Accountancy and Book-keeping
As Accountants we offer a full range of accountancy and tax services. These range from completion of annual accounts and tax returns (together with all relevant tax calculations), monthly or quarterly management accounts through to a full book-keeping service. Many businesses and organisations now outsource their entire accounting function, giving them freedom to focus on the day to day running of their business. MAS Associates 
Every business has it’s own unique style and our services are tailored to client’s specific requirements, ensuring you have the information needed to run your business.
Our professional, qualified, client specific service will ensure that you have access to relevant and timely information in order to make informed 
If outsourcing your bookkeeping function with MAS Associates you will benefit from a cost effective service, with no need to invest in expensive accounts software, maintenance contracts or hardware and no need to employ specialist staff, provide holiday/sickness cover or incur recruitment costs for staff replacements. Additionally as your business grows the accounting function will develop to meet the growing needs, without the need for you to recruit or train additional staff.
We use ‘state of the art’ software and reporting tools. Our tailored Accountancy & Book-keeping services include the following: Sales Ledger – Processing/producing sales invoices, aged debtors, statements and credit control; Purchase Ledger – Processing purchase invoices, reconciliation of supplier statements, aged creditors, payment of suppliers by cheque or BACS; Maintaining Nominal Ledger, including journal entry and calculation of prepayments and accruals; Maintaining Fixed Asset Register and depreciation calculations. Bank Reconciliation. Provision of Management Accounts, Profit & Loss Account and Balance Sheet. Cash Flow. VAT Returns. Statutory and Year-End Accounts preparation. Provision of bespoke/client specific reporting requirements. We leave you free to concentrate on running your business. Contact MAS Associates now to discuss your specific Accountancy and Book-keeping requirements.
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Important VAT Return filing changes
VAT returns for businesses with a turnover of at least £100,000 will need to be filed electronically for all VAT periods commencing on or after 1st April 2010.Businesses will need to enrol with HMRC for this and will need a computer with internet access. MAS Associates are pleased to provide an electronic filing service at no additional cost to our clients. Further details about the changes can be found on HMRC's website at http://www.hmrc.gov.uk/vat/vat-online/index.htm . For further information about our free electronic filing service call us on 01543 683631.
... MoreVAT Changes
The standard rate of VAT changes to 17.5% on 1st January 2010. The VAT fraction will revert to 7/47. There are also changes to reporting requirements for those businesses dealing with cross border transactions within the EEC. If you require assistance with making these changes please call us on 01543 683631. Further information can be obtained from the HMRC website by following these links: http://www.hmrc.gov.uk/vat/forms-rates/rates/rate-changes.htm for the standard rate change and http://www.hmrc.gov.uk/vat/cross-border-changes-2010.htm for the cross-border VAT changes.
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