A Business needs to understand the pattern of its cashflow in order to take important decisions in a timely manner.
Small scale businesses usually accumulate their records throughout the year and get them compiled by the end of it. This does not provide them with a clear periodical picture of business performance duirng the year. Whilst SMS England Limited takes charge of bookkeeping, we provide periodical reports and analysis which helps business to monititor its performance.
Management accounts does not only allow business to be updated with their current situation but enables it conduct cash flow projections based on current trends.
Amongst the few various reports that we provide are: