HEROX ACCOUNTING
(2)
(2)
We are a match of accountants with an outstanding understanding of the subject. We are motivated to help you meet your financial goals. We use our strategic profile and experience to know our clients and have a relationship with the selected market.
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2 customer reviews
Lee Kunwa
I found Herox accounting on a linked in add. I contacted them and after a quick chat I decided to work with them on personal budgeting and financial management. The best decision ever, they helped me can my unnecessary spending and they designed a plan to clear all my outstanding debts. After clearing two credits cards they outlined some investment options for me. I now have some shares in two trust funds and shares in BP and alphabet C. They even helped set up a business and connect me to a whatsapp group for free linkedin Marketing. I cannot believe how a simple add turned my life around. They have a surprisingly huge network group. Thank you HEROX, More...
Albtin Production Studio
Herox Accounting provided us with the best services that have improved our financial planning and strategies. Herox Accounting is the best team to work with if you would need to improve your firm bookkeeping well organized in your business operation 😊😊
book keeping
• After conducting costing, we will arrange all the books in order if they are not arranged in order of both alphabetical and date arrangement
• We will then conduct a reconciliation and data entering in the system that suits the size of the client
• Depending on the type of business the books will be updated daily
• Bank reconciliation will be done weekly
• Reconciliation of debtors and creditors will be done every month
N.B: This can be altered depending on client requirements
Tax returns
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• Before working with a client's tax, we do soft research on their basic products and their production cycle this will give us an understanding of what products are likely to be involved in their business and what taxes are they likely to incur during the production process. The research will help us plan what to expect.
• Next step we analyse how our client has structured costs and revenues across the board and how each action has affected their taxation.
• Before communicating or planning for final tax the process is checked by a senior tax advisor for errors.
• After this we advise clients on how best they can deal with certain items in the future.
• When agreed the above then becomes our documentation and business plan in reparation for tax returns
Company start-up
• Send the client a questionnaire form to understand the exact business the client is involved in.
• Register the client with the company house.
• Register the client with a bank of choice.
• Register the client with HMRC.
• Give client advice on government incentives.
Budgeting
• When starting a project with a new client we will gather costs prices and revenue based on what the client has provided in the questionnaire and other available resources.
• We will use this information to create a zero budget.
• The budget is then compared with the current budget to see how to affect the current budget appears
• If there are massive unjustifiable variances a meeting is scheduled with the team within the first 2 weeks of commencing the project
• After agreements are made the budget for the next month is then planned and handed to the accounting team leader for approval
• When approve the final budget is presented to the client team leader for approval
• For continuous improvement the budget goes through value checks before being forwarded to the next month/year.
• The value proposition should be done within the last 2 weeks of the month to allow for research and handed into the company 4 working days before the end of the month.
final year financial reports
• We first conduct an internal audit of the books.
• The combine the final year reports onto excel
• Then analyse the reports to give a written document on the financial reports
• The reports are sent to the directors 3 days before a meeting is scheduled with the client
• A meeting is then scheduled with the client and the financial reports and then explained and questions can be answered during the meeting
