East Sussex Accountants
Why come to ETM, East Sussex Accountants?
East Sussex Accountants provides reliable, informed business advice that help you make the right choice in challenging times.
We help with both short term and long term business strategies, so you have a strategic partner to turn to for any business questions.
Our simple goal at East Sussex Accountants is to help you succeed in business.
For that, we aim to understand your business model thoroughly.
Of course, you’ll already have a solid understanding of your business income and expenses.
But beyond that, you need a proficient Accountants in East Sussex to look out for your interests.
Small business in the East Sussex is a very dynamic and diversified field, and while we can’t be expert in all things, when it comes to accounting, we are a firm you can trust .
etm Consulting are East Sussex Accountants local businesses trust.
With the changing nature of many businesses and the way businesses are being carried out in the 21st century, East Sussex accountants have also had to change with the changing global trends.
Many traditional accountants lay more focus on the annual audits that were used to determine whether a business had made a gain or loss in the previous trading year but that is no longer enough to keep businesses on its toes in this world that we are living in.
This only produced an analysis of the longer period but not showing the transitions that a business has undergone over time.
This begs the question – “What have the East Sussex accountants done to fit the changing world trends in accounting?” In a market where quality customer experience has a direct impact on the demand of one’s services, East Sussex accountants have adopted some of the modern accounting practices.
East Sussex Accountants, the firm local businesses call first.
East Sussex accountants have embraced modern day practices that are more suited to small business with their limited capital.
East Sussex accountants have also responded to the current harsh economic times, coming up with service packages that are tailor-made to suit small businesses.
These include services that help small business entrepreneurs to make sound financial decisions for the benefit of their business.
When Should You Hire an Accountant
You already know the impact that a robust financial system has on the overall success of your company.
Thus, when should a business hire an accountant or seek accounting services?:
- 1. Call East Sussex Accountants When Adding Employees
Increasing your work team is one aspect of growth especially when the potential of the existing employees has been stretched beyond limit. However, it is highly recommended that you seek accounting services before going on with this decision to help you with all financial matters including advice on payroll, staffing costs and general ideas on how you can improve your profits while minimising your costs.
- 2. Call East Sussex Accountants when Changing the Business Structure
When changing the business structure e.g. from a sole proprietor to a partnership or even to a company, it is advisable that you should hire an accountant to guide you through any financial and tax implications of changing.
He/she will also be able to tell you whether changing from one structure of ownership to another could benefit the business or not.
- 3. Call East Sussex Accountants when Seeking External Financing
When your small business is looking for external financing such as bank loans to expand the business, it is advisable that you carry out an internal audit in order to tell whether you will be able to comfortably repay the loan. If the financial projections show that you will surpass the amount required by the bank, you can even go for a bigger loan.
- 4. Call East Sussex Accountants for Complex Billing
For a business with complex billing and account management, it can be pretty hard to avoid hiring an accountant on a permanent basis. Basic bookkeeping knowledge might not suffice and thus an accountant will be the only way out.
Since all accountants do not specialize in the same stuff, you should first comprehend and recognize the types of services that you are in need of before settling for a particular accountant or accounting team.
East Sussex Accountants, the firm local companies prefer
What Kind of Records Should I Keep?
East Sussex accountants recommend that the following financial records should always be available:
- 1. Gross Receipts
Gross receipts are the total income that you receive from your business.
You should thus keep all the supporting documents that show not only the amounts received but also the source of this income.
These documents include: cash register tapes, bank deposit slips, invoices, credit card charge slips, and receipt books.
- 2. Purchases
Purchases are the acquisition of something that you are required to pay.
You should keep a record of all costs that you incur acquiring any new items, acquiring raw materials that you need for your core business activities.
The records that you should not lose include invoices, credit card sales slips, cancelled cheques and cash register tape receipts.
- 3. Total Expenses
Expenses are the costs that you incur (other than purchases) to carry on with your daily business duties.
These may include petty cashor even allowances that you give to your employees for particular
work done. Most of the expenses are routine expenditure necessary to keep a business going.
All the documents to that effect should be kept safely for accounting purposes.
- 4. Assets
These are permanent assets that you acquire in the course of either expanding your business or just needed to perform routine business chores. These include machinery and any other equipment that you have in your business. Asset records are necessary to depreciate the annual depreciation of these assets and thus be able to tell the total value of all the assets owned by the business.
6 Service Promises From Solicitors Harrow
- East Sussex Accountants have the experience to guide you through all types of business challenges.
- East Sussex Accountants have wide experience in all kinds of business accountancy matters, but if we feel we’re not the best people for the job, we’ll tell you, so no time is wasted.
- East Sussex Accountants offer uncompromising advice with your interests uppermost in our minds, at all times, guaranteed
- East Sussex Accountants will keep you informed and up to date at all times.
- East Sussex Accountants will tell you clearly and directly what action we advise well ahead of time so you can relax knowing we are taking care of your interests.
- East Sussex Accountants have a policy of direct contact meaning we’ll keep you up to date on everything.
Services to expect from East Sussex Accountants
- East Sussex Accountants can lend a hand your business with Accounting Software and I.T.
- East Sussex Accountants can aid your concern with Annual Accounts Preparation
- East Sussex Accountants help with opening Bank Accounts
- East Sussex Accountants know how to aid your business with Benchmarking
- East Sussex Accountants can take care of your general Book-keeping
- East Sussex Accountants know how to help your business with company Expansion
- East Sussex Accountantscan specifically be of assistance you with creating a Business Financial health check
- East Sussex Accountants are experienced in small business marketing plans
- East Sussex Accountants can assist you with team support sessions
- East Sussex Accountants can specifically help with valuing your company
- East Sussex Accountants can help with Capital Gains Tax Preparation
- East Sussex Accountants can help you set up your new company
- East Sussex Accountants can specifically be of assistance for Company Secretarial services
- East Sussex Accountants can aid your business with Contractors and IR35
- East Sussex Accountants can assist you with Employee Remuneration Forecast
- East Sussex Accountants generally assist your business with Specialist Witness services – Forensic Accounting
- East Sussex Accountants know how to lend a hand your business with Financial Services Pensions, reserves, and so forth
- East Sussex Accountants will lend a hand with Inheritance Tax Preparation
- East Sussex Accountants know how to assist your business with Management Accounts and Information
- East Sussex Accountants can assist your business with Management Systems
- East Sussex Accountants know how to help you with PAYE Healthcheck
- East Sussex Accountants generally lend a hand you with Payroll and PAYE Returns
- East Sussex Accountants generally be of assistance you with Personal Tax
- East Sussex Accountants can assist your business with Property Tax
- East Sussex Accountants generally lend a hand your business with Raising Finance
- East Sussex Accountants can aid you with Registered Office
- East Sussex Accountants specifically help you with Business Planning
- East Sussex Accountants know how to assist your business with Tax Authorities
- East Sussex Accountants specifically be of assistance you with Tax Enquiries And assesments
- East Sussex Accountants specifically assist your business with Tax investigation Fee Protection
- East Sussex Accountants specifically aid you with Tax Scheduling
- East Sussex Accountants can lend a hand your business with Tax Returns and Self Assessment
- East Sussex Accountants know how to aid your business with Trusts
- East Sussex Accountants specifically aid you with Value added tax Financial health check
- East Sussex Accountants advise on Value added tax Planning And Disputes
- East Sussex Accountants help your business with VAT Registration
- East Sussex Accountants help your business with Value added tax Returns
We are here to help with planning and end solutions.
We’ll work through challenges with you.






