It is a common misconception that businesses have to appoint an Accountant to deal with their year end accounts. Provided that you are able to prepare your client's books to Trial Balance stage with all of the Balance Sheet items reconciled, then you are well positioned to provide this service. We offer the expertise of a Chartered Accountant, to carry out the actual preparation of the documents for you, on a subcontracting basis, as if we were sitting in your back office. You can then offer these documents to your client from your own firm, retaining sole client contact.
Many Bookkeepers currently work closely with local accountancy firms offering a valuable service preparing records to Trial Balance stage. Despite producing good quality records this can still result in the Accountant duplicating work in order to satisfy themselves before producing an Accountant' Report. By contracting Apps Accountancy Services Ltd as your outsource partner we can help you offer a 'one stop shop' for your clients, so they can have their bookkeeping and accountancy requirements handled by your firm and thereby reduce any duplication costs.
Offering a limited company or LLP year end accounts package gives you the competitive advantage to market and compete for new business that may not have otherwise been available to you. It can also help you retain greater control over your client base due to the reduced involvement of outside parties, which in turn can help strengthen your client relationships.
Your firm will engage with the client directly to offer this service, so you can set your fees accordingly. We charge you a flat rate for a 'year end pack' which fulfils all of your client's year end statutory requirements. You than have the flexibility to set your fee above our fixed cost, and as you will probably already know what local firms of Accountants are charging, this puts you in an ideal position to set your fees competitively.
As this will be a product you offer your clients directly, you will need to ensure that your professional indemnity insurance will cover this additional service.
Advantages of using our service
We believe that Bookkeepers' strong relationships with their clients coupled with their close insight to their clients' businesses makes them ideally placed to gather the necessary information needed to offer this additional service. By working with us, you can have the peace of mind that your clients' accounts and tax documentation have been prepared to a very high standard by qualified professionals and as you own this service, you can be confident that your client relationships stay intact.
- You can set your own fee level, with unlimited mark up
- Your client may pay less in accountancy fees
- You will attract clients who want an 'all inclusive' service