ASG Corporate Solutions Ltd
W1W, London
W1W, London
ASG is a specialist provider of bookkeeping, accounting and office support services to various accountants, practice managers and business owners. We are a technology-driven organization, with skilled and trained professionals. Our expert team consists of the brightest minds in the field of accounting and finance with years of experience in the same industry.
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What kind of accounting services do you provide?
No matter the nature or range of accounting needs that you may have, our staff will work diligently to ensure that your company’s financial records are up-to-date, accurate and compliant
Why is it so important for businesses to hire a great accountant?
Financial management: We specialize in managing financial records, ensuring financial compliance, and preparing financial reports.
Tax compliance: help businesses to stay compliant with tax laws and regulations.
Strategic planning: provide valuable insights into a business's financial performance, including revenue, expenses, profits, and cash flow.
What do you love most about your job?
We enjoy the challenge of working with complex financial data and finding solutions to accounting problems.
Opportunities to learn new skills and gain experience in different areas of accounting.
We love to help businesses and individuals make informed financial decisions, which can have a positive impact on their clients' lives.
What inspired you to start your own business?
It provides an opportunity to be their own boss, create their own work culture, and make a difference in their community.
It provides with greater flexibility and control over their work and schedule.
We have specialized skills and expertise that to provide a unique service or solution to a specific market
Own business can provide with the potential for greater financial rewards than we might achieve in a traditional accounting firm or corporate setting.
Why should our clients choose you?
Expertise and ability to provide accurate and reliable financial information.
Trust is critical in the accounting profession, and we maintain the confidentiality and integrity of client's financial information.
We provide valuable insights into a business's financial performance, including revenue, expenses, profits, and cash flow. With this information, clients can make informed decisions about future investments, growth strategies, and cost-cutting measures.
Can you provide your services online or remotely? If so, please add details.
We can provide online and remote and also some on site presence
What changes have you made to keep your customers safe from Covid-19?
We are remote ready, which reduces physical contact thus reducing spread of virus
Bookkeeping
1. Posting & Allocation of transactions
2. Bank reconciliation
a. Updating bank statements
b. Un Coded and Unreconciled transactions
c. Chasing clients for receipts/bills/invoices
3. Accounts Payable Management & reconciliation
a. Listing all the invoices to be paid for the week/month
b. Maintaining client notes for the transactions to be put on hold for payment
c. Payment of monthly PAYE and Pension
d. Paying quarterly VAT or monthly if there is a monthly payment schedule if there is no Direct debit
4. Accounts Receivable Management & reconciliation
Management Accounting
1. Periodic Management reports
a. Analyzing the profits and expenses for the company b. Creating templates for MAN accounts including chart analysis
2. Cash Flow Preparation and Analysis
a. Monitoring cash balances in the company and reviewing the future payments (Monthly company expenses) to be done so that a +ve cash balance can be maintained
b. Making sure the recoveries and the recharges are done monthly
c. Making sure invoices to the broadcaster is done on time as per the stage mentioned in the contract
3. Trial Balance & Balance Sheet Reconciliations
a. Reconciliation of various balance sheet heads to substantiate the balances on the balance sheet
b. Having a summary of accounts like VAT and comparison of VAT with Vat returns filed with HMRC, same reconciliation for PAYE, payroll payable
4. Month-End Preparations & VAT Returns
a. Depreciation and payroll
b. Working on WIPs
c. Funding requests
d. Month End Reports
e. Preparation and reconciliation of VAT returns
5. Budgeting Reports & Forecasting
a. Monthly Cost Managers reconciliations
b. Creating a Cost Manager from budget
c. Creating the chart of accounts from Cost Manager/ Budget
Payroll
1. Monthly Payroll processing
2. Submitting RTI and Pension
3. P45 & P46
4. Weekly/monthly payslips
5. FPS / EPS submission
6. Year-end P35, P11D & P60’s
7. Furlough submission
