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Increased limits for knowledge-intensive companies
The government will legislate to encourage more investment in knowledge-intensive companies under the Enterprise Investment Scheme (EIS) and...Read more >
8 Dec 2017
Proposed changes to Entrepreneurs' Relief
The government will consult on how access to ER might be given to those whose holding in their company is reduced below the normal 5% qualif...Read more >
7 Dec 2017
Delay in the abolition of Class 2 NIC
The government has announced that it will introduce legislation, to abolish Class 2 national insurance contributions (NIC) and to make furth...Read more >
7 Dec 2017
The General Data Protection Regulation or GDPR (as it’s commonly known) will be in force for all organisations from 25th May 2018. Thi...Read more >
23 Oct 2017
Solihull Chamber News Column - 24th August 2017
The Chamber’s Quarterly Business Report (QBR) always highlights some interesting information on what is happening in the business worl...Read more >
24 Aug 2017
Solihull Chamber News Column - 10th august 2017
As Brexit becomes a reality, the Chamber of Commerce’s International Hub is stepping up its drive to encourage and help businesses to ...Read more >
10 Aug 2017
Contact Prime Today
To discuss how our Virtual Accounts Office operates, please contact us for a free initial meeting.Please Email Us >
Virtual Accounts Office
An effective accounts department is a vital element of any successful business but having the staff, with all of the necessary skills and training, within your company isn’t always practical. Prime’s Virtual Accounts Office ensures that any business can have a professional accounts office and latest technological systems without the overheads of running your own in-house finance function.
Prime VAO allows you to hand over all responsibilities involved in running an accounts function to a well-established and reputable firm of accountants, with the confidence that all of your statutory and legal obligations will be fulfilled in a timely manner and the issues relating to employing technically competent staff, business continuity or system failure are removed.
Through our flexible managed accounting offering, you can decide exactly which services you require:
- Invoice handling – including electronic scanning, authorisation via secure Internet and supplier payment
- Sales, purchase and nominal ledger production
- Sales and purchase order processing
- Payment of your suppliers via our BACS Bureau
- Management reports with full explanation and weekly flash reports
- VAT returns preparation and submission
- Credit references and credit control
Prime’s Virtual Accounts Office can help businesses from their earliest stages, who want a complete service, or assist larger companies that do not want the overheads of a full internal finance function. For all of our clients it provides the following benefits:
- Allows you to focus on your core business
- Provides peace of mind that it’s done
- Fully backed up data
- An office of experts to deal with suppliers’ queries and payments
- No need to recruit trained and competent staff who are liable to holidays, sickness etc.
Prime VAO is designed to allow you to really dedicate your time to growing your business, rather than having to cut your way through red tape and bureaucracy. The Prime VAO can be tailored specifically to meet your individual needs and can provide as much or as little support as is required.
Call Prime Today - we're here to help
To discover the full extent of what we can offer, or to arrange an initial consultation, please contact Kevin Johns at Prime Virtual Accounts Office.
Coventry - 024 7651 8555 or Solihull - 0121 711 2468