Bravada.Uk

Bravada provides Business Support & Digital Design Services to clients in the North East of Scotland & Beyond.

Our principal is ACCA Qualified with over 15 + years of experience.

CREDIT CONTROL

If you require Credit Control procedures to be put in place or are having trouble collecting payments from your clients we can help.

We will create simple and effective procedures to make your Credit Control proactive and not reactive.

We will set out clear formal terms and conditions including Credit Limits for your clients appropriate to your business.

We will contact debtors and ensure payment of outstanding invoices.
We can set up procedures to keep a detailed record of all communication with your customers which is particularly important in the event of court proceedings being initiated.

A reconciliation of your bad debts and advise of outstanding issues and highlight problem debtors.

BANK ACCOUNT MANAGEMENT

Bank Reconciliations can improve internal control over a company’s cash if done by someone other than an employee who is recording receipts and payments.

Having BeBusiness reconcile your bank statement is known as the separation or segregation of duties and will assist in flagging some types of fraud and likely deter fraudulent activity from happening.

We will analyse your Bank Statements and Prepare Monthly Bank Reconciliation Statements for the periods required to bring your accounts up-to-date.

We will carry out Reconciliations with your accounts using all the relevant documentation and make all the necessary adjustments and corrections.
We will create a detailed Bank Reconciliation Spreadsheet that can be updated on a Monthly basis so that you can be assured that the amount of cash reported on your Company’s Balance Sheet is correct.

DOCUMENT CONTROL

Record-keeping and a properly implemented Filing System is crucial to any business and will result in a more efficient and cost-effective business.

Whether you have no Filing System in place at all and require a new one to be set up from scratch or just guidance and advice on how to improve and simplify your existing Filing System, BeBusiness can help.

After a consultation to understand your business we will determine the most efficient method for your filing system. We will take into account the different types of documentation and who will be handling these on a regular basis.

By Creating an organised Filing System for your business we will provide you with a more efficient way of working with the following benefits:
Time Savings:

Faster filing and retrieval of information

Fewer misfiles

Higher staff efficiency and productivity

Cost Savings:

Less office space used for filing equipment

Less time spent by Employees on filing

Less likelihood of lost documents leading to unfavourable audit findings and penalties

Less costly recovery of vital records

Improved service to clients /public

Compliance with legal and audit retention requirements

Easier training of new personnel

Standard procedures for Archiving and disposal of obsolete records

CREDIT CARD & PETTY CASH RECONCILIATION

Petty Cash is an effective way to manage small business purchases however, it is essential to reconcile your Petty Cash balance with all your expenses at the end of each accounting period.

BeBusiness will create a Petty Cash Reconciliation Statement for the relevant periods bringing your balance up-to-date highlighting any mistakes and potential mismanagement of the funds.

This will also allow you to be Organised and in control of your Petty Cash going forward. We will also prepare clearly defined steps on how to reconcile your Petty Cash for subsequent periods.

Bebusiness can also prepare Monthly Reconciliation Statements for your Credit Cards to bring the balances up-to-date.

All these transactions should be tracked on a monthly basis to highlight any discrepancies.