Some rough guidance required please;
We complete the bookkeeping for a client with a turnover in the region of £500,000.
- The client supplies us with envelopes weekly containing all of the invoices he receives that week and his sales, and these are posted into our software, currently quarterly for his VAT return completion.
- In the last few weeks he has asked us to complete management accounts on a regular basis, P&L expense analysis, breakdown of income for comparison, %'s etc.
- In the previous year, the book keeping software had roughly 3,000 entries for the year.
- We produce his payroll for a small number of employees, say 10, SATR and year end adjustments and accounts and obviously deal with the Revenue and all compliance work on his behalf.
He is in the process of incorporating on our advice so will probably need a CT600 etc. going forward.
In what region would you expect the fee level for this type of job to be?
The client has told us that he is willing to pay £200 a month for this service.
Would you think you would struggle to complete that amount of work under those budget constraints?
Any advice would be appreciated.