A template called “Boomerang” is given to all clients to enter information
The first step is that you must provide bank statements in csv format to Avar
We will then part complete the Boomerang using the bank csv.
A screen share meeting via TeamViewer is setup where we will complete the transactions on the boomerang, online.
Other information we may require to be entered onto Boomerang is detailed below:
Sales Invoices
Purchase Invoices
Cash Expenses
Business Mileage
Use of Home
We encourage clients to use the above services as this:
Minimises costs
Does not require hard copy documents to be sent to us (invoices, vouchers and bank statements etc.)
As we deal with Companies House and HMRC deadlines, information must be provided in a timely manner.
The assignment will not commence until all information is received complete in its entirety.
Nature of Work
The services we offer can also be split into two categories:
Advisory
Execution
Advisory work is charged at a higher fee, as this involves detailed accounting, tax analysis, financial planning and advice.
Execution does not include planning and advice and we will only file end of year accounts and tax returns.
If you choose to opt for “Execution Only” services, it is your responsibility to take precautionary measures to protect your tax and/or accounting position going forward.