Techcelerate Workshop #2 - Startup Financials
Thursday, 30 May 2019
9:00 to 16:30
Techcelerate, Albert Square, M2 6LW, Manchester
Delivered by Techcelerate Partner, SQK Accountancy, this workshop will focus on setting up of financial software, monitoring and managing the health of the company (management accounting) and quarterly and annual financial reporting. This workshop is ideal for early stage technology companies, both pre-revenue and as well as those with early-stage sales traction.
Setting up
- Choosing financial software and setting it up properly (chart of accounts, conversion balance, year-end, etc).
- Setting up PAYE, pension contributions, etc.
- Personal allowances and managing company vs personal accounts
Monitoring of Health of the Company
- Monthly and quarterly reporting
- Tax digital and VAT filing
Reporting
- Submission of annual return
- Preparation of annual accounts
- Role of accountant