Newmarket Solutions provide a suite of accounting services that can supplement or even supply the entire back office function for any business. You can select our services individually or in any combination to build your perfect solution.
Let Newmarket Solutions put you back in charge of your accounts department
Complete Outsourced Accounts
This combines all our accounting services in a single package, allowing you to concentrate on your core business while we take care of the back office essentials, ensuring everything runs smoothly for you
Management Accounts and reports
We will produce reports to your specific requirements, using your chosen performance indicators, delivered to you on a regular and timely basis
Project Accounting and Job Costing
We can analyse your work in progress, sales orders, purchase orders, prepayments, accruals and payroll by job or project.
Systems Analysis and Design
We can identify weaknesses within your accounting systems and develop and implement solutions to counteract this. Our experts are familiar with many off-the-shelf accounting systems
Bank Reconciliation
Our accountants will reconcile all your general ledger bank accounts with bank statements.
Accounts Receivable
We can generate your customer invoices and automated statements.
Accounts Payable
Our services include purchase order and invoice matching, BACS payments and supplier statement reconciliation.
General Ledger Maintenance
Our general ledger maintenance includes adjustments for prepayments, accruals, depreciation, payroll and balance sheet control account reconciliations.
Fixed Asset Management
Our services include fixed asset register maintenance, asset account review, depreciation calculation and identification of profit and loss on disposal.
VAT Returns
We can take care of your VAT registration, preparation and submission of returns, EU sales lists and Intrastat declarations..
Temporary Cover for Staff
We can supply experienced accounting staff to deal with periods of absence, sickness, maternity leave, etc within your business.
Why Outsource my Accounting?
More and more companies now recognise the advantages of outsourcing their accounting and related services, allowing you concentrate on your core business. Outsourcing your accounts to Newmarket Solutions ensures that accounting is easy for you and gives you the peace of mind from knowing that your accounts are maintained accurately, on time and in the most cost-effective manner.
Outsourcing will allow you save on the costs of recruiting and training staff, save on the hidden costs of employing staff (insurance, benefits, phones, computer hardware), etc.
Outsourcing your accounts will increase the security and confidentiality of your data. Your valuable data is stored off site. Our backup systems, IT policies and disaster recovery policy further ensure that your data is in the safest hands.
Why Newmarket Solutions?
Outsourcing with Newmarket Solutions saves you time, money and other valuable resources and takes the hassle out of accounts processing. Outsourcing with Newmarket Solutions will
- allow you to focus on what you do best - your business, not administering it.
- remove the onus of keeping up-to-date on ever-changing tax regulations and calculations – all our services are managed by staff with recognised accountancy qualifications, why not make this expertise available to your business
- eliminate the cost associated with accounts software and support – we supply all necessary licences
- give you piece of mind – all confidential material and documentation pertaining to your company's data is kept securely off-site on our secure server
How does Accountancy Outsourcing Work?
Newmarket Solutions will make accounts easy for you. Following on from an initial consultation, all you have to do is forward us the necessary data, sit back and leave the rest to us. We take care of everything for you from data entry to management accounts preparation
Why not contact us for a competitive price or to request more information