The Hamster Wheel
Running for the sake of running; running faster and faster; but ultimately going nowhere. In other words: Get up, go to work, come home, go to bed, get up – repeat
The Water Wheel
Made possible labour savings; permitted massive increases in productivity; opened up new opportunities. But what accelerated the process? The Mill Race
The Mill Race
The inanimate power source of its time; technology is today’s Mill Race; It will help you grow your business
For Small and Growing Businesses
The complete cloud accounting solution designed to support your business as you progress on your Entrepreneur Journey
What we do
My Accountancy HQ provides you with flexible bookkeeping, accounting, tax and business growth services which:
Means you have high quality real time financial data and analytics
Produces key performance and predictive information
Provides a simplified finance function
Saves you time and takes away the burden of bookkeeping
Provides a single point of contact with your dedicated financial expert
Are entirely scalable and adaptable to the size of your business
With the high quality information we produce, you can make more informed strategic decisions and focus on the growth of your business.
How we can help you
My Accountancy HQ allows you to get your head out of the numbers and to get time back to yourself.
With our outsourced bookkeeping service, we’ve got your back on the admin, so that you can focus on your business.
Your Smart Dashboard showing real-time business performance is available 24/7 wherever you are.
With your dedicated finance expert, you will make quicker and more informed business decisions.
Time back to you
Choose My Accountancy HQ and get more time back to grow your business.
There are four key services to My Accountancy HQ all designed to make your life easier.
Let’s get the technology right
How do you choose the right accounting software for you or select the best in class apps? Part of our service is making sure you have all of your accounting technology in one place and the most appropriate apps for your business, including:
- Online accounting package
- Automatic bank downloads
- Real time dashboards
- Integrated sales invoicing
- Tracking of sales and expenses
- Auto processed purchase invoices
Set up and support
To get you up and running and to keep you there, the service has two add-ons:
- One off support setting up the technology
- Ongoing support for using the technology
And if you need something else – speak to your dedicated financial expert.
The technology can be expanded with additional functionality to complement the core service including these add-ons:
- Expense claims
- Mileage claims
- Construction Industry Scheme
- Credit control
- Stock control
Now let’s get your books in shape
It is terribly easy to put your books to the bottom of the pile, or to spend ages playing catch up writing up your books, sometime months in arrears. And let’s face it, we’ve all been there at some point. But today’s world demands a different approach where your books are written up in real time. By making your books robust with our outsourced bookkeeping service, you will then have the figures to manage your business and to make better informed decisions. With our bookkeeping service, your month end close will soon have the accuracy normally associated with year end accounts and your year end will soon have the timeliness of the month end. All of this will give you greater confidence in your figures and more importantly, will give you time back to yourself. Our bookkeeping service includes:
- Monthly management reporting
- Fully reconciled balance sheet accounts
- Aged sales ledger reports
- Aged purchase ledger reports
- Preparation and filing of VAT returns
- Preparation of payroll
- Up-to-date accounting records
And if you need something else – speak to your dedicated financial expert.
Getting the compliance done each year
You know you have to do it – that is the year end compliance – but will you put it off until just before the statutory deadlines? With the basics right and your books in shape, the next part of the jigsaw is dealing with the year end. Yes that means the annual accounts, tax returns for the business and its owners and all sorts of unfathomable forms from the government to be sent electronically to HMRC and Companies House. Our compliance service does exactly what it says on the tin and includes:
- Statutory accounts production and submission with iXBRL tagging
- Preparation and submission of the corporate tax return for the business
There are a number of valuable add-ons including:
- Raising finance
- Directors’ tax returns
- Company secretarial
- R&D tax credits
Now is the age of the entrepreneur
With the number crunching sorted, monthly management reporting you can believe in, and year end compliance a breeze, it’s time to turn your attention to growing your business. Here we can help with a number of services to give greater insight into your business and help you on your Entrepreneur Journey. There are two parts to our business growth services. The first is reporting with an indepth review into past performance. The second is forecasting looking forward and creating annual budgets to reforecasting them through the year, as well as forecasting your business cash flow and considering different scenarios. We use the best in class technology to help turn your dreams into action plans and then to reality.
Reporting is a powerful management tool designed to help you better understand your business finances with:
- Executive summary comprising both narrative with pre-populated data and bespoke commentary on your figures
- Detailed analysis of your profit and loss account
- Current month comparison to prior year and forecasts
- In year projection of results to date with remainder of forecast
- Information presented with tabular listing of figures and charts giving trend analysis
- Reporting can form the monthly board data pack.
Great budgeting and cash flow forecasting can mean the difference between business success and failure. Forecasting is an “all-in-one” budget creator with:
- Full three-way forecasting with profit and loss, balance sheet and cashflow.
- Forecasting easily imports your budget data and produces great reports ideal for both the boardroom and your financiers.
- Planning for the future by selecting or creating “what if?” scenarios.
Once you have considered these reports, you then have the ability to share these detailed insights with your team to drive action in your business.
Your Smart Dashboard
Your Smart Dashboard will give you a real time view of how your business is performing at any time. Live data feeds to your accounting software and apps update automatically to give you the bespoke metrics you need to track your sales, expenses, cashflow and people.
You can log in at any time and in any place with desktop and mobile devices to access your Smart Dashboard. All of this will help you make the decisions you have to when you need to.
By connecting your apps to your Smart Dashboard, your performance data will come to life revealing your profitability, cashflow, social media activity and sales analytics.
All of these metrics will help make sense of your finances and help you to grow your business.
Download our free Report
6 steps to success with My Accountancy HQ
Find out how My Accountancy HQ can help you win back valuable time, make better business decisions and focus on what mattersFind out more