How it works?
 
We do Bookkeeping and Management Accounting on a weekly basis to ensure you have a clear picture of how your business is doing at any time.

Usually, companies have their own accountant to submit the year-end accounts to the tax authority,
but we can also organize this for you.
How do I provide information to you?
 
Bank Statements
 
Most of the banks provide a direct bank feed to Xero, therefore we can see and reconcile all your bank transactions without you needing to send us any statements. This is a read only connection, therefore we can't access your bank accounts nor can we make any payments from it. If you don’t have this set up, let us know and we can help you set it up.
Otherwise, if this is not available for your bank, send us a bank statement in csv format (available for download from most banks) and we can manually import it into your Xero accounts for you.
 
Purchase Bills
 
Please save them in a shared folder (eg. Google Drive) and give us access.
If you are not VAT (GST) registered or the bills you receive don't include sales tax, we don't need an electronic copy of the bill. 
If you are VAT (GST) registered, we can either:
  • Reconcile bill payments with VAT if you confirm they include VAT and you don't need to provide us with the actual bill. However, it is your responsibility to keep a copy (for 6 years from the end of the last financial year in the UK).
  • Reconcile bill payments and attach the digital copy to Xero, so you have everything in one place in case of a tax audit.
 
If you have a lot of paper invoices, Receipt Bank has a service where you can post it to them and they scan them in for you.  In case of big quantities, Receipt Bank can be quite costly. Please contact us and we can recommend you other solutions.
 
Expense Claims
 
Xero has a ‘Xero Expenses’ application for iPhone and Android. After downloading it, please us this to take a picture of the receipt and we will process it. Once you took a picture, you can throw the receipt away.
 
Any other documents
 
Please send them in an email directly to your bookkeeper.
 
 
 
How do I get started?
 
1.) Please click on the 'Start Now' button and fill in your details. We will call you to discuss your accounts in more detail.
2.) We will issue a contract for you.
3.) We will assign a bookkeeper to work on your accounts.
 
 

© 2019 What a Figure Ltd. All Rights Reserved.    Privacy Policy | Contact Us

  • Grey Facebook Icon
  • Twitter