Our internal training manual -
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Over many years we have developed the method used by our staff to take a set of bank statements and create a super-fast, industry standard cashbook analysis. If you run a business, you can use our method to turn your raw data into useful information. Take it to an accountant and be assured that, whilst they must spend a short time checking it out and they may need to move things about a bit, they cannot charge hours and hours at their expensive hourly rate. All they really have to do is read the figures off the bottom of the page (they will probably enter them into a computer program they use to do your Accounts and Tax Return). A big surprise - don’t think your accountant wants to create hours of work. People spend vast sums getting their accountants to do what they should have done themselves or have paid a book-keeper to do (if you use the accountant’s book-keeper, expect to pay three times their hourly rate plus VAT). But look inside the accountants heart and you will see they do not want to charge you for hours and hours of their time. The ideal client is well organised, comes in with a neat set of records, and pays for professional advice. The Accountant can best help people whose records are in order with timeous tax planning. Use our methods and you will save accountants bills, be popular with your accountant and get the best advice. Finally, if your book-keeper uses a Collins Cathedral Analysis book, take a pat on the back - there is no finer manual spreadsheet. But think about retraining the book-keeper for the 21st Century, or getting another one. Paper spreadsheets have been replaced by computerised ones. If you don’t wise up, you are paying more to somebody :- • the book-keeper the average 1 hour per page working out why the row totals don’t match the column totals; • the accountant re-analysing the ‘sundries’ column (the book is never wide enough); • the accountant’s book-keeper re-entering all the data because no-one knows where the errors are If you are an accountant, we dare you not to spend £25 + VAT to learn our secrets. We are so sure they work that we pay our own outworkers, not by the hour, but by the number of transactions they input. We pay less, they earn more. We all dread getting the shoebox/Tesco’s bag of crap delivered late by the client whose business is rocky. At Fair Balance we do not use standard ‘incomplete records’ software, but you probably do. If you read our internal training manual, we believe you will agree that you are better off creating an industry-standard spreadsheet analysis first, then taking the totals over to your incomplete records package. Why? Because with our method we enter 60 transactions an hour (no VAT) and 45 an hour (VAT registered) including toilet and coffee breaks. How does this compare with your rates? Click here to download a free trial |
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