Bookkeeping for Fractional FD clients provides the reliable financial records needed beneath forecasting, management reporting, cash-flow planning and strategic financial advice.
I work with businesses introduced by Fractional FDs and CFOs, providing the ongoing bookkeeping service to their clients while the FD retains the strategic finance relationship.
The principle is simple: your recommendations are considerably easier to implement when the client’s books are accurate, reconciled and up to date.
Bookkeeping that supports the Fractional FD
A Fractional FD should not need to spend senior finance time discovering why the bank does not reconcile, whether the aged debtors are correct or how transactions from several months ago should have been recorded.
I provide the bookkeeping layer underneath that work, including bank and credit-card reconciliation, sales and purchase ledgers, debtor and creditor balances, control accounts, transaction coding and month-end bookkeeping.
Where historic records need attention, I can also help stabilise the bookkeeping before moving the client onto an ongoing monthly service.
The objective is better underlying information so the Fractional FD can concentrate on analysis, forecasting, cash flow, performance and helping the business owner make better decisions.
Consistency across your client portfolio
Where a Fractional FD supports several businesses, there can be considerable value in creating greater consistency across the client portfolio.
Where appropriate, I can work to an agreed chart of accounts, coding conventions, month-end timetable and bookkeeping structure across suitable clients.
Each business remains individual, but the underlying financial information becomes more familiar and predictable.
This can reduce the time spent interpreting how individual sets of books have been constructed and provide a more consistent foundation for management information and reporting.
Direct or white-label bookkeeping support
I can work directly with your client or provide bookkeeping on a white-label basis, depending on how you prefer to structure the relationship.
You remain the Fractional FD and strategic finance adviser. My role is to make sure the bookkeeping underneath your work is reliable.
Typical ongoing bookkeeping is £250 per month, subject to volume and complexity. Significant historic catch-up work is agreed separately.
I also offer a 15% recurring referral fee for clients introduced to Bookkeeping Packages Ltd. This can be paid to the introducer or, if preferred, donated to a charity of their choice.
You can view or download my full Bookkeeping for Fractional FD Clients prospectus above.
If you have a client whose bookkeeping is getting in the way of the financial work you are trying to deliver, please get in touch.