Understand the pattern of work
Consulting businesses may invoice by project, milestone, retainer or time spent. We start with how fees are earned and collected, and how the records connect to contracts and invoices. A clear explanation of the commercial model makes the accounting discussion more useful.
Separate billing from cash
A busy month of work does not always lead to a strong bank balance in the same month. Management reporting and cash-flow planning can help examine delayed invoicing, late receipts and recurring overheads. Illustrative scenarios should use the payment assumptions that fit your contracts.
Define the specialist questions
Personal tax, overseas work and the terms under which you provide services may need additional review. Raise these when scoping the engagement. We do not infer a tax or employment-status conclusion from your job title or business structure.