Accountants for
Professional services

head-shape

Whether you are an architect, lawyer, or musician, charging hourly, fixed fee, project wise, or use a combination of pricing models, having reliable financial intelligence is essential. But being a solopreneur or a small business owner, managing the nitty-gritty of accounting, such as cash flow management, tax, and planning, can be overwhelming.

Our professional services accountants can replace your worries with correct, reliable, and proactive accounting solutions.

Get in touch!

1560

Tax filings

576

Accounts filings

78

Reviews

Accountants for
Professional services

head-shape

Whether you are an architect, lawyer, or musician, charging hourly, fixed fee, project wise, or use a combination of pricing models, having reliable financial intelligence is essential. But being a solopreneur or a small business owner, managing the nitty-gritty of accounting, such as cash flow management, tax, and planning, can be overwhelming.

Our professional services accountants can replace your worries with correct, reliable, and proactive accounting solutions.

investment-img2

123Financials - Professional Accounting Firm

We are a comprehensive accountancy firm delivering accounting and tax solutions for professional service providers. We work with hundreds of professional service providers and know the different accounting challenges each profession can face.

From daily financials to expense management to job costing and tracking KPIs, our clients can benefit from a wide range of services.

We work with

industrial-ic1

Consultants

industrial-ic1

Advisory businesses

industrial-ic1

Professional services firms

industrial-ic1

Civil engineers

industrial-ic1

Startup businesses

industrial-ic1

IT contractors

industrial-ic1

Contractors

industrial-ic1

Consultants

Our Accounting Services

  • Accounting Software Set-up
  • Bookkeeping
  • Accounts Receivable
  • Payroll Processing
  • Budgets and Financial Projections
  • Financial Statement Preparation
  • Tax Preparation Services
  • Setting up the Chart of Accounts
  • Accounts Payable
  • Bank and Credit Card Reconciliation
  • Cash Flow Monitoring
  • Compilations and Reviews
  • Personal Financial Statements
  • Tax Preparation Services

Why Hire Our Medical Accountants?

chooseic-1
Quick Turnaround

We are flexible with your requirements and assure to fulfil them before deadlines without any errors. Rest assured, we will submit your accounts in time, every time.

chooseic-2
Round-the-Clock Availability

You will get access to time-tested solutions 365 days. No matter how urgent or complex the need is, our five decades of collective experience can solve any issue.

chooseic-3
Fixed and Affordable Fee

You only pay for what you need and not a dime extra. Fixed fee, No surprises. We provide custom solutions or an all-in-one package that works best for your business in your budget.

chooseic-4
Cream of Accounting Experts

We are a team of Tier 1 bankers, fund experts, CFOs, business finance specialists, and EX Big 4 Accountants that ensure result-oriented, regulatory compliant solutions.

chooseic-5
Transparency Promise

We know how valuable your data are. Therefore, we promise to protect your assets as we would ours. That’s why we take all measures to secure them using the latest security solutions.

chooseic-6
Technology Automation

We are associated with the world’s top accountancy automation partners, including Sage, QuickBooks, Asana, Zoho Projects, Jira, A2X, Hubdoc, FreeAgent, Dext, and many more.

Client Testimonials

Acknowledgement for 123Financials' general assistance and guidance during challenging circumstances, offering clear updates on COVID-19 and defining the Chancellor's rescue package quickly. The team's support is considered an asset in difficult circumstances.

Andrew Mcdonald
Andrew Mcdonald

As a newcomer to the world of self-employment, 123Financial proves indispensable in articulating claimable expenses and assisting in setting up a limited company. Their forward-thinking and proactive approach makes them highly recommended.

Fiona H
Fiona H

Hiring 123Financial as our outsourcing accounting team has proved to be outstanding in completing our tasks quickly. Their proactive initiatives ensure the job is done right the first time without lounging around on our watch!

Israel Fernandez
Israel Fernandez

Worried About Switching Accountants?

We manage all the nitty-gritties of onboarding and help you discover how dedicated cloud-driven accounting solutions can transform your financial management.

Our switching process is simple and cost-effective. We shall contact your current accountant to get your financial information and transfer it into 123Financials dynamic infrastructure in your budget.

Rest assured, our industry-specific experts and newer technology can seamlessly propel growth and bring new revenue avenues.

switching-img

Download Accounting e-book for free

Our eBook contains the intricacies of business accounting, bookkeeping, financial management, taxes, and everything that will make you complacent, Learn how to build a dynamic financial system for your company.

Download Your e-book

Professional Accountants

Accountants and advisers for professional services businesses. Our team works with businesses to address both the challenges and opportunities presented by digital transformation.

Who we serve?
  • Consultants
  • Advisory businesses
  • Professional services firms
  • Civil engineers
  • Startup businesses
  • IT contractors
  • Contractors

Our services

Accounts

Typically, 123 Financials can assist professional services business as follows:

  • Choosing the right legal structure for your business
  • Initial legal agreements, e.g. shareholder agreements
  • Accounting and financial reporting- A full finance department service is available meaning our clients can focus on commercial matters and growth. These services include:
    • Preparation of annual accounts
    • Preparation of personal and corporate tax returns
    • Tax planning and advisory services
    • Bookkeeping
    • Cash flow management with customised dashboards
    • Monthly management accounts
    • Employee services including payroll and pension services
  • Commercial and financial advice when you need it
  • Secretarial services
    • Setting up and establishing a business in the UK
    • Share issues, shareholding agreements and employee share schemes
  • Strategic advice, including providing a sounding board when you need to talk through an important decision.

30 Minute Free Consultation With Industry Specific Expert

Focus on running your business while we deliver its fuel.

Schedule a Meeting

Stay Upto Date in the Financial and Accounting World

Strap your company with our research-based insights on taxation, accounting software, tax rules and regulations, economy, and financial management.

Five reasons SMEs waste money on HR
Five reasons SMEs waste money on HR

Human resources (HR) management is essential for small and medium-sized businesses (SMEs) success. However,...

What is the primary purpose of financial accounting in your startup?
What is the primary purpose of financial accounting in your startup?

Financial accounting is an essential cog in the grand wheel of companies, contributing greatly...

Top 25 accountants interview questions 2024
Top 25 accountants interview questions 2024

Are you preparing for an accounting interview? Being well-prepared is essential for securing an...

Accounting Partners