Tally Accounting Services
01522 640932
accounts@tallyaccounting.uk
Management Accounts
Management accounts are monthly or quarterly reports that provide an up to date synopsis of how your business is performing. Unlike statutory accounts, which are predominantly for HMRC, Companies House and other external stakeholders, Management Accounts help you and your decision makers to guide the business in the direction you seek.
Do I need this service?
Essentially, Management accounts provide:
- Key figures including revenue, costs, profit, cash and tax
- Observes trends and variances against your expectations
- Helps with recommendations with a clear analysis of the figures
- Helps support conversations with banks, investors and other stakeholders
- Helps you identify anomalies early, eg creeping costs or unusual transactions that need investigation
Basically, management accounts help you to see what’s really going on in the business now, not a year down the line.
Contact us below to discuss how TAS could assist you.
TAS Office
Tally Accounting Services
82-83 High Street
Lincoln
LN5 8AA
Contact details
accounts@tallyaccounting.uk
01522 640932
Company number 12556045
Parking
One hour on street parking is often available on the high street outside our offices.