Question 1)
“Once we have prepared your accounts we will ask you to sign and return a copy. This can usually be done electronically using our E-Signature software. Once we have receipt of the signed accounts we will submit a copy to Companies House and upload a file copy to your Quick File year-end management area.”
How will I be able to review the Statutory accounts before signing it and sending back to you, will this be a .pdf file?
How I will be able to sign the Statutory accounts through your E-Signature software?
Will you provide a link to this software and instruction or what?
Will you also file accounts with HMRC along with CT600?
Question 2)
If I want to declare final dividends at the year end but pay them ofcourse in the next financial year, how do I inform your accountant about that? (because declared dividends should be in companys accounts for the year).
Question 3)
If I already made a necessary journals to reflect payroll and stock balances, will your accountant recognize it without making duplicated inputs?
Question 1: You will receive a link to review all documents in PDF format and once you are ready to approve the documents you can apply your digital signature, the software will guide you and is extremely user friendly.
Question 2: Once our accounts team have completed the final trial balance and adjustments, they will be able to guide you on what profits are available for distribution, along with entering the necessary journals and producing the dividends voucher, once approved by you.
Question 3: Our accounts team collaborate on your Quick File account and are able to review all journals, they will return to you should they have any further queries.
Thanks for reply Joe,
I have another 3 questions about year end services.
Question 1) Do I need to account for salaries myself?
I mean I have 1 director and 1 employee in the company, both received salaries in the accounting year, I run payroll myself in a separate software.
If I just tag salaries and PAYE payments from bank account this will not be a complete picture because additional (monthly) journals need to be entered to come up with Employers NI and gross salaries
How do I manage this?
Also will you make the correct disclosures in directors remunirations and employee notes?
Question 2) I run my company activity from my home (flat I rent on my name), I use one room for the company needs.
Would you be able to do the calculations for me to claim these expenses or do I have to somehow account for this myself? I just don’t know hoe to calculate this.
Question 3) Will I be able to see Corporation Tax return (CT600) before you file it and computations?
Question 1: We will provide a checklist for you to enter the payroll figures from your payroll reports, we are also on hand to assist if you require additional help.
Question 2: Once you sign up for the service, we can use the HMRC approved guidance rates.
Question 3: As previously advised, we provide a copy of all documents, including the Company Tax Return(s) in PDF format for you to review and sign online before we file.