• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Top notice bar

Call us on 08000 388799

Avanti Tax Accountants HomepageAvanti Tax Accountants

Bookkeeping, Accountancy and Taxation services

  • Home
  • About Us
  • Our Services
    • Bookkeeping & Accountancy
    • Corporation & Personal Tax
    • Payroll & CIS
    • Company Secretarial Bureau
    • Budgeting, Forecasting & Business Valuations
    • Mentoring & Business Coaching
    • Software & Training
  • Our Accountants
  • News & Insights
  • Send An Enquiry
Home » News & Insights » Case Study – Bookwork Efficiency

Case Study – Bookwork Efficiency

Posted on 9th July 2019

Peter Wade who assists in the bookkeeping and payroll department of Avanti deals with a variety industries on a daily basis helping with the bookkeeping which includes purchase and sales ledge, bank reconciliation and VAT.  The clients he is involved with vary from hairdressers to pubs from IT companies to coffee shops and IFA’s.

Bookwork Efficiencies

A Member of the team asked me to look into why their client sales figures were incorrect as the client had a different figure altogether , knowing a second pair of eyes is always helpful!

So, looking through their accounting software file nothing seemed out of place until I came across “GC C1” money coming in and it transpired we had no corresponding paperwork from the client to assist us.

The result in lack of information, meant that a few invoices were shown as unpaid, but once we had the relevant paperwork and were able to tie up income against invoices correctly, we were able to provide them with accurate financial information.

We always strive to provide a service that is cost effective, so looking at how the information is received and how it could be provided in a better format, to ensure we have the data we need, but able to complete the work in a time efficient manner is important to us.

So looking at the paperwork I got from this client, I asked if they could provide the information in a CSV format, instead of providing sales invoices, which can cause delay and inaccurate information. This means I can upload directly into the software – saving time and assisting with the accuracy of the information we are provided.

The client is very happy that we are providing them a service that is accurate, proactive, informative and being mindful to their costs.

Share this post:

Share on TwitterShare on FacebookShare on LinkedInShare on E-mail

Filed Under: Business Tagged With: Bank Reconciliation, Bookkeeping, Bookwork, Business, Business Tips, Deadlines, SME, VAT

Disclaimer:- The information contained herein is given by way of general guidance only and no action should be taken solely on the basis of the information contained herein. The Avanti Group (UK) Ltd will be pleased to provide further guidance on the issues, and how they might affect you. No liability is accepted by the firm for any action taken without seeking appropriate professional advice

Footer

Navigate

  • Find An Accountant
  • About Us
  • News & Insights
  • Privacy Policy
  • Letter Of Engagement

Our Services

  • Software & Training
  • Mentoring & Business Coaching
  • Budgeting, Forecasting & Business Valuations
  • Company Secretarial Bureau
  • Payroll & CIS
  • Corporation & Personal Tax
  • Bookkeeping & Accountancy

Get In Touch

Tel: 08000 388799
Send us an enquiry

  • Facebook
  • Instagram
  • Twitter
Copyright © 2023 Avanti Tax Accountants · All Rights Reserved
Part of The Maurice J Bushell & Co Ltd Franchise (UK) Ltd · Company Reg: 10407313 and The Avanti Group (UK) Ltd · Company Reg: 04635630 · Created by Purple Hippo
  • So we can contact you to discuss your enquiry
  • So a member of our team from your area can contact you
  • By clicking ‘Send Enquiry’ you agree to receive contact from Avanti Tax Accountants using the details given above. We respect your personal information and your privacy and will not share or sell your information to other organisations. Please read our Privacy Policy for more information.
  • This field is for validation purposes and should be left unchanged.