Winning business, providing design solutions, servicing the client, implementing the design, managing the design process, overseeing staff, complying with professional requirements and running the business, whether a large or sole practitioner, is an arduous task. All of this leaves little time for those all important financial tasks such as bookkeeping and accountancy, which are essential to ensuring a healthy and financially stable business.
CSD in conjunction with a specialist accountancy firm experienced in delivering online solutions to the advertising industry, has developed an online Financial Management service designed exclusively for CSD members and available in competitively priced modules allowing designers to choose which combination of services suits their practice and budget.
The service allows members to process accounts simply and efficiently on a monthly basis by inputting raw data single line entries to their account on-line. A few days later you will receive a 'job costing' set of reports by email showing your actual performance job-by-job and client-by-client, together with a short commentary comparing your actual performance against that budgeted. This allows you to make adjustments to your business activity immediately rather than waiting until the end of year accounts when it can often be too late.
These monthly records are consolidated allowing year end reports from which all statutory submissions can be made, such as Inland Revenue Tax Returns and Payroll records.
On signing up to the service, members fill out a questionnaire and this information is used to formulate a FREE fee structure and charge out rates schedule. This schedule is then constantly monitored against monthly budgets and performance indicators are produced.
Members benefit from a 15% discount on the monthly membership fee and a healthy 30% discount on all transactions.
A quick consultation and analysis can quickly establish the cost savings over in-house or outsourced bookkeeper or accountant's fees.
This service is exclusive to CSD members.
Key Benefits & Features
- Fixed monthly service charge.
- Fixed individual transaction costs.
- Monthly reports.
- Statutory reports at fixed rates.
- FREE fee structure and charge out rate schedule.
