Shipleys LLP

Chartered Accountants and Professional Business Advisers

How much will it cost?

 

 

Every business is different, and we will gladly let you have a quote, but the following examples are useful indicators.

If we take over the majority of the work involved:

 

Small Business

Medium Business

Turnover

£200k£1.5m

Sales invoices per month

1030

Purchase invoices per month

1030

Bank transactions per month

30100

Employees

530
Monthly estimate

£750

£1,500

These ongoing costs include:

  • Book keeping
  • Statutory accounts
  • Corporation tax returns
  • VAT
  • Payroll
  • Company Secretarial
  • Management Reporting

If you retain responsibility for keeping the records but want to move to a cloud based xero, our initial one-off set up costs (covering basic training for you or your staff and getting the bank link set up and basic invoice templates) are likely to be from £500 to about £1,000. The annual cost to access the software, including updates etc so that you are always on the latest version is typically between £250 and £500.

If you would like to find out how much a cloud accounting package would cost, please let us know about your business turnover, employees and transactions and we will contact you to discuss a quote.

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