Money Manager Technology

Giving you financial control
Having established a sole trader business, the only way you can truly capitalise on your efforts is to be fully aware of how your business is doing. Unless you remain in control of your finances you may fail to build on your success and potentially encounter unseen problems in the future.

Brookson’s unique online Navigator Money Manager provides an innovative way of doing just this. Most traditional accountants and service providers supply you with accounting software, or expect you to supply spreadsheets and other information for them to work with.

This puts the emphasis on you, when you are busy running your business and working with your clients. Naturally, in this situation, finding time to reconcile your statements and prepare figures for your accountant falls low in your list of priorities, especially when the financial year-end seems so far off.

This is not how Brookson operates. Our online Navigator Money Manager provides vital tools to keep you in control and monitor your finances effectively.

How does this work?
Once you submit details of what amounts you wish to invoice we will issue an invoice on your behalf. When you provide us with your expenses details, we process them and review the receipts to make sure they are compliantly recorded and taxed. From this, we calculate your income tax, Class 4 NICs and VAT in advance, so you are always ahead of your commitments.

These figures are then reflected in your online monthly Money Manager financial statements.

The Navigator Money Manager tools are designed to help you easily understand the four most important questions you will need to know when running your business:

• what cash you have;
• Who owes you money;
• Who you owe money too;
• How much you can pay yourself.

The Money Manager Cash Statement is a distillation of your monthly accounts. It gives you a clear understanding of how your business has performed and provides a single figure answer to the question of how much you can safely draw from your business.

Call us now on 0845 058 1400