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.
123 Financials - 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
Professional services firms
Our Accounting Services
- Accounting Software Set-up
- 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?
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.
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.
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.
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.
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.
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.
123Financials team are top-notch. I’ve been very happy with their work and consistently impressed by their high level of service. They are professional, respond quickly, and provide solid advice with their client’s best interests in mind. Highly recommend.
123 Financials take the time to understand your needs as a client and not only support you from a transactional perspective but also provide advisory services. It's the first relationship I've had with an accountant in the UK that feels like a true partnership.
I couldn't recommend these guys highly enough. They have been brilliant from day one. We had a previous accountant who just messed us around and 123 came in and managed to transition everything over and we are now in a much better place. You are able to have lots of contact with them and they are always there to help improve your company. Very hands-on and I feel they do so much more than what is required. If you are looking for accountants, these are your guys!
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 123Financial’s dynamic infrastructure in your budget.
Rest assured, our industry-specific experts and newer technology can seamlessly propel growth and bring new revenue avenues.
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.
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?
- Advisory businesses
- Professional services firms
- Civil engineers
- Startup businesses
- IT contractors
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
- 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.
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