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Daniel Consultancy provides specialised accountants for the care home industry. We offer a variety of services design to streamline your business and allow you to focus on providing exceptional care to your residents and clients. By using our expert accountants, you can rest assured that your finances are well managed and in order.

Our Care Home Accounting Services

Payroll: Preparation of payroll to ensure accurate and timely payments to employees and business reporting. Our services include:

  • Processing of Payroll, including monthly adjustments
  • Monthly issue of pay slips by both Electronic and Hard copy
  • Submission of all new employee and leaver information to the HMRC
  • P45 & P60 production for all employees
  • Direct point of contact with HMRC for all payroll queries
  • Completion of statutory forms, including year-end returns for employees and HMRC submission
  • One point of contact for all employee queries
  • Pension set up and Auto enrolment

Bookkeeping: Review and reports of assets, liability, equity, revenues and expenses. We tailor our bookkeeping services to meet your needs and provide customised reports and regular updates.

Monthly Management Accounts: Accounting services that review and assess assets, liability, equity, revenues and expenses per month. We review your accounts and manage your incoming and outgoing transactions with regular reports and communication regarding any changes or discrepancies.

Raising the sales invoices:  Raising the sales invoices to the relevant council and personal contributors.

Credit control: It is the practice of making sure your customers don’t take too long to pay you. . These are the number of days you will allow them to pay your invoices.

We will ensure to get your payments on time.

Estate planning: Preparing for the management and disposal of the estate during life and after death. We focus on minimising gift, estate, generation skipping transfer, and income tax. Estate planning also includes planning for incapacity as well as a process of reducing or eliminating uncertainties and maximising the value of the estate by reducing taxes and other expenses. We plan the estate to meet your and your client’s needs.

Final accounts: Determining the profitability and financial position of a business and reporting on that to its management, owners, and other interested parties. The final accounts process includes review of the trading accounts, profit and loss account and balance sheet. We guarantee our clients have a clear and accurate understanding of their care home business.

Tax planning (personal and business): Analysing your financial situation or plan from a tax perspective. The purpose of tax planning is to ensure tax efficiency, with the elements of the financial plan working together in the most tax-efficient manner possible. We ensure your personal and business taxes comply with all regulations and work to minimise taxes owed.

Cloud accounting: Setup and maintenance of software stored and accessed online. This is an attractive option for care home owners.  Such as quick book online, Xero or sage online.

Care home health check: Auditing of all aspects of a care home to identify areas for improvement especially “inspection readiness”. We complete the audit with a management report and feedback session. We also follow up audits with assistance in developing an action plan, implementing recommendations and assuring compliance in a sustainable manner.

Policies, procedures, and forms: Creation and review of documentation to support business, legal and financial compliance. We ensure that your policies and documents at suitable and complete.

Care plan audit: Auditing cares plans and suggests areas of improvement. We provide on-going support to improve your care planning process. Your clients needs and business objectives are our primary concerns.

Marketing: Spreading the word about your care home to referral sources. We also work to improve occupancy and fee levels.

Local market analysis: Assessment of market demand by identifying service demands of the area through talking to external stake holders like the local authority, CCGs, GP practices etc. We provide recommendations to improve your home’s offerings, increase options to suit local demand, and attract higher paying clients.

Human resource audit: Review of staff file documentation, policies, handbook, contracts of employment, health and safety documents, risk assessments etc. We make sure your home is compliant with all regulations and policies.

Staff rota audit: Audit of staffing rota to help identify the best staffing mix for the clients. We prepare a staffing tool to match the needs of the home and meet regulatory expectations of the Care Quality Commission (CQC).

Staff training audit: Audit of the staff training matrix, staff certificate and organising training with a training partner of your choice. We ensure that your staff’s training is up to date, comprehensive, and maximises your marketability.

Pre-selection of senior staff: Recruitment and recommendation of qualified candidates for senior positions. We review applicants and seek out top-quality staff to optimise your care home’s team.

Business process re engineering (BPR): Involves the radical redesign of core business processes to achieve dramatic improvements in productivity, cycle times and quality. In Business Process Re engineering, we start with a blank sheet of paper and rethink existing processes to deliver more value to the customer.