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As a small business owner, you’re probably keeping a close eye on every cent you spend. You need to have a good eye on your income and expenses to manage your cashflow, so that’s a good thing. However, it might mean that you are wasting time micro-managing your finances and not hiring people to help give your business a boost. Hiring a bookkeeper can be a great investment fro any small business.

What Does a Bookkeeper Do?

A Certified Bookkeeper will take care of your daily business financial management. They’ll make sure your books are up to date, balanced and reliable so they can support the best possible decision making. They’ll manage your invoicing (accounts receivable), track your receipts and general expenditure and reconcile your accounts payable.

All of the frustrating daily and weekly financial tasks that you hate or that just sucks up half your day, they love doing. Not only do they love that work, they are likely a lot faster and more efficient at doing it than you are.

Hiring a Bookkeeper Saves You Time

Unless you’re a bookkeeping whizz and love those debits and credits, you might find your bookkeeping to be a headache-inducing waste of time. Chances are, you’ll put off your bookkeeping until its a massive chore. This means it takes up more time and you like it even less. Even if you do enjoy it, doing this day-to-day book work is dragging you away from the parts of your business where you should be focusing your energy and passion. Your time is valuable. You’re much better investing your time in value-adding activities like sales, networking and marketing your business.

The time you spend trying to understand your financials could be better spent on tasks you’re good at. A Certified Bookkeeper will be more efficient than you, they won’t spend all day reconciling bank accounts and attaching invoices and receipts. They’ll have it done in minutes. They won’t have as many errors and overall, they will save you a mountain of stress.

Your time, and your sanity, are worth investing in a Certified Bookkeeper.

A Bookkeeper is on Top of Your Cashflow

Hiring a bookkeeper means that you’ll always have someone with an eye on your cashflow.

They’ll help you get paid. Many small business owners have a hundred things to get on and do. It’s easy for things like invoicing and accounts receivable t fall down the list. It is essential to your business survival that you send out invoices as soon as possible. It is equally as important to follow up with late payers to see what’s going on. These are harassing calls, just a friendly, personal reminder that the invoice is outstanding and due for payment. You might feel bad doing this, which is why its the perfect task for your friendly, professional bookkeeper.

Your bookkeeper will also ensure that you don’t end up getting any of those calls from your creditors. They’ll ensure that your bills are paid on time.

Id there any better investment in your business than one that makes sure you’ve always got cash flowing and money in the bank?

Hiring a Bookkeeper Prevents Costly Errors

A Certified Bookkeeper knows their stuff. They are committed to professional excellence and undergo ongoing professional development to make them experts in their field. They won’t make the same mistakes that you’ll make, either because you’re rushed or because you haven’t got around to reading the latest 53 page IRD tax bulletin.

Some mistakes might seem small and insignificant at first. However, data entry errors, mixing up expenses and mis-claiming GST, can all quickly add up. These mistakes cost you more time and more money.

If you are doing your bookkeeping and then relying on your accountant to clean things up a year-end, you’re burning money. What you are doing is then getting your accountant to be your bookkeeper, at accountant’s hourly rates! It also takes a lot longer to unpick and re-reconcile transactions that happened months or even years ago.

At the worst end of the scale, consistent mistakes, even little ones, could flag you for an IRD audit. An audit can cost thousands to resolve, and that’s even if things are nice and tidy!

It’s best, and cheapest, to get it right from day one. Get in an expert to keep your books in order.

Certified Bookkeepers are Experts

Are you up to date on every movement in tax law? Do you understand how small changes to the rules effect your business? A Certified Bookkeeper is. They can advise you about any changes that are coming that may impact on your business and can offer insight into how to prepare and minimise any impact or maximise any benefit.

Hiring a bookkeeper can also provide you with insight into your company’s financial position. If you’re short on cash, overspending in certain areas or struggling to collect accounts receivable, your bookkeeper will tell you. They can also work with you to help remedy these issues. If there is something you don’t understand about your business finances, your bookkeeper can help to explain it to you. Because they are slightly more human than accountants, they can even explain it all in plain English, not accountantese. So your business financials will never be a mystery again.

Hiring a Bookkeeper is an Investment in Your Business

With a Certified Bookkeeper on board, you can sleep easy knowing your business books are in the hands of a professional.

