Bookkeeping & Accounting
Outsourced Finance Function
At Goodwille, we have various solutions to support the bookkeeping and ledger control of your UK operations. In order for the operation to work successfully, we will provide you with a dedicated Goodwille financial controller who will manage the finances for your entire UK operation, just like an inhouse controller would. If you have the knowledge & capacity inhouse, either in the UK or in another country, Goodwille can provide support with the more complicated areas (such as the submission of VAT or CIS returns) when required.
General bookkeeping is usually carried out using our preferred accounting software solution, XERO, where we will record financial transactions, manage the sales invoices, purchase invoices, bank reconciliations and payments for your UK subsidiary or branch.
Having a clear process around purchase invoice approval is critical to ensure costs are coded correctly and that suppliers are paid promptly and accurately. Our cloud based, integrated solutions provide a prompt, risk-free and efficient solution to purchase invoice approvals, ensuring purchase invoices are always authorised by the client prior to payment, regardless of where they are based in the world.
Many of our clients rely on Goodwille to raise their sales invoices, whilst some choose to invoice directly from Head Office. Regardless of how you decide to generate revenue for your UK operations (whether it be sales invoices, cost plus arrangement etc), Goodwille can support you with managing the inter company sales transactions.
Why Choose Goodwille?
Having employees will result in an increase in transactions and finance activity, including booking salary journals, handling employee expense claims and organising all necessary payments to the employee, pension provider & HMRC. As part of our flexible outsourced finance solution, Goodwille will proactively manage these transactions for you when employees are onboarded.
- Proactive approach from your Financial Controller
- Cloud based, read-only access gives you visibility 24/7
- Integrated systems improve efficiencies & cross border communication
- Extensive experience using a variety of accounting platforms (such as XERO, Sage, Microsoft Dynamics, Fortnox and Netsuite)
As our CFO, Kevin’s role is to oversee the teams that manage the delivery of fully compliant financial processes for our clients, as well as for advising them on the decisions that will help drive their businesses forward. He is responsible for the Financial & Payroll departments across both the London and Warwick offices.
The Tools We Use
Xero – Accounting software for small businesses
Pleo – Smart payment cards with automated expense reports
Expensify – One-click receipt tracking and expense management