Take Our Free Quiz! Is your accounting setup right for your startup? | Startup Accountancy
Free 3-minute audit
Take Our Free Quiz! Is your accounting setup right for your startup?
Most UK founders inherit a default setup when they incorporate, and almost nobody checks if it's actually right for a growing business. Nine questions will tell you exactly where you stand.
You are not careless. You were just never shown how to do this correctly.
9 questions · under 3 minutesNo charge · no obligation
What we typically find
Chart of accountsMisconfigured
Bank reconciliation3 months behind
Director loan accountUntracked
Payroll and salary structureNever reviewed
General accountsLooks good, but worth reviewing
73%
of new setups have at least one critical error
Free
to find out where you stand
Here is what happens when the setup is wrong
Your director loan account creates an unexpected tax bill at year-end, because nobody flagged that it was in debit.
Your Corporation Tax is calculated on bad data and your accountant charges extra to fix it.
An investor or bank asks for management accounts you cannot send, because they do not reflect reality.
You reach year-end and your accountant tells you the records need rebuilding from scratch.
Question 1 of 911%
Reviewing your answers…
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Worth noting: even the cleanest setups contain at least one blind spot. The most common ones are invisible until year-end, when they are expensive to fix. A free review takes 30 minutes and costs nothing.
Specific issues identified
Worth noting: even the cleanest setups contain at least one blind spot. The most common ones are invisible until year-end, when they are expensive to fix. A free review takes 30 minutes and costs nothing.
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Get your setup reviewed, free
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