Not all bookkeepers are created equal. At MBP, all of our bookkeepers are trained professionals and are Certified Bookkeepers with the Institute of Certified New Zealand Bookkeepers (ICNZB). The ICNZB ensure that they are professionally competent and that they uphold the highest standards of continuing professional development and ethics. And the best part, our Ceritfied Bookkeepers are about half the cost of an accountant, so you get exceptional value from your investment.

Want some help with your bookkeeping? Get in touch with the team of Certified Bookkeepers at MBP, or book in a chat with us today.

The process to apply for the Covid-19 Wage Subsidy is pretty straight-forward and the turn around in payment has been very quick. We initially fielded hundreds of queries about the application process and having dealt with these are now receiving queries about how to reconcile the payments. If you use MBP for you bookkeeping, rest assured, your MBP Business Support Administrator or Advisor will deal with all the details of this for you. If you are handling your bookkeeping yourself, we have set up this hand guide to help you out and answer a few of the most common questions we get asked. If you have any queries, please don’t hesitate to get in touch with the team.

What is the COVID-19 Wage Subsidy?

Understanding what the wage subsidy is, helps to inform you how it should be treated in your accounting system and in your tax returns to Inland Revenue.

For employers, the wage subsidy is a lump sum payment that helps you to pay the regular wages and salaries to your employees over the 12 week contracted period you agreed to in the declaration. As it has been defined by the government as exempt income, the income is not declarable and the associated wage and salary expense is not a deductible expense. The easiest way to think about it for employers is that the wage subsidy is a wage expense offset.

For contractors and the self-employed, it is a lump sum payment received to help ease the loss of income for you over the 12 week period outlined in the application declaration. The easiest way to think about it for self-employed people is that it is an income replacement.

Reconciling the COVID-19 Wage Subsidy in Your Accounting System

Reconciling and accounting for the wage subsidy is an simple three step process. First, you’ll need to set up some new Chart of Accounts codes to record the lump sum and the weekly income/ expense offset. Secondly, you’ll need to allocate the lump sum to the right place. Lastly, you’ll need to account for the weekly amount of the subsidy ‘earned’ or used to help you pay wages.

Setting Up New Chart of Account Codes

You’ll need at least two new account codes to nicely keep track of the subsidy and its associated income or wage expense offset. These accounts are:

  • Current Liability style account, called something like ‘COVID-19 Wage Subsidy’, No GST. For the lump sum you receive.
  • Other Income style account, ‘COVID-19 Subsidy’, No GST. For the declarable income replacement or the wage expense offset.

If you have both regular and shareholder employees, you’ll need a separate ‘other income’ style account to offset the wages of each different class of employee as the expenses are declared in separate line items of the financial statements.

For the self-employed, it’s possible that your Chart of Accounts already has an account called something like ‘Unearned Income’ as a current liability and an account called either ‘Sundry Income’ or ‘Other Income’. You can use these existing accounts if you are not confident with adding new accounts into your accounting system.

Reconciling the Lump Sum Payment Received

The lump sum should be reconciled to the current liability account. This is because you will be using the subsidy over a 12 week period that likely spans two financial years. The part that you have not yet used to help pay your staff or that you have not yet ‘earned’ as other income is a liability you’d otherwise be required to pay back to MSD if you decided to fire all your staff or shut down your self-employment business.

Accounting for the Use of the Wage Subsidy

For employers, you’ll need to journal the amount of the wage subsidy you are using each week to help you pay your staff across from the current liability and into the wage offset account set up as an other income style of account. For example, if your weekly payroll for all staff is $4,675.00, debit the current liability by that amount and credit the other income account by that same amount. You do not need to consume the subsidy evenly over 12 weeks. You simply need to commit to your best efforts to keep all the staff you claimed for employed for at least 12 weeks. That may mean that you can use the subsidy to cover a highly paid pool of staff for 6 weeks or a lower paid pool of staff for 13 or more weeks. It all depends on the make-up of your staff pool and the needs of your business.

For the self employed, you’ll need to set up a recurring journal to allocate the weekly amount of the subsidy that you have ‘earned’ as replacement income. This will just be a simple process of setting up a recurring journal that Debits the current liability account you’ve created and Credits the other income account for the weekly amount of either 585.80 or 350.00 depending on which level of subsidy you claimed. Remember that these journals should have no GST but that the income is taxable to you once it hits that other income account. This is why its important to declare it with these weekly journals rather than in a single lump sum.

This process helps to establish an audit trail that will show any MSD auditor when you used the subsidy and just what you used it for.

Paying Your Staff with the Wage Subsidy

The wage subsidy does not change any employment law or alter your contracts with your staff.

