United Kingdom and Part of Europe

Over the years, we have provided assistance to accountancy practices in the UK, helping them to achieve greater efficiency and cost advantages. Our services encompass a range of offerings.

BOOKKEEPING & VAT

Our Bookkeeping services are designed to give your books special attention. Our goal is not only to provide you with an error-free book that meets your needs, but also to help you save money. We have 11+ years of experience in understanding the operations of various businesses through the bookkeeping process. We are dedicated to providing guaranteed satisfaction to our clients.

• Sub Ledger maintenance
• General ledger maintenance
• Expense ledger maintenance
• Accounts receivable/debtors reports
• Accounts payable/creditors reports
• Preparing receivable and payable ageing reports & summaries
• Bank account reconciliation
• Inventory reconciliation and Stock ageing
• Payroll Reports
• Cash flow/fund flow management, etc.

YMP Global is a company that specializes in providing outsourced services. They have a team of certified professionals who are knowledgeable about various VAT/GST /Tax filing schemes. Some of the VAT / GST schemes that their team has expertise in include:

• Standard Accounting using applicable accounting standard
• Annual books finalization
• Cash/accrual basis accounting

YEAR-END FINALIZATION

We have extensive experience in producing financial statements for a wide range of sectors, including construction, retail, IT, consulting, and more. We have worked with various types of entities, such as sole proprietorships, limited companies, partnerships, and others. Our years of operation have allowed us to gain expertise in all these areas. Regardless of your business type, we have the knowledge and skills to create accurate and comprehensive financial statements for your organization.

• Monthly/yearly Books finalization
• EOY Journal adjustments
• Ledger scrutiny
• Reconciliation of Bank
• Fixed assets register
• Asset and liability reconciliation at EOY
• Analytical review variance and ratio analysis
• Suggestions / feedback for improvement of bookkeeping by client
• Preparation of schedules in excel and workings to support financial statements

MONTHLY MANAGEMENT ACCOUNTS

Management Accounts are financial statements that are specifically prepared for a company's management team. These accounts provide timely and relevant financial and statistical information that is necessary for managers to make informed decisions on a day-to-day and short-term basis. The purpose of management accounts is to assist managers in understanding the financial performance of the company and to help them make strategic decisions to achieve the company's goals and objectives.

The reports would typically include:

• Periodic as well as yearly Trial Balance
• Balance Sheet
• Profit & Loss Accounts
• All Type of Ledger
• Debtor/Receivable Report with Ageing
• Creditors/Receivables Report with Ageing
• Bespoke Reports and analysis

PAYROLL SERVICES

We provide comprehensive payroll services at affordable rates, allowing you to increase your profit margins and free up time to focus on your core business operations. Our payroll services can be tailored to suit your specific needs, ensuring a well-managed and efficient payroll solution. With us, you can rest easy knowing that your payroll worries are taken care of, and the cost is just an added bonus – you only pay for each pay slip.