Our team of experts provide range of services to UK, Ireland, and Europe based accountants and businesses. Our services include:
- Bookkeeping and VAT
- Year End Accounting
- Personal and Corporate Tax
- Payroll
With a team of Certified and experienced professionals, Planetary Accounting provides one of the best bookkeeping and accountancy outsourced services. Our bookkeeping services, VAT services, Yearend Accounting and Payroll include:
- Asset’s ledger maintenance
- General ledger maintenance
- Expense ledger maintenance
- Accounts receivable
- Accounts payable
- Payroll reconciliations
- Bank account reconciliation
- Preparing ageing reports & summaries
- Standard Accounting VAT preparation
- Annual accounting VAT preparation
- Cash accounting VAT preparation
- Flat Rate Schemes VAT preparation
- VAT moss Scheme VAT preparation
- EU VAT Rules etc. VAT services
- Preparing financial statements from client’s books/software
- Journal adjustments
- General ledger Verification
- Reconciliation of assets and liabilities
- Analytical review and variance analysis
- Suggestions / feedback for improvement of bookkeeping by client
- Preparation of cross-referenced working paper files
- Preparation of excel schedules and workings to support financial statements
- PAYE scheme registration/de-registration, employer set up in software, adding employees in the company
- Calculating gross wages, Top Up, Holiday pay (including recovery of overpaid holiday pay deduction) etc.
- Creating and maintaining employee records within a payroll administration system
- Carrying out PAYE and NI calculations and deductions (including SSP and SMP/SPP deductions)
- Preparation of leaver P45s or joiners P45/P46 or student P38s form PAYE monthly/quarterly payment reminder
- Producing pay slips, management information & reports
- Preparing the management reports department wise and cost center wise
- Completion of the year end submission and issuing P14’s/P60’s/wages reconciliation
- Changing the status of the employees (if needed)
- RTI (FPS/EPS) submissions on the monthly basis
- Direct filing to HMRC or sent to the client (case to case basis)
Our team has expertise on various software. They are very proficient in using accounting software to serve the client at best level.