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Financial Support and Payroll Management

Financial Support

OLG Support’s team is made up of time served accounts assistants and management accountants that deliver all round financial support in a flexible and customer focused way. We deliver Ledger management, reporting, compliance, support, and systems advice.

Your business needs are specific to you. We pride ourselves on being able to tailor our solution to meet these needs and to build the right package for you.

Some of the support we currently offer is listed below but we can adapt to any of your financial support needs.

Ledger Management

  • All purchase ledger functionality from setting up suppliers, managing purchase orders to payment and supplier management
  • Sales invoicing complying with contractual requirements and customer satisfaction
  • All credit control functions including credit checks, customer set up and debt collection
  • Nominal ledger, Cashbook and inter-company reconciliations ensuring ledgers are up to date in real time
  • Interest and debt calculations tracking

Reporting

  • Preparation of monthly, quarterly, and annual management accounts with detailed supporting information
  • Daily, weekly, and monthly cashflow planning
  • Forecasting and budgeting
  • Project cost accounting with Work in Progress tracking
  • Ad hoc reporting to facilitate business decision making

Compliance

  • Liaising with external professionals for year-end audits
  • Preparation and filing of VAT returns
  • Calculation and preparation of P11D benefits in kind
  • Intermediaries and CIS reporting

Support and Systems Advice

  • Professional advice for financial modelling and cost estimate tracking
  • Accounting system and processes review to identify efficiencies, savings, and compliance with current legislation
  • Full roll out of new accounting systems from scoping to “go live”

Payroll Management

Our payroll team offer a range of payroll solutions to accommodate your changing and dynamic business needs.
We offer services to ensure accurate payroll processing through to compliance. The dedicated team are always on hand to provide answers to payroll related queries and take the worry out of an ever-changing landscape of legislation.

Our services include:

  • Timesheet capture and tracking to alleviate the burden of payment accuracy
  • Payroll processing to cover the most complex of payroll needs
  • Holiday tracking and compliance with payment at the appropriate rates
  • Provision of ePayslips
  • Weekly and monthly processing and payment by BACs
  • Pension auto-enrolment and management
  • Filing of all necessary forms and returns with HMRC
  • Managing the starters and leavers processes