Covid-19 (Coronavirus) Update

Coronavirus is having a huge impact on all sectors of business. Despite this, businesses are still having to manage their books, file VAT returns, run payrolls and most importantly their credit control processes. TFMC is continuing to provide our full range of services through this difficult time. For the latest information and support visit our Blog section or use our app with regular updates sent direct to your phone.

Hospitality Bookkeeping & Accounting Services

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At The Financial Management Centre we can provide a full accountancy, bookkeeping and payroll service your business….

Managing your business’ finances can be very time consuming and very confusing. It is essential you need understand your profit margins and what the driving force behind profits is in addition to identifying things that are causing losses. You need to know and focus on the key areas of your business to encourage growth.

Everyone is looking to reduce outgoings and increase sales. Having poor financial systems that are not configured correctly to give the specific information you need to run your business can make identifying the pitfalls and opportunities difficult.

You may need help reviewing your control systems and setting up new ones. Your cash flow may be tight and a hand to manage your working capital could free additional funds. You may want to grow your business but you need assistance to make a good case to money lenders.

OUR HOSPITALITY SOLUTIONS INCLUDE:

  • Module services so you can select only what you require
  • Flat fees – you will know exactly how much you are paying
  • An on or off-site contact that understands you and your business

SERVICES WE OFFER:

  • Bookkeeping
  • Payment runs – full review and load to bank
  • Payroll and HR services
  • Cash Management procedure setup and maintenance
  • Controls System Review and new system design and implementation
  • Compliance assistance
  • Management reports, KPIs and Benchmarking – weekly and / or monthly
  • Financial system reviews and setup
  • Latest technology and cloud based solutions
  • Credit Control services

WE SUPPORT MANY BUSINESSES IN THE HOSPITALITY SECTOR WHICH INCLUDE:

  • Golf/Social/Sports clubs
  • Hotels
  • Restaurants
  • Pubs/Clubs
  • Events companies
  • Banqueting venues
  • Conference centres
  • Takeaways/Fast food outlets

Here at the Financial Management Centre we have a wealth of knowledge and experience. We can help you expand your business and help it become more successful.