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The Virtual Finance Office – VFO

The Virtual Finance Office (VFO) at Platinum One Accountants is a unique accounts service solution. This gives you the freedom to focus on your business, something extremely valuable – saving you time and money. Our Virtual Finance Office (VFO) provides a complete outsourced bookkeeping, accounting and payroll service with full office support.  It’s just like having your own accounts office next door.

We understand that juggling the financial and operational side of your business can be stressful. We can take away the strain by giving you the opportunity to focus on running your business.

VFO Services

Our range of services includes the day-to-day provision of bookkeeping, payroll, VAT compliance to management accounting and the full outsourcing of your financial recording-keeping.

We have a dedicated Virtual Finance Office (VFO) team to look after your every need and we can work as a seamless extension of your business. Our Virtual Finance Office (VFO) service is designed to be flexible and will be tailored to your specific needs.

Discover the advantages of having Platinum One Accountants as your Virtual Financial Office (VFO).


Our Virtual Financial Office for Businesses includes:

The Virtual Bookkeeping Office

Looking after your day-to-day bookkeeping and accounts.

Keeping track of debtors and creditors and making sure you are paid on time and that you pay your bills when due.

Managing your bank transactions; with your authority we can take responsibility for all online and BACS payments with absolute security and confidentiality.

Managing and monitoring your petty cash.

Raising invoices to your clients/customers and post or email them.

Dealing with all customer and supplier enquires.

Ensuring VAT and other deadlines are met.

Unlimited telephone and email support.

Dealing in full with your year-end accounts, P11D’s and individual Self Assessment returns.

Providing a full Back Office Support Service to deal with those unexpected requirements.

The Virtual Management Office

Providing monthly management accounts.

Providing budgets and forecasts.

Attending and present at board meetings.

Provision of named Company Secretary.

Regulatory reporting.

Filing of all returns and declarations required by law.

Board support services.

Tax preparation and filing – VAT and corporate income tax.

Audit co-ordination.

The Virtual HR & Training Office

Assisting in the recruitment and selection process.

Preparing bespoke employee handbooks.

Preparing bespoke employee contracts.

Preparing offer letters.

Induction template letters, forms and guides.

Preparing terms and conditions of employment.

Preparing new starter packs.

Maintaining staff records.

Performance management.

Software training – Xero, QuickBooks & Sage Accounts and Payroll.

Staff training.

Ongoing support.

The Virtual Payroll Office

Processing your weekly, fortnightly or monthly payroll.

Submitting RTI submissions to HMRC.

Auto Enrolment reporting and guidance.

Printed or electronic payslips.

BACS payment management.

Printed or electronic reports.

HMRC and BACS payments.

Provision of tailored reports.

File transfer and data export.

Ongoing advice and guidance.

Platinum One Accountants has the experience and expertise to manage the whole process seamlessly for you. Please contact us for a free initial consultation.