Our Services

Service Summary

Nowadays, bookkeeping has become a routine task for every accounting firm. It involves a volume-based workload that includes data entry, transaction analysis, and reconciling bank transactions and VAT preparation.

Accounting firms can leverage NASR's outsourcing bookkeeping services to alleviate staff burdens, allowing them to delegate more advanced tasks and maximize their team's potential. Our dedicated bookkeeping team consists of experts in XERO, QuickBooks, and Excel, all of whom possess a strong understanding of VAT and Accounts.

What Services Will Our Team Deliver?

• Generating and inputting sales invoices
• Recording purchase invoices
• Entering debit and credit notes
• Processing and allocating bank payments
• Recording and allocating bank deposits
• Performing bank reconciliations
• Preparing VAT Returns
• Compiling VAT Summary Reports
• Filing VAT with HMRC

Team Requirements

• Sales, Purchase, and Expense Invoices
• Bank Statements
• Credit Card Statements
• Any other related documents

Service Summary

Accurate and resourceful management accounts are essential for business owners to make timely and informed decisions. Leveraging our expertise, we offer customized management accounting services tailored to each client's specific needs.

Our management team at NASR Outsourcing comprises skilled ACCAs, CAs, and financial experts dedicated to delivering perfection in our services. Emerging ACCA firms can benefit from our team’s experience and expertise by utilizing our distinguished outsourced accounting services.

What Services Will Our Team Deliver?

• Management accounts reports
• Cash flow Statements
• Balance sheets and Profit and Loss Accounts
• Prior year information for comparison
• Monthly/Quarterly Information regarding Sales, Purchase, Expenses, Bank statements
• Payroll Information
• Software Backup or Access

Service Summary

We handle both Company Tax Returns and Individual Returns, supported by our tax experts who ensure that we maximize all allowances and deductions to minimize our clients' tax liabilities.

We guarantee that all tax submissions are completed accurately and, with our proactive approach, we consistently meet all filing deadlines to help clients avoid penalties. During the busy January tax season, our firm provides full support to accountants handling self-assessment tax returns.

What Services Will Our Team Deliver?

• Tax return preparation
• Summary report for individual and corporate tax
• Online submission of tax returns to HMRC before the deadline
• Tax computation statement

Service Summary

We offer comprehensive payroll services for ACCA and accounting firms in the UK, equipped to manage complex payroll ecosystems.

Our team of experienced payroll experts specializes in navigating regulatory changes within the dynamic business landscape, ensuring compliance while mitigating potential risks and exposures.

What Services Will Our Team Deliver?

• Payslips
• Periodic Payroll Summary
• Employee Expense Reports
• P45 Form
• New Employee Starter Checklist
• P60 Form
• Pension and all Statutory Calculations
• Monthly RTI Submissions
• 24/7 Support Services

Service Summary

Accounting software cleanup refers to the process of reviewing, correcting, and optimizing the financial data and settings within an accounting software system. This involves identifying and fixing errors, removing duplicate entries, organizing the chart of accounts, and ensuring the software is properly configured.

The goal is to improve the accuracy, consistency, and reliability of the financial data, making the system more efficient and compliant with relevant regulations.

What Services Will Our Team Deliver?

• Data accuracy review and correction
• Duplicate entry identification and removal
• Chart of accounts restructuring
• Financial statement reconciliation
• Historical transaction cleanup
• Software configuration and optimization
• Integration with other systems
• Compliance audit and review

Team Requirements

• Duplicate transactions
• Unreconciled accounts
• Incorrectly categorized transactions
• Outdated or unused accounts
• Pending transactions
• Inaccurate financial statements
• Vendor and customer records

Service Summary

Outsourcing enables firms to accommodate more clients without the need for larger facilities, additional computers, or staff, while also avoiding hidden costs.

We prepare year-end accounts and tax returns, with the accounts preparation process tailored based on whether bookkeeping has been completed. We ensure that you receive a comprehensive set of accounts, including all schedules and financial statements.

What Services Will Our Team Deliver?

• Spreadsheet documentation
• Preliminary Trial Balance
• Complete set of ledgers
• Financial Statements and Income Statements
• Tax Computation

Team Requirements

• Financial statements from the previous year
• Tax returns from the prior year
• Software backup or access or data
• Current year data for account finalization
• All working papers for the firm from the previous year

Service Summary

Strategic financial guidance to help your business grow. We provide expert advice on business planning, forecasting, and process optimization.

Key Advantages

• Business Planning: Structured strategies to achieve long-term goals.
• Forecasting: Financial modeling for better decision making.
• Optimization: Streamlining processes for efficiency and cost reduction.

Software Overview

Zoho Books is a comprehensive, cloud-based accounting platform designed to streamline financial management for UK businesses. It offers a seamless integration of accounting, CRM, and inventory management, providing a unified view of your business health.

UK Compliance & MTD

Zoho Books is fully recognized by HMRC as an MTD-compliant solution, ensuring your business meets the latest regulatory requirements for VAT and Income Tax (MTD ITSA).

• Digital Record-Keeping: Maintain accurate digital logs of all income and expenses.
• Direct HMRC Filing: Submit VAT returns and quarterly income tax updates directly from the platform.
• MTD for Income Tax: Early access support for sole traders ahead of the 2026 mandate.
• UK-Specific Tax Rules: Handles UK VAT schemes, including Flat Rate and Cash Accounting.

Key Advantages

• Automated Bank Feeds: Effortless reconciliation with direct links to UK banks.
• Smart Expense Tracking: Auto-scan receipts and categorize expenses on the go.
• Global Business Ready: Multi-currency support with real-time exchange rates for UK exporters.
• Collaborative Platform: Securely share access with your NASR accountant for real-time advice.