All too often we see business owners “in the dark” in
terms of useable and timely financial information to support them in running
their business. This is often because there is a gap between their bookkeeping
and their annual accounts.
The level to which your bookkeeper takes your records too
may still not represent the full picture of your Company position at any given
time. Presenting a Profit & Loss account and Balance Sheet from accounting
software once invoices have been posted and bank reconciliation is complete
will not give you management accounts.
Annual accounts are often prepared several months after
the trading year has ended, are generally not in a user friendly format and
often have tax planning adjustments outside of your trading position. Whilst
the underlying content can provide valuable insight into performance, the
timing, presentation and summary nature do not normally benefit operational decision
making on an ongoing basis.
Henkenex have worked in commercial environments, led
finance teams, worked in accounts departments and been Finance Directors and
Financial Controllers. As management accountants we know how good information
increases control and informs decision making.
We are here to bridge the gap, and provide you with the financial
information you need to improve your business.
