Stock Take
Keeping an accurate and up to date stock figure in your accounts helps you reduce the risk of a tax investigation for your business.
When you make sure your stock value is reflected correctly on your balance sheet and profit and loss statement you can be sure that your profit figure is accurate. Which means that the margins shown in your management accounts are meaningful and valuable in helping you make decisions to drive your business forward.
It also means that you pay the correct level of taxation and reduce the future risk of the Revenue’s light shining in your direction.
Clear Vision’s accountants will help you review your stock take systems. We can even attend your stock take if you would like us to. We’ll make sure you are looking at your complete stock figure - taking into account any old or obsolete stock.
Our comprehensive stock take service is a sure-fire way to avoid this area of your business creating problems in the future.
Who to Contact
Matthew Rogers
For a no obligation discussion call me on 01249 712074 or email me at matthew.rogers@cvag.co.uk