OF FINAL ACCOUNTS -3-
When my work is
done I supply a Profit & Loss
Account, a Balance Sheet, Capital Account, Fixed Asset Account
and Tax Computation showing the allowances claimed and tax Liability. Also
as standard I supply a Sources and Applications Account, which
helps you understand the difference in trading from year to year. The
Sources and Applications Account highlights the changes between
facets of the business and shows where income and savings have
been derived or not, and where expenditure has increased or decreased.
I base my charges
on an hourly rate of £25
and a business with turnover up to £20,000 would normally
be complete within a 12 hour period. It helpful to have
invoices and statements etc. in some order, as clearly this saves
time in the preparation of the accounts.