Do you want to free up more time to focus on growing your business, secure in the knowledge that your bookkeeping and accounts are under control?
We will take care of all your day-to-day bookkeeping and accounts in real time, providing you with accurate up-to-date numbers that you can rely on. We reconcile and update bank accounts, sales, purchases and expenses on a daily basis to give you a real-time view of your cash, profit & loss and balance sheet.
Our experienced team will always be available to discuss any questions you have regarding your accounts and will be there to support you as your business grows.
Using our cloud accounting and bookkeeping services will ensure that you are ready for HMRC’s ‘Making Tax Digital’ initiative.
Being on top of your numbers is key to making informed business decisions.
You need to know today’s key numbers, not waste valuable time focusing on last year’s financials. Manual, error-prone spreadsheets can be replaced with access to real-time business intelligence.
We use best in class reporting software that automatically pulls the numbers from your accounts, delivering real-time information to you 24/7.
We can create a fully customisable dashboard showing your key financial and non-financial information, helping you to manage and grow your business. You can easily drill down into the detail of every transaction to fully understand how your business is performing.
You will be able to share important information securely and in real time with your team, board members, advisors and investors.
A fundamental part of building a thriving business is robust, insightful forecasting.
Our forecasting services can provide daily, weekly, monthly and quarterly views of your cash flow and other key information so you can anticipate your requirements and manage your business efficiently.
Our scenario planning allows you to test the potential outcomes of business decisions and build realistic action plans. If you are applying for a business loan, we can create a balance sheet, profit and loss and cash flow forecast to support your application.
If you want to know when your cash flow goes above or below a certain level or your gross profit is falling, we can create alerts to notify you of the key metrics and performance indicators that matter to you, enabling you to stay abreast of your performance. We can also create alerts based upon whether a specific event will be triggered, measuring actual performance against that predicted in your budgets or forecasts.
Our onboarding process is simple.
Switching to Bloom is easy. We take time to understand how your business works and your future plans.
Our experienced team will agree an implementation plan with you and carry out a seamless and hassle-free conversion that doesn't have to wait until your year end and there's no need to change your accountant.
If you are moving from an existing system and have a chart of accounts that you wish to retain, we can convert this for you. We can also convert historical balances so that you can always see how well your business is performing against historical trading information.
Our set up will future-proof your business and give you the peace of mind that you will be ready for HMRC’s ‘Making Tax Digital’ initiative.
Our automated processing of purchase invoices and expenses makes it easy for you to transfer information to us and removes the need for you to spend hours on data entry.
We will provide you with a mobile app to send us receipts and invoices whilst you and your team are on the road, or you can simply email them to us.
Transactions will be processed as soon as we receive them, so the faster you send us the information the more up-to-date your accounts will be.
We will securely save and digitally store all receipts and invoices so you will no longer need to worry about searching through and filing paper receipts.
We use Xero, the leading online accounting system to manage and automate your accounts.
Xero has been designed to allow businesses to work with their bookkeepers, accountants and staff in real time.
As part of our service we will provide your business with a subscription to Xero so that you can log in online anytime, anywhere on your Mac, PC, tablet or mobile and stay connected to your data and accounts in real time. If you are already using Xero, the cost of the subscription can be transferred to us. There's no software to install and we take care of the set up.
We utilise the best Xero apps to drive efficiencies in your business and improve cash flow.
We are Xero Certified Advisors and a Xero Silver Partner.
Our real-time bookkeeping services will ensure that your accounts are always reconciled and up-to-date, making the production of your year-end accounts quick and hassle-free.
Year-end audits are made simple as we digitally store all invoices and expense receipts and attach them to the corresponding transactions within Xero.
We can work with your accountant and provide them with remote access to review and/or audit the numbers if required, saving you both time and money.
We take away the worry and hassle of preparing and submitting VAT returns, allowing you to focus on what you do best.
Electronic copies of your invoices and expenses are stored within Xero to provide digital evidence and enable accurate tracking and reporting directly to HMRC – useful for VAT inspections, year-end audits and HMRC’s ‘Making Tax Digital’ initiative.
As we process transactions in real time you will always know your VAT position so avoid any nasty surprises when it's time to pay HMRC.
A comprehensive suite of services that make day-to-day accounting as easy as one-two-three!
Concentrate on running your business, confident that Bloom has the numbers covered...