Your staff should be paid as normal, or paid as you have agreed in writing with them to be paid, during the lock-down and beyond. If you need to agree updated terms of employment with your employees, reach out to the team at MBP. Our team of HR advisors can advise you on your options, draft the appropriate documentation and help you to communicate with your employees.

The wage subsidy simply provides you with the cash you need to keep paying your staff normally while your business activity is constrained due to COVID-19. If you wouldn’t change your payroll processes for using an overdraft to pay your employees, you wouldn’t change it for any other form of funding, like the subsidy.

The only time that the COVID-19 Wage Subsidy should be referenced in your payroll system or on your employee’s payslips is if you have no choice but to pay your employees nothing but the amount of the wage subsidy. In circumstances where a business can not afford to pay their staff at all, they are able to claim the subsidy and pay their staff by passing on the value of the subsidy and nothing more. In this instance, the employee is not being paid regular earnings and so adjustments to payroll will need to be made. Many cloud-based payroll systems have rolled out new default pay items to their systems to make this process easier. However, some have done a better job of it than others. Please double check everything and if you are in doubt, reach out to the team at MBP for some help.

Potential Implications of Taking Short-cuts

A lot of people doing their own bookkeeping (and even some lazy bookkeepers) may be tempted to take shortcuts and not reconcile and account for the subsidy correctly. This may seem harmless at first but can have a lot of unintended consequences.

For employers, receiving the lump sum in a single tax year when the subsidy period covers two tax years will throw off your payroll reconciliation. It will artificially lower your wage expense in one year and inflate your declared out of pocket cost in another. This has potential implications for your tax position as well as your ability to get financing in future.

For the self-employed, declaring the lump sum in a single tax year instead of spreading it over the full 12 week time-frame may inflate your taxable earning more than necessary in one year. This could have a considerable impact on things like Working for Families Tax Credits. So there is a chance that by incorrectly declaring the subsidy you could be losing thousands in additional tax credits.

Is the COVID-19 Wage Subsidy Taxable Income?

There is a lot of talk about the COVID-19 Wage Subsidy being non-taxable. However, this can be confusing and misleading unless you understand the subtle differences between things like non-taxable, excluded and exempt income.

GST on the Wage Subsidy

The COVID-19 Wage Subsidy is exempt from GST.

Make sure there is no GST on any of the codes you’ve created to record the subsidy.

Income Tax on the Wage Subsidy

The COVID-19 Wage subsidy is taxable in the hand of the end recipient.

For employers, this means that the subsidy is taxable in the hand of the employees you pay using the subsidy funding (through their regular PAYE deductions).

For the self-employed, as you are the end recipient, the subsidy is declarable as income for you and will inflate your taxable profit. Ensuring that you properly follow the reconciliation process above will make sure you don’t over declare your income in any tax year covered by the subsidy.

If you have any other queries or would like to discuss any specific query with the wage subsidy, reach out to the team at MBP. You can book a free 30 minute slot to discuss any issue have here.

 

This advice is general in nature and should not be relied on as a recommendation. Every situation is unique and requires tailored advice. Get in touch for a free consultation by clicking here, emailing mailbox@mbponline.co.nz or call us free on 0800 86 85 86.

Want to reduce some of your business admin burden but not sure where to start? Here is our list of the Top 10 things we think you can outsource to get started.

1. Outsource Your Payroll

Nothing makes your staff angrier than not being paid properly. Payroll is a lot more complex than just paying your staff their hourly rates or salaries. The Holidays Act is the bane of many businesses, large and small. Its a part of your business that needs good systems and great, highly skilled people so that your business can avoid the bad publicity and expense that comes with screwing it up.

A Certified Bookkeeper or member of the Payroll Practitioners Association are your best options when looking for an expert to help you get your payroll sorted.

2. Outsource Your GST Returns

GST Return processing is a regular and time consuming process. It is also a very easy thing to outsource if you are new to outsourcing. Get in touch with a Certified Bookkeeper and use their expertise to help ease the burden of regular GST compliance.

It is important to use a Certified Bookkeeper or Tax Agent to ensure you don’t create more headaches for yourself in future.

3. Outsource Your Accounts Receivable Management

Cash is king. From drafting quotes to reconciling payment, your accounts receivable process is the core of your business cashflow and will make or break your business. If you don’t have an accounts receivable process, you really need one. Outsourcing the process to an expert can be a great way to get an effective process in place.

