Bookkeeping Services in Dunmurry
Our professional accountants offer a full range of bookkeeping services in and around the Dunmurry area. Coleman and Co make it a priority to take your accounts and make sure that we carry out daily bookkeeping tasks. We understand that as a business owner it is important to keep files organised and secure. As a result, all work is completed to a high standard.
Outsourcing your accountancy requirements to Coleman and Co could save you money in the long-term, as well as reduce the stress of managing finances. Our aim is to improve your business by keeping accurate company records, retrieving information, improving storage, keeping an eye on all transactions, and compiling any necessary financial reports.
Services We Provide
Here at Coleman and Co we offer a large variety of consultancy, accounting, auditing and taxation services in the Dunmurry area. It is crucial to us that we can provide you and your business with the best financial services possible.
A few of the services that we offer are:
- Business Planning
- Accounts Preparation
- Management Accounting
- Tax Returns
- PAYE (Pay As You Earn)
- Cashflow Forecasting
- Budgeting and Forecasting
- Tax Investigations
- Start-up Services
- Business Income and Corporation Tax
- Capital Gains Tax
- Computerised Accounting Systems
- Sole Trader
- Company Secretarial Services
- Limited Companies
Why do you need an accountant?
Having a professional accountant on board to help you with your financial record keeping allows you to keep everything coordinated. Having an accountant becomes a legal requirement once your business is too big to hold your own records in-house or big enough to require an audit. Having Coleman and Co compile your financial records is beneficial to you. Our personal accountants make sure every clients documentation complies with legal requirements. They also ensure that your records are organised and up-to-date in preparation for any potential HMRC checks that may occur.
Budgeting and Forecasting
Carrying out budgeting and forecasting provides your business with an overall financial plan for money spent from month to month. On top of this it allows you to plan for any further developments and enable you to monitor your outgoings and expenditures. Coleman and Co watch your financial situation and make suggestions on how to improve future finances, whether you work on a yearly or monthly basis.
There is a difference between forecasting and budgeting and it is important you understand this to get the most out of your company financially. A forecast predicts what your business will achieve in the future, if budgets are met, whereas a budget is a quantified expectation of what your business will achieve financially. These services mean that you can determine the direction your business can go in overtime and what position it will be in over the current financial year. Budgeting and forecasting is effective financially as it allows realistic aims to be set based on the forecast of your business. Other benefits include keeping expenditures low, enabling flexible changes to any plans, and monitoring whether you will achieve your goals.
Computerised Accounting Systems
At Coleman and Co our years of experience in the industry have shown us why every business needs to develop plans to introduce new and changing systems from the earliest point possible. We have specialists in this area who have excellent knowledge of digital accounting systems and they can help improve your financial records system, changing the way that you handle money and maintain your bookkeeping. Our team are also members of the Sage Accountants Club, providing them with access to market-leading software and award-winning support.
Our accountants help you to select the correct software and hardware provider and make sure that necessary maintenance is available to help manage the new system. Any training that is required is fundamental to the success of any Computerised Accounting System and this can be provided through SAGE, giving you less to worry about.
Having a computerised system creates ready made financial reports, speeds up the process of your accountancy and makes sure that everything is done with accuracy. Our expert team can help you to set up and use the system in a cost-effective way, saving your company money at the same time as making sure security of finances is a number one priority.
Give us a call now on 028 9266 3599 to see how a computerised accounting system can help to benefit you.
Capital Gains Tax
We are experts in Capital Gains Tax and that is why we make sure that all the information surrounding this tax is clear and communicated. The tax is based on the profit that you make when you sell an asset and there has been an increase in value. The gain that you make from selling an item is what is taxed, but you can be exempt as some assets are tax-free and if your yearly gains are under your tax-free allowance.
Our accountants remove the confusion of taxation by explaining the system thoroughly and helping you to manage your finances by suggesting advice on where taxes could be saved in the long-run. Coleman and Co work hard to ensure that all taxation is dealt with accurately and abides by outlined guidelines. We can also help arrange and monitor your HMRC documents including:
- Stamp Duties
- Income Tax
- Inheritance Tax
- Corporation Tax
- Excise Duties
Bookkeeping Services in Dunmurry
Our bookkeeping services are available to clients living in Dunmurry and the surrounding areas of Lisburn and Belfast. The townland of Dunmurry has a popular golf club, cricket club and a 130 acre Sir Thomas and Lady Dixon Park. Coleman and Co can assess your assets, any liabilities that exist within your business, and your income and expenses to prepare your accounts accordingly.