Bookkeeping is at the heart of your financial information, poor quality bookkeeping means poor quality information, which can lead to bad decision making.
When it comes to bookkeeping and maintaining financial records, there are two ways to do this. Do it yourself or get someone else to do it (internally or externally). However, either way you need to be confident that it is being done right. You cannot base it on someone’s opinion, instinct or trust as it is one of the most important parts of your business.
How do we do it?
Firstly we will get access to your Xero and run a software that highlights where your data needs cleaning up. Then we will give you a complete insight into the improvements you need to strengthen the integrity of your accounting data
Providing financial insights
Having an accurate picture of where your accounts need fixing will put us in a position where we can highlight the numbers that fundamentally affect your cash flow, P&L and balance sheet
We will be providing you with a valuable plan of action to improve the quality of your bookkeeping and financial information which will help you make informed business decisions
Reviewing the last
As a bonus, we will also review your last VAT return and highlight what HMRC are looking at and explain how MTD works and how you can bring the most out of it
Why should you apply to get a FREE Xero health check performed?
- Pay the right amount of taxes, be it VAT, corporation tax, personal tax
- Avoid getting fined for paying the incorrect tax
- Prevent getting an HMRC investigation due to poor quality records
- Make informed future decisions
- Know your numbers and potential tax bills by having real-time accounting information
- Know your cash positions
- Gives a true and accurate fair view of the company
- Reduce stress by knowing your accurate financial position
- Makes you feel safe and comfortable in your business decisions
Let’s get started
To find out the health of your Xero and where you might need some improvement, you need to just follow the below steps:
All our training courses are tailored to the individual needs of you and your business. Get insights from our team of experts to analyse how Xero can help achieve your goals.
+ How long does it take to get the report?
It takes 1 minute to add us as a user then 15 minutes to run the report for you and provide the feedback about the quality of your accounting data.
+ I have an accountant, do I still need to get a Healthcheck performed?
Many firms do not carry out such extensive reviews. They are engaged to produce accounts from a set of data and submit them to HMRC and Companies House, not review your bookkeeping quality.
+ Can my accountant see I am checking on them?
It’s your right when you employ an accountant to check that your business accounts are up-to-date. This, in our eyes, is your rightful due diligence.
+ Is my data safe?
All of your data is safe with us, everything we do is recorded and backed up. This means you can see all historical activity on your accounts, down to the smallest details.
+ Can you use my data to defraud me?
At Northern Accountants, customer safety is our priority. We handle each and every account with the utmost due diligence it deserves. We’ll make sure all of your personal data is kept safe, out of harm’s way.
+ I do my own accounts. Is it possible I still miss something, even though I believe everything is correct?
Your accounts could be in perfect condition, however your business could be missing some vital tracking or financial management information. We believe that double-checking is better than not checking it at all.
+ I don’t want to become your client, can I still receive a FREE Xero Healthcheck report?
Of course. We provide this service to all businesses for free of charge. It provides you with vital information. But if you decide to take more advice or go forward and discuss the opportunity of working with us, we will be happy to do so.
+ Do you provide training if the report shows there is some missing information?
We provide three different types of training tailor-made to your needs and desires.
To find out more about this click here.
Accounts Bookkeeping Business tips Software Xero
Accounts Bookkeeping Business tips Software VAT Xero
“We have used Northern Accountants for over 5 years now and we are very happy with the service we receive. The team are very responsive and the advice we receive is invaluable. If you are a forward-thinking modern business you need a forward-thinking modern accountant and Northern Accountants are exactly that!”
Think Cloud Ltd.
Stay up to date
Sign up to our newsletter and we’ll keep you updated with the best tax, financial, and business
information to help your business grow.