Accounts Management Service

GM Thomson & Co's accounts management service is operated from its Dumfries office led by the firm's Accounts Manager who together with additional assistants ensures that clients receive individual attention to maintain their accounts for all purposes.

Packages of services can be tailored to meet individual client requirements and with this flexibility reports are prepared as requested by the Client; they may be sent by mail or email, and may be issued monthly, quarterly or annually as required.

Close attention is paid to all changes in Customs & Revenue legislation to ensure that an effective and efficient service may be provided to all clients.

G M Thomson & Co provide an accounts Factoring / Management service for Farms, Estates, Charitable Trusts, Residents' Associations, co-operatives and sports clubs.

Services include:

  • Payment of Suppliers.
  • Daily Banking.
  • Preparation of VAT Returns.
  • Payroll and Inland Revenue Returns.
  • Monthly Bank Reconciliations.
  • Computerised Accounting System.
  • Monthly / Quarterly Reports.
  • Preparation of Year End Accounts ready for Accountancy purposes
  • Rented Property Management including:
    • Collection of rent
    • Monthly payments to Landlords
    • Annual Tax Reports
    • Additional reports and remittances to clients as required for VAT and other purposes.