Acconomy's Virtual Finance Department (VFD)
In a rapidly changing business world, small and medium size enterprises have to grapple with the complexities of bookkeeping, debt chasing, compliance, tax and financial management and control. That’s without even thinking about planning for the future, forecasting and budgeting. On top of that you have a business to run!
The traditional approach of hiring an inhouse team of bookkeepers, payroll personnel and financial controllers can be very costly. And how do you even know if they are good or bad at their job? What happens if they go sick or leave at short notice?
Acconomy's Virtual Finance Department (VFD), a one stop shop providing a blend of cost efficiency, flexibility, scalability, continuity, and strategic guidance that results in your business having large company financial expertise at a price you can afford.
Our innovative model uses technology and a team of experienced, qualified staff to provide a flexible comprehensive finance department tailored to your specific needs ensuring that you not only save on costs but also gain strategic insights to fuel your growth.
From inception through to exit
01INCEPTION
- Funding advice
- Initial business planning and forecasting
- Guidance on structure, compliance, and accounting basics
02STARTUP
- Accounting systems and reporting options
- Business planning and forecasting
- Company formation, University spinouts
03GROWTH
- Tech stack development
- Budgeting, forecasting and reporting
- Employee share option schemes, R&D Tax credits, Patent Box
04EXIT
- Business valuation
- Tax planning
- Personal financial planning
In their words
What our clients say
Acconomy have been instrumental in helping us understand our accounting requirements, tax benefits available, how the business should be structured to incentivise employees through an employee share option scheme and what the consequences were when trading in other countries. Acconomy have helped behind the scenes from conception to the thriving business we have today.
Wen NivalaDirector, Apption Labs LtdRead moreAcconomy have been with us from the very beginning when I was an independent consultant. One of the key things I like about Acconomy is they have expanded their services as my requirements have expanded, they’ve kept pace with what I want. We now employ over 100 people. The proactiveness is great and whatever question you throw at Acconomy they come back quickly with a response. They're a great team to work with, very professional and they go out of their way to help you whatever the problem.
Navdeep SinglaCEO, On Device Solutions LimitedRead moreAcconomy give us reassurance and peace of mind. We recommend Acconomy to people we know because we have first-hand experience of how they have helped us grow from into a proper Limited company. We have a close relationship with our accountant, they know us and everything about our business. Having the one person that we predominantly deal with but knowing there’s a support matrix behind the scenes, helps us maintain that personal relationship, something that I feel you need between a business and an accountant.
Daniel LewisDirector, Qmulus Solutions LimitedRead moreI've been a client of Nigel's for almost a decade now. There's a reason for that......if you find a good accountant, stick with them. Nigel's advice is always sound and well thought out, and is backed by a no nonsense approach to getting the job done, whilst still having an excellent sense of humour. I have no hesitation in recommending both him and Acconomy as a smart partner for your business.
Graham DopheideDirector, FONTOF TESTING (UK) LimitedI’ve used Acconomy since May 2012, I’ve always had excellent service and have been more than happy, which is why I’ve never looked to move. Always happy to recommend the service provided by Nigel and his team.
Dean EmersonDirector, VICTRIX IT LTDNigel and the Company were recommended to me when establishing my own consultancy in 2011. The support I have received is practical, professional and with a great understanding of my business model. I would have no hesitations in recommending Nigel and Acconomy.
Antony DaviesDirector, AJDCS LtdNigel and the team have always been exemplary and gone above and beyond on every occasion - they are always available, always professional and always great people to work with. Where some of our questions were nuanced or deeply technical, they always supported us by introducing us to specialist advisors. I would have no hesitation in recommending Acconomy.
Mike TinmouthCOO, ACUA Ocean LimitedRead more
BUT GETTING THE COMPLIANCE RIGHT IS JUST AS IMPORTANT
WHAT WE DO GOES WAY BEYOND JUST COMPLIANCE
- 01
Bookkeeping
Streamline your financial processes with our reliable bookkeeping services. Experience the ease of seamless transactions and real-time financial clarity with tools like QuickBooks, Xero, and Xledger.
- 02
VAT Returns
Navigate VAT complexities confidently. We ensure timely and compliant submissions, giving you peace of mind and more time to focus on your business.
- 03
Quarterly Management Accounts
Unlock strategic insights into your business performance. Our quarterly reports illuminate paths to improved results and informed decision-making.
- 04
Annual Accounts
Leave the meticulous work of annual accounts to us. We guarantee precision and punctuality for all submissions to Companies House, so you can stay focused on your business's future.
- 05
Corporation Tax
Minimise your tax liabilities with our expert computations and filings. We ensure every eligible saving is claimed for your company.
- 06
Payroll Services
Simplify your payroll process, regardless of your team's size. We handle the details, ensuring your staff are paid correctly and on time, every time.