Outsourcing your accounts receivable management can help to streamline the process and make sure you keep on top of your debtors. Working with a bookkeeper on your accounts receivable process will help you with:

  • Drafting quotes to potential customers,
  • Managing deposits for jobs,
  • Raising interim and final invoices,
  • Managing debtors and chasing late payments.

Outsourced to a professional, a proper accounts receivable process will help you to keep the cash rolling in while you focus on serving your customers and doing the things you love.

4. Outsource Your Accounts Payable Management

Keeping on top of all of your accounts payable can be a bit of a mission. You don’t want the accounts departments of your suppliers to be getting in touch with you all the time, its just not good business.

Most business owners seem to fall into one of two categories with their payables. You either avoid them and pay them in big batches once a month, or you pay them as soon as they come in. Neither option is desirable and both are bad for cashflow in different ways.

The best approach with your payables is to simply pay them when they are due. You expect your invoices to be paid on your terms. You should pay your suppliers bills on their terms.

Follow a simple process:

  • Review each bill you receive for accuracy and payment terms.
  • Record the bills as you review them into your accounting system.
  • Plan payment dates and set up batches in advance.
  • Set a certain day each week to process batch payments.
  • Send a remittance after making payment.
  • Allocate and reconcile payments in a timely manner.

5. Outsource Your Software Implementation

Software is a great tool to improve your business efficiency. However, for the automation that software offers to have the best benefit, it has to be implemented properly. Unless you’re an IT and implementation expert, it may be best to get someone in to help walk you through the process and make sure it goes off without a hitch.

There are a number of tech savvy professionals that you can use to help you select and implement software solutions. Selecting the right solutions is the first important step. Implementing properly is the make-or-break step. The overall change management process will also be able to overseen by the implementation team. Effective change management can help to avoid issues with your team having to learn new systems and processes.

Implementation experts are also going to be able to train you and your team on the software your are putting in place. Their end to end solutions will help to make what can be a nightmare into a smooth process that boosts your bottom line.

6. Outsource Your Email Management

More and more communication is happening electronically. Getting some help with your emails can help to free up a lot of your day.

A virtual assistant can help to manage your emails, delete spam and filter out the most important communications that require your attention. This means that when you jump into your emails, you’ll only have to deal with the most important communications form customers and suppliers.

7. Outsource Your Marketing Management

Marketing is the life blood of your business. Even successful and established businesses need to undertake at least some marketing to maintain their market position. If you are looking to grow, marketing is even more important.

The marketing activities you can outsource vary from your graphic design through to your Google Adwords management and everything in between.

Get in touch with a few suppliers of these services. It’s important that you find someone who thoroughly understands your business so that they can easily and seamlessly communicate with your target market and have the greatest benefit to you.

8. Outsource Your Social Media Management

Social media is a total time-suck. An hour can disappear in the blink of an eye. This is what makes it a really good task to outsource to a professional.

Getting a professional to handle your social media can help you to avoid the time-suck. You’ll be able to keep up regular posting, engage with your customers and deal with everyone in a personal manner, all while focusing fully on your business.

9. Outsource Your Copywriting

Getting a professional to handle your copywriting can be a real benefit. From SEO to blogs and proofreading, a professional copywriter can have a number of benefits to your business. They will also free up a lot of time for you to focus on value adding activities in your business.

We recommend you get in touch with the team at Spotty Lizard to have a chat about your copywriting needs.

10. Outsource Your Cleaning

Cleaning is one of the main things we recommend business owners outsource. Its a great way to relieve a weight off your shoulders by getting rid of a task you probably hate. Its an outsourced activity that has a great benefit to you personally and professionally as its something that wastes a lot of time and energy and is something that almost no one enjoys doing. The added benefit is that office cleaning is fully deductible for tax purposes while getting your home cleaned can be a part of your use of home claim if you work from home.

It doesn’t have to be business related tasks that you outsource. Anything that helps to make your life easier will free you up to focus on your business and the things you actually enjoy doing.

If you are keen to discuss the things you could outsource in your business or life, have a chat with an MBP Business Support Advisor.

A business is only successful when it has the best people, processes and data. Without accurate, reliable data, a business has no solid base on which to make any informed decisions regarding sales, marketing or people. This is why making a decision to outsource your bookkeeping can be a beneficial and profitable thing to do.

