SSM Accountants Ltd. is an independent accountancy firm located in Poole, Dorset, with client bases locally and in the Greater London area. Founded in 2004 by Stephen Smith FCCA, formerly a member of the senior management team at Mazars, an international organisation, specialising in audit, accountancy, tax, legal and advisory services.
Steve started SSM Accountants with a number of loyal and valuable clients. The client base has since expanded to provide key accounting services and business advice to over thirty different businesses, from individuals to corporate entities and in varying fields from clothing manufacturers to international real estate. Key to SSM’s success is a history of long standing reliability and availability to clients.
Steve’s wealth of managerial experience, inherent understanding and dependable high standards of service have enabled SSM’s clients to seek his advice across a wide range of business queries. Whether you are facing challenging employment costs, or require consultation over new business opportunities, SSM has powerful tools that will help you gain the insight you need to make the right choice.
SSM uses Iris Accounts Production software to produce financial statements, which are constantly updated with the latest Companies Acts and Accounting Standards. Iris enables accounts to be submitted on-line and in iXBRL, the format required by Companies House and HMRC.
Iris Business Tax software allows integration with Iris Accounts Production to produce corporate tax computations and returns that are always up to date with the latest finance acts, which can be submitted online to HMRC.
Iris Personal Tax software enables production of personal tax returns and easy to read tax computations with implicit detail for ease of explanation. Iris P11d allows reporting of Benefits in Kind to be submitted online and integrates with Iris Personal Tax.
The use of Iris software allows companies to be formed and for all secretarial issues to be attended to. These modules also integrate with Iris Accounts Production. Annual returns can be completed within minutes and submitted online.
The use of transactional reporting and integration into flexible reporting models allows SSM’s systems to be essential tools for high value clients to monitor their wealth.
At the beginning of each year Forecasts can be produced that are measured against actual performance. Rolling forecasts are produced substituting forecast figures with actuals and revised forecasts in the light of new information.
Having clear and in depth knowledge of client’s affairs enables SSM to provide informed business advice. Clients have direct telephone access, are not required to pay for calls and will normally have access to face-to-face meetings with Steve either monthly or quarterly. Where face to face contact is not possible Microsoft Teams, Zoom or Skype meetings maintain the close relationship.
SSM was built upon the production of management accounts. The most commonly used accounting software among SSM’s clients is Sage 50 accounts. SSM is a Sage Accountants Club member with Priority Line access to their help desk.
In recent years with the development of cloud accounting, SSM has embraced Sage Business Cloud, Quickbooks and Xero accounting systems
SSM uses client generated accounts data and an ODBC link into Microsoft Excel, from which files can be manipulated into whatever format required. Adjustments can be made to figures that can then be adjusted in the client’s in house accounting data where appropriate.
At year-end the accounting data can be seamlessly transferred to Iris to allow for all statutory reporting (see above). SSM can also import data from software packages other than Sage.
Where transactions are low and in cases where the client prefers a further level of confidentiality, SSM can provide bookkeeping services either using Sage 50 Accounts, cloud accounting system or an Excel cashbook that feeds directly into a management accounts template.
VAT returns are prepared in accordance with Making Tax Digital (MTD) using client or in-house software.
SSM has a payroll bureau that uses Sage 50 payroll and reports Real Time Information (RTI) to HMRC. Auto-enrolment pension contributions are also catered for automatically connected to NEST and other pension providers.
SSM Accountants produces transactional, monthly or quarterly management accounts. As well as receiving invaluable business information, clients are assured that a qualified professional always completes all areas of compliance accurately and on time.
Key to a successful partnership is regular contact. It engenders trust with the client that enables SSM to give advice based on a close knowledge of the business and the individuals concerned that is both relevant and proactive.
This methodology of working also lends itself to accounting for the assets of high wealth individuals. Unrestricted access to consultation empowers such clients to make informed decisions regarding fund allocation to different areas of their portfolios.
Regular contact also allows the production of relevant profit forecasts and cash flows that can be updated each time a set of management accounts is produced, to reflect actual historical events and changing projections.
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Email: steve@ssmanagement.co.uk
Phone: +44 (0) 1202 672 555
+44 (0) 1202 722 711
Fax: +44 (0) 8704 215 935
Address: SSM Accountants Ltd.
23a Church Road
Parkstone
Poole
Dorset
BH14 8UF
United Kingdom