Virtual Financial Controller Services: Your Trusted Partner

In today’s fast-paced business environment, managing finances efficiently is crucial. So, it is important that your accountant provides services suited to today’s world. Therefore, at Lewis Brownlee, we have designed our Virtual Financial Controller (VFC) services to provide comprehensive financial management support ensuring your business stays on track.

And, of course, while doing so, we are still committed to offering what we call our Quest! That is, quality, enthusiasm, smart working and team work that help your business succeed.

So, without much further ado, here is the low down on our VFC offering!

What We Offer

Our VFC services cover a wide range of day-to-day accounting tasks essential for maintaining smooth financial operations. These include:

• Processing Regular Payment Runs: Ensuring suppliers are paid on time to maintain good business relationships and avoid disruptions.
• Monthly Bookkeeping: Keeping accurate records of all financial transactions, which is vital for informed decision-making.
• Payroll Processing: Managing payroll to ensure employees are paid correctly and on time.
• Preparation and Submission of Quarterly VAT Returns: Ensuring compliance with tax regulations and avoiding penalties.
• Cashflow Management: Monitoring and managing cash flow to ensure your business can meet its financial obligations.

Year-End Accounting

Also, our VFC’s can naturally get involved with year-end accounting. These services are designed to ensure compliance and accuracy in your financial reporting. Consequently, we handle both:

• Annual Statutory Accounts Preparation: Preparing accounts in accordance with regulatory requirements.
  and:
• Annual iXBRL Accounts Preparation for HMRC Filing: Ensuring your accounts are correctly tagged and submitted electronically.

Initial Set-Up with Xero

We prefer using Xero, a leading cloud-based accounting software that offers unlimited user access from any location. So, our initial set-up services include:

• Customising Xero: Tailoring the software to meet your specific needs, including setting up the chart of accounts and management reporting requirements.
• Bank Account Integration: Connecting Xero directly to your business bank account for automatic transaction imports and easy reconciliation.
• Add-On App Integration: Considering additional applications like Dext for purchase invoices, stock management, and cash flow tools to enhance functionality.

How We Can Help

Our team is dedicated to ensuring your financial operations run smoothly. So, we offer tailored solutions and hands-on support to meet your unique needs. By choosing our Virtual Financial Controller services, you gain a reliable partner focused solely on your success. Basically, you can secure access to the high-calibre financial nous you need, but at a fraction of the cost of a full-time employee. Resultantly, a Virtual Financial Controller can be an attractive proposition as well as a fantastic opportunity for business growth and profitability.

In short…

With our Virtual Financial Controller services, Lewis Brownlee becomes more than just an adviser – we become your partner in achieving financial efficiency and success. So, please do contact us today to learn how we can support your business and partner in your success!