Have any questions? UK : 020.7096.0555 | info@mindspaceoutsourcing.co.uk

Services For Businesses in the UK

Mindspace is a specialist outsourced online accounting service provider working primarily for UK Businesses of all sizes. With a qualified team of Chartered Accountants and finance outsource specialists we’re dedicatedly providing reliable, timely, and affordable services which businesses in UK can trust. Our motive is simple; offer best outsource accounting services and help the business houses invest more time in growing.

Bookkeeping Services involves :

Entering purchase ledger documents (bills)

  • Sales Invoicing and Entering sales ledger documents (sales invoices)
  • Entering Nominal Expenses
  • Preparing bank and credit card reconciliations
  • Preparing Journals for Month Ends
  • Paypal and ebay reconciliations
  • Producing creditor and debtor report
  • Doing Credit Control of behalf of clients
  • Preparing cheque payments
  • Preparing trial balances
  • Taking care of Multi Currency Accounting

Vat Returns

At MindSpace we can take care of VAT returns . We have prepared Flat Rate VAT, Standard VAT and Cash VAT Returns . We have processed returns for cleints in Restaurant , Retail , Travel, Webdesign , IT , Fashion, Salone, Construction VAT ( CIS ) , Entertainment, Consulting, Architecture, Scaffholding and E-commerce companies. We can apply the best VAT method as per client business and prepare VAT returns.

Management Accounts

Monthly/ weekly management accounts preparation are necessary to assist in making business decisions Our management reports include:

  • Profit and loss statements
  • Balance sheets
  • Cash Flows
  • Annual budget and forecasts
  • Variance reports
  • Accruals & prepayment schedules
  • Intercompany charges & reconciliations

Payroll

We process payroll for businesses. It includes:

  • Running Weekly , Fortnighly and Monthly Payrolls
  • Generating payslips,
  • Preparing of P35 , P1d
  • P45’s , P46 , P60 and P38
  • Calculating Holiday and Bank Holiday SSP , SMP , Student Loans etc.

Any Other Finance Process Function :

At Mindspaceoutsourcing we can take us any other process in Finance Domain. Areas include :

  • Invoicing/ Franchisee Invoicing
  • Lodgments Reconciliations
  • Employee Travel Expense Reconciliations
  • Fixed asset Register maintenance
  • Demurrage Controls etc.

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Click to learn more about ourWorkflow Process

Softwares we use

sagemyobvt-softwarequickbookskashflowxero