ProAct Management Accounts

ProAct Management Accounts
Are you looking for a one-stop book-keeping, payroll, management accounts, financial accounts, tax planning & compliance service and much more?
Are you interested in outsourced finance director services while you focus on your core clinical and practice management activities?
Do you want to increase not only your profits but also improve cash flow and maximise returns on your investments, business assets and resources?

Then ProAct Accountants are just the
right solution providers for you!

Under ProAct management accounts service package, we manage your business books and prepare performance analysis, management reports, year-end statutory accounts & tax returns and a lot more. All of this is made available online for you to access 24/7 from any device, anywhere in the world.

Some of the management reports, performance analysis and statutory compliance reports we prepare for you under this service include:

  • Book-keeping and reconciliation of your business books
  • Monthly, quarterly and annual profit and loss reports and balance sheet
  • Monthly, quarterly, annual and 3 years’ financial targets and budget
  • Budget v/s actual profit and loss variance analysis
  • Current year v/s previous year(s) performance comparison reports
  • Key performance indicators (KPIs)
  • Cash flow analysis reports and key suggestions for improvements
  • Key performance analysis summary and suggestions for improvements including industry benchmarking
  • Payroll for your practice, auto enrolment support under pension rules and RTI compliance with HMRC
  • Preparation and submissions of your approved statutory annual accounts, personal and corporation tax computations and returns to HMRC and companies house (all services included in Statutory Accounts and Tax Compliance Service Package)
  • Essential tax planning and claim maximum possible tax-allowable business expenses to minimise your tax bill and maximise net disposable income
  • We let you know your business and personal tax bill well in advance and prepare for the tax payment avoiding last minute unpleasant surprise
  • Reminders of your tax payments due to HMRC by specific dates
  • Refer to our professional IFA (independent financial advisor) or work with your existing IFA to help you leverage your business and personal finances
  • Ad-hoc analysis and performance review reports such as 80:20 fee review, chair occupancy, associate profitability, annual business performance review and year-on-year comparisons
  • One on one consultation to discuss annual business performance and plan the best way forward
  • Unlimited support via email, phone, conferences and meetings in person for all your business needs
  • Additional support such as accountant’s certificate for your financial loan applications

What our clients say

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