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Outsourced Financial and Accounting Services

Our Outsourcing Mission Statement

To be the leading provider of financial and accounting services to our clients by providing an expert One Stop Shop for a client’s accountancy, tax and financial advisory needs.

Our Team of professionals provide a wide range of services, customisable to your industry and needs are required:

As part of our team we have a dedicated grocery retail sector with specialist knowledge in the area. Our services include (but are not limited to):

  • Formulation of Weekly KPI reports
  • Management accounts comprising P&L and Balance Sheet to include:
    • Shrink analysis (by department) where relevant
    • Overhead variance analysis v. budget v. comparative period
    • Key Balance Sheet Movements to include a review of EBITDA utilisation
  • Benchmark Reporting against similar entities
  • Cashflow Forecasting (weekly or monthly)
  • Regular Management Meetings
  • Weekly and Monthly Reconciliation of Key Balance Sheet Items
  • Compilation of annual budgets
  • Review of existing finance system/accounts package with a view to improving efficiencies
  • Provision of payroll processing and payroll rostering forecast services
  • Filing and calculation under various tax heads (PAYE, VAT, RCT, E-Levy)

Why outsource your finance function to DSB?

Business owners will be offered a comprehensive outsourced finance and accounts function with the following key benefits to them –

  • Free up valuable retailer/management time to enable you focus on your core business of driving your sales & profitability
  • Better quality, more timely management information, coupled with advices from DSB, will be available to assist you with more proactive decision making and business planning
  • Benefit from the sectoral expertise and knowledge that can be added by DSB
  • Cloud based services ensuring instant access to information for the business owner
  • Utilisation of Xero Accounting Software (specialist cloud based accounts preparation tool with many key innovative features)
  • An ability to access our other ancillary financial services such as tax planning, statutory account preparation (audit and audit exempt), advisory, banking and raising finance.

Client Portal

As part of our continued investment in technology, we now offer all of our clients online access to:

  • Approval portal to approve purchase invoices
  • Purchase invoice database to review previous invoices
  • Ability to upload documents directly to the portal for our own internal review/posting.

Please see link below to same, note you will need your specific user ID and password to access the portal.