Accurate Data Relies on Accurate Bookkeeping

Bookkeeping is so much more than just running invoices and clicking ‘OK’ to reconcile transactions. Many business owners like to do their bookkeeping themselves, they often shouldn’t. Most business owners are no more expert at their bookkeeping than an accountant or bookkeeper is at building a house or fixing a car.

Bookkeeping feels easy. It feels like you’ve got your hands on your business finances. It feels like you’re saving money by doing it yourself.

In our experience, it’s best to outsource your bookkeeping to an expert.

Why You Need to Outsource Your Bookkeeping to an Expert

Better Data, Better Decisions

Bad bookkeeping leads to bad data. When you are looking to make informed decisions for your business, you need the best data possible. When you make decisions based bad data, you make bad decisions.

Outsourcing Your Bookkeeping is Cheaper than DIY

Yes, you have to pay for bookkeeping. However, a Certified Bookkeeper is quicker than you. This means far fewer hours spent by outsourcing your bookkeeping. You can then better invest your time in the activities that you love and that increase your turnover and profitability.

Expertly Implemented Automation can Streamline Your Business

When set up properly, there is a lot of great modern tech solutions that can help to automate your bookkeeping and streamline your business. An expert bookkeeper can help to highlight solutions that can best work for your business and implement them properly to automate parts of your business. Automation drives accuracy and helps to keep your data up to date.

Your Outsourcing Bookkeeping Questions Answered

Surely my software does my bookkeeping for me?

Software like Xero is an awesome tool for bookkeeping. But that is all it is, a tool. Bookkeeping (and accounting) is a lot easier with the use of tools like Xero. However, there is still a real need for quality control and insights from experts.

Software can be a dangerous and messy trap for DIY Bookkeepers. The ‘OK’ button in Xero, for example, can be addictive and misleadingly easy. Just because the ‘OK’ button has popped up doesn’t mean that the suggestions that the software is making are correct. Modern accounting software has good and improving AI ability to learn. However, it learns from its users so it and its suggestions are only ever as good as its users. If the users are making errors, the software will suggest that you continue making these same errors. This saves you time but compounds your errors and can create quite an expensive mess to clean up.

How can outsourcing my bookkeeping be cheaper than doing it myself?

It might seem impossible that paying someone else can actually be cheaper than doing your bookkeeping yourself. An expert, Certified Bookkeeper can often actually save you both time and money while boosting your bottom line.

Your time is one of the most important assets you have. Your time is best spent being invested on productive, value adding activities. Bookkeeping is not a good use of your time. A Certified Bookkeeper is going to be a lot quicker than you, meaning a fraction of the time it takes you to do the same tasks.

Let’s run some numbers. In 2019, the average salary in New Zealand was around $76,397.00. This translates to about $39.00 an hour. As a business owner you should be aiming to be above average to compensate you for the added risk of being self employed, but lets stick with the average. We find that a professional bookkeeper is capable of processing data two to three times faster than a DIY bookkeeper and with no errors. This highlights an average DIY time cost of $97.50 for each hour of professional bookkeeping time. The errors that DIY bookkeepers often make are generally fixed by accountants at end of year at accountants rates. If we assume three hours of accountant clean-up per year, this is likely to be around $345.00 at least.

Most small business owners can save at least 20 hours of admin time a month by outsourcing their bookkeeping. This equates to $808.75 a month in average DIY cost per month. If the work is then done on average 2.5x faster by a Certified Bookkeeper then the cost of outsourcing is likely to be roughly $520.00 a month, plus gst. This equates to savings of at least $288.75 per month, or $3,465.00 per year.

These savings can be even greater with MBP. Our bookkeeping service pricing decreases the longer the work takes us. Our entry-level plan to outsource your bookkeeping can help you to save an extra $80.00 a month plus gst.

The added value from having quality, reliable data to make informed decisions is priceless.

Why would a bookkeeper do themselves out of a job by automating my business admin?

Some don’t. You shouldn’t be working with these bookkeepers. It is important that you are working with a tech savvy bookkeeper who can advise and leverage technology to streamline your business.

It is also important that your bookkeeper is able to comprehend your overall business strategy. With this understanding, they will be able to best advise on the solutions to best automate your admin and free up your time to move towards your goals quicker.

What is automation?

Modern software like Hubdoc, Zapier, Receipt Stash, Fergus, and many others can make manual data entry a thing of the past. This saves you time, money and improves the accuracy and reliability of your data. These software solutions are like your silent assistants, working quietly for you 24/7. They help to keep your business books tidy and up to date and streamline the processes for your bookkeeper.

