Phone: 01229 316707

Management Accounts

Management Accounts

RSS Bookkeeping and Accounts Ltd are a client-focused service based in Barrow in Furness. As a company, we are aware getting regular management accounts will allow you to keep a tight grip on your business’ finances. Having the ability to see how your business is performing from one period to another will give you the freedom to make informed financial decisions with up to date and accurate figures.

We’re all unique and each of us has a different perception of what is the right way to do certain tasks. This is as well as how often we should revisit them. You can have your management accounts at agreed intervals to suit you. You might choose monthly, bi-monthly or just twice a year, if you like, it’s your decision.

We won’t just drop the management accounts in your inbox for you to try to muddle through either. You can opt to have the management accounts coincide with a face-to-face meeting. You could also opt for a video/phone call if it’s more convenient. If you feel you don’t need to see us, you will be sent a brief commentary that will decipher the figures. This will tell you exactly what they mean to you and your business.

Management accounts are a great tool to use to help you with your financial planning. They give you an accurate insight into your business at any given moment in time. This can be used to compare against budgets for your business.

Small businesses and their owners often struggle to master their numbers as there are so many different jobs they need to do. Having access to management accounts is a fantastic way to negate this. They also allow you to set targets for following years as well as spot patterns in your trading history meaning you can better plan for fluctuations in future.

Covering Barrow in Furness, Dalton, Ulverston and due to our cloud accounting software across the UK, do not hesitate to contact us if you would like to make use of this or any of our services. We’re here to help you grow your business in a way you would like.