Accouting Solutions

TLA , ACCOUNTING SOLUTIONS we provide a professional, invaluable service to our clients regardless of size. Our offices deliver with  service a wide range of clients all over the country looking after individuals with basic tax requirements to owner managed businesses of all sizes.

In recent years we have seen our practice grow and flourish as we welcome new clients on board with our hands on approach of listening to their needs and working with them to achieve their goals.

Let us remove the stress and hassle of dealing with the financial and tax affairs of your business by:

  • Arranging appointments at a time and location that is convenient to you, outside office hours and at your premises if required.
  • Really taking the time to understand your business
  • Keeping your tax obligations to an absolute minimum
  • Sticking to mutually agreed deadlines and budgets
  • Giving value for money.

For many, preparing annual accounts are an unnecessary evil and in many ways a means to an end in terms of calculating your personal or corporate tax liability but sadly it is a process which all businesses, irrespective of size, must adhere to in order to meet the filing requirement set out by Companies House and HM Revenue and Customs.

At Tax Legal Associates we adopt a different approach and whilst we appreciate that there are statutory filing requirements which must be met, we seek to prepare and make good use of the figures. Explaining the accounts in “plain simple English” Making  the  “Way  which is Best For You” and making it relevant to your day to day working life enables you to be forearmed in making timely, informed financial decisions.

We appreciate that not all clients are book keepers, nor do they want to be so we welcome records in any form from a carrier bag or receipts to a balanced and reconciled accounts package. We even give you recommendations after the work is done on how improvements can be made in the year ahead.

We believe the key is in the communication and with this in mind, we make the effort each year to sit and talk through the numbers in as much detail as you like, ensuring you understand the accounts and what they mean. We’re not expecting you to become Accountants, just to draw relevant information which will aid your business moving forward.

 

Outsource Bookkeeping Services

Our Bookkeeping Services are focused at reducing the finance and accounting costs of our clients by helping them with their management, accounting and tax preparation needs

WE  have proficiency across all the major accounting software used in the industry for bookkeeping services, such as QuickBooks, Quicken, Peachtree, Sage Accounting, MYOB, Business Vision, Simply Accounting and CaseWare. O2I has a dedicated team of well-trained accountants and professionals who can quickly adapt to customers’ specified software and processes, and at the same time ensure quick turnaround time and quality standards.

Accounting Bookkeeping Services We Provide

  • Accounts receivable services
  • Accounts payable services
  • Bank account reconciliation
  • Invoicing Processing Services
  • Manual Journal Entry Services
  • VAT returns
  • General ledger maintenance
  • Assets / equipment ledger maintenance
  • Expenses ledger maintenance
  • Preparing accounts receivable reports
  • Preparing accounts payable reports
  • Preparing ageing reports & summaries
  • Credit card reconciliation services
  • Preparing financial statements
  • Trial balance services
  • Preparing income statements (Profit & Loss)
  • Balance sheet services
  • Preparing sales reports
  • Preparing purchase reports
  • Cash flow statement
  • Entry of transactions
  • Inventory services
  • Accounting setup services
  • Day-to-day bookkeeping and accounting
  • Books balanced and reconciled quarterly
  • Management accounts produced quarterly
  • Annual accounts and tax returns preparation
  • Submission to Inland Revenue
  • Submitted to Companies House
  • Expert tax advice to minimize tax liability
  • Adjustments to year-end accounts
  • Storage of documents at our offices

Value-added Bookkeeping Services – Specialized Reporting

Apart from all the standard bookkeeping services, we also offer custom reports that enable customers to better analyze their revenue and expenses. A list of additional services provided is as follows: We offer customized reports that help you analyze your revenue and expenses.

  • Customer Reports – determine your most profitable and least profitable clients
  • Employee Reports – analyze employee expenditures with year-end reports
  • Break-up of Expenses – break down your expenses by category. Whether it’s by product line, office or region, this report gives you an efficient analysis of your expenses
  • Event Analysis – determine your expenditure for individual events

Bookkeeping Services for Multiple industries

One size does not fit all! At  TLA , our accounting bookkeeping services are custom-designed to meet your individual needs. Unlike most of our competitors, we know exactly what the differences between bookkeepers and accountants are, and provide our services tailored to your organizational goals. We offer a wide range of expertise, so you can create a package that best fit your business requirements. We offer bookkeeping for the following –

  • Bookkeeping for Real Estate
  • Accounting and Bookkeeping for Banking Industry
  • Bookkeeping Services for CPA Firms
  • Bookkeeping Services for Small Businesses
  • Bookkeeping Services for Large Corporations

Specialized Bookkeeping Services for Global Customers

TLA also offers bookkeeping and accounting services specifically for our US and Australian customers. Whether you are looking for bookkeeping services for small business or large corporations, we can help.

  • Computerized processing of all checks and bookkeeping information
  • Bank statement reconciliation
  • Preparation and review of monthly financial statements
  • Maintenance of employee and sub-contractor earnings records
  • Tax Preparation Services
  • Tax Processing Services
  • Preparation of year-end W-2 and 1099 forms

Our Software Capabilities

Our accounting staff is proficient in all industry software. Our experts can adapt to your specified software and small business processes, while at the same time deliver a quick turnaround time.

  • MYOB and SAGE
  • QuickBooks (All versions)
  • Quicken
  • Peachtree
  • Intuit ProSeries
  • Intuit Lacerte
  • Net Suite
  • Creative Solutions Accounting
  • Master Builder
  • Business Works
  • Business Vision
  • Simply Accounting
  • Caseware