We work with several leading accounting software including Quickbooks, Sage, Kashflow, Xero, FreeAgent and Receiptbank. However, we appreciate if you have any other preference for the accounting software.
-
Setting-up your own cloud accounting software
-
Provide you initial software training
-
Regular updating financial reports
See what our clients says
Client Overview
Matthew Staley-Harrison, Director of 365 Group Ltd and four other companies, approached HD Accountancy amidst a turbulent period marked by rapid business growth and significant compliance challenges. Matthew's businesses experienced exponential growth, with turnover increasing from £240K to £1.7M and then to over £3M within two years. However, the transition was marred by poor support from previous accountants, leaving Matthew's companies' accounts and compliance work in disarray.
Challenges
- Overdue Accounts and Corporation Tax: When Matthew joinedus, his companies accounts and corporation tax (CT)Mubmissions were overdue, with necessary documents missing
- Unreconciled Transactions: His Xero account had over 5000 unreconciled transactions, and previous years accounts were Mubmitted without proper reconciliation
- HMRC VAT Investigation: One of his companies was under an abandoned VAT investigation, and HMRC was chasing for compliance
- Business Growth: Rapid growth left Matthew with little time to manage compliance, putting additional pressure on ensuring accurate financial management.
- Complex Cash Flows: Intercompany transactions and applying proper VAT rules added to the complexity of the financial landscape.