In order to benefit from automation, you need to select the right solutions and implement them properly. An expert MBP Business Support Advisor will be able to help you identify and implement the right solutions for you. No solution is set-and-forget.

Outsource Your Bookkeeping for Better Data and Reliable, Accurate Bookkeeping

To find out more about the benefits of outsourcing your bookkeeping to an expert, get in touch with the expert ICNZB Certified Bookkeepers at MBP. The great thing about working with MBP is that the longer it takes us, the less you pay. We therefore have a vested interest in working for you in the best, quickest way possible. Our fixed price bookkeeping packages start from just 45 an hour plus gst.

One of our Business Support Advisors will be in touch with you for a free consultation. They will review your business processes and identify activities you can outsource to boost your bottom line. They will also look for opportunities to automate processes using leading technology solutions. Click here to book in a chat with an advisor at a time that is convenient for you.

The New Year is a time for setting goals and targets for the months head. Its also the best time to make sure you have the best people on your team to help you achieve those goals and targets. That makes it a great time to look for a new accountant.

Your accountant is one of the most important people on your team. They might not be the first person you’d consider. However, a having an approachable, proactive accountant can be the difference between success and failure.

When is it Time to Consider a New Accountant?

Any time is a good time to look at your options. Whether you want better results, better service or better value for money, its always a good time to look for your best fit.

If you aren’t happy with the services provided, don’t feel your treated properly or are not getting value for money, its definitely time to switch. No matter what time of year it is.

Take the Time to Find the Right New Accountant

Regardless of how long you’ve been with your current accountant, a new accountant could be the perfect match for you. Not all accountants are created equal and every single business is different. To get the best value from the relationship between you and your accountant, you have to be a good match.

For example, at MBP, we have a set of unwritten ‘clubhouse rules’. These aren’t anything hard and fast but are a way for us to get to quickly understand how a new business will partner with us. We use the term partner instead of client because its far more appropriate. We consider all of our clients to be our MBP Business Partners. As such, they get the best partner level service, direct access to the team and generous discounts on business products and services. If we don’t think a business will fit in comfortably or won’t be a good fit, we’ll refer them to another firm in our network who we think will be a better match.

Should You Look for a New Accountant with Fixed Fees?

Fixed fee accounting is a great way to ensure that you get everything you need at a price you’re willing to pay. Its also really easy on cash flow as you don’t get stung with any huge bills. The smaller monthly payments make cash flow management a breeze.

Fixed fees, no surprises.

At MBP, we have a range of fixed price packages built for every business. From sole traders to rental property investments, end of year essentials to monthly management reports, we have every solution you need at a fixed fee.

A Proactive New Accountant Will Highlight Potential Issues

Time seems to pass faster than ever in the modern world and in business it seems to fly even faster. Gone are the days when you can afford to only see your accountant once a year to discuss things that happened months ago. To not only stay ahead of the competition but to maintain your financial position in the face of increase competition, you need a proactive accountant.

A proactive accountant doesn’t just sit back and wait. They get stuck into your books throughout the year. At least bi-monthly they will review how things are tracking, and if anything jumps out to them as an issue. This gives you an invaluable opportunity to benefit from outside eyes looking in, holding you accountable and giving you any necessary nudges..

Often, business owners get stuck in the day to day. With a proactive new accountant, that isn’t an issue. You can get stuck into doing what you love while they focus on making sure the big picture is still working.

Is it Difficult To Shift to a New Accountant?

Moving to a new accountant is as easy as having a cup of coffee. In fact, you can sit there and have a cup of coffee while we get it all sorted. The team at MBP do all the heavy lifting, including handling the divorce with your old accountant.

You won’t notice any interruptions and before you know it, you’ll be all moved in with your new accountant and their team.

Make The Move To Modern Accounting With MBP

The team at MBP aren’t your old accountants. We don’t just meet with you once a year, we’re there by you all year long, through it all. With fixed price packages and unlimited communication, you never have to be afraid of getting a bill for a simple phone call or a quick query over email. Our team are here to support you and your business on your path to success.

We leverage the power of the best accounting software and tools available to streamline our services. This means we invest more time in dealing with our clients direct. Unlike old firms, we’re able to give you timely monthly reports, KPI tracking and business coaching in real time.

If its time for a new accountant, get in touch with the team at MBP. We’ll schedule a proactive accounting meeting to see exactly what your needs are and how we can tailor our services to give you everything you need and nothing you don’t.