Manage your Accounting Practice in Business Central

Why?

· Do the end of month / end of year accounts for your individual contractors and small consulting organisations

· Your provide the system you can both work on: 3 new roles centre so that each party do their part: Consultant / Customer Super User / Accountant

· Putting Together: they bring their expenses, purchase invoice and time sheet. You Finalise their bank reconciliation, VAT, month end and year end.

· Flexible ways of working between what you do and what the customer does

· By providing the system, you are in control, you can scale the business.

· Retain customer in your system as their activity is growing by having a system that can grow with them.

How

· Manage Individual Contractors

· Manage small consulting firms

· Invoice from Time sheet and Projects

· Manage Expenses

· Manage vendor and customer contracts

· Month end processes: VAT, bank reconciliation, fixed assets, checks and balances

· Year end processes: Deferral, closing periods, checks and balances

Separation of duties

· Choose of does the day to day bookings: purchase invoices: by the customer, or they can just provide the files / scanned documents / dematerialised invoices

· Use incoming documents or vendor contracts or recurring journals or recurring purchases or assisted bank reconciliation to have the entries

· They provide what needs to be billed depending on time sheet / or contract or manual input

· Choose who finalise the sales invoice and who send it to the customer.

· You finalise the Bank reconciliation, VAT and other month end / year end activities.

Track Time Spent

· Based on the Time Sheet Module in Business Central

· Possible but not mandatory