Management accounts

Know what is making money, while there is time to act

Quarterly or monthly management accounts from your own Xero, with a meeting to talk them through. Figures you can steer by, not just file.

Who we help:Growing businessesOwners with a teamBusinesses with borrowingMulti-site operators

Your management pack

Profit and loss against budget

Balance sheet

Cash position and forecast

Key figures you choose

A meeting to talk it through

Growth from£450a month + VAT

Problems we solve

Sound familiar?

Annual accounts tell you how last year went. Management accounts tell you what to do next.

“I only find out how we did when the accounts arrive.”

How we help

Figures every month or quarter, within weeks of the period end rather than months after the year end.

“We’re busy, but I’m not sure we’re profitable.”

How we help

Margin by product, client or site, so you can see which parts of the business pay their way.

“The bank wants figures I don’t have.”

How we help

Up-to-date accounts and a forecast ready, so a lender can be answered in days.

“I get the numbers but don’t know what to do with them.”

How we help

A meeting each time to explain what has changed and what is worth acting on.

What we do

What’s in the pack

Prepared from your own ledger, so the figures agree with the year-end accounts.

The figures

Profit and loss, balance sheet and cash, compared with budget and last year.

Accruals and prepayments
Budget versus actual
Commentary on what changed

Your key measures

The handful of numbers that matter most to your business, tracked over time.

Margin by line or client
Debtor days and cash
Targets agreed with you

The conversation

A meeting to go through the pack and agree what to do next.

Monthly or quarterly
In person or online
Actions noted and followed up

Every month

The same rhythm, every period

The books are closed, the pack is issued and the meeting held on the same dates, so you can plan around it.

Week one

Books closed and reconciled

Week two

Management pack and commentary issued

Week two

Cash forecast refreshed

Week three

Meeting: what the numbers mean

How it works

What working with us looks like

A free first call

Twenty minutes on what you need and what is not working. If you don’t need us, we’ll say so.

Agree what matters

The measures and format that suit how you run the business.

A first pack

We tidy the records, set the budget and issue the first pack.

Then every period

Monthly or quarterly, with a meeting each time.

Packages

Where this sits in our packages

Quarterly management accounts come with Growth. For a monthly cycle with credit control and payment runs, look at Finance Partner.

Corefrom £100/moYear-end accounts, tax returns and filings done early.Core +from £250/moCore, plus bookkeeping and VAT kept current.Usually the right fitGrowthfrom £450/moManagement accounts and a meeting to talk them through.Finance Partnerfrom £850/moYour whole finance department on one monthly fee.

Compare what’s includedAll prices plus VAT

Questions

Common questions

Anything else, call us on 01242 226789.

Monthly or quarterly?

Quarterly suits most smaller businesses. Monthly makes sense once there is a team, borrowing or fast growth.

How soon after the month end?

Usually within two to three weeks, once the books are current.

Do we need a budget?

It helps. We can build one with you as part of getting started.

Can we see it as a dashboard?

Yes. We can add live Power BI reporting built from the same figures. See live reporting.

Next step

Start steering by the numbers

Tell us how the business is set up and we will suggest the right frequency and a fixed fee.

Phone — Mon–Fri, 9am–5.30pm

01242 226789

info@bpcpartners.co.uk

Switching from another accountant?

We handle the professional clearance and the handover.