, we offer a service that provides you with the peace of mind that you are on top of your company’s finances.
No two businesses are the same and for that reason we take time to understand your accounting needs and tailor our services accordingly. In addition, to ensure the best service possible, we use the highest quality systems such as Xero, Sage and QuickBooks.
As well as processing sales and purchase invoices, our service can include, but is not exclusive to, the following:
- Reconciling your bank accounts
- Sending you a breakdown of monies owed to and by your business
- Recognising fixed asset additions and posting monthly depreciation figures
- Reviewing expenditure and posting prepayments and accruals as necessary
- Making wages postings and reconciling to payments
- Preparing, reviewing and submitting the quarterly VAT returns to HMRC
- Building in a provision for Corporation Tax