Wednesday, January 30, 2008

Signed, sealed, delivered – book-keeping by numbers

AN INNOVATIVE pack designed to take the headache out of finances for small and medium-sized businesses has been launched by accountants Mazuma.

Developed by Lucy Cohen and Sophie Hughes, founders of the Cardiff and London-based practice, the Purpleforce pack provides new clients with a parcel box containing 12 purple envelopes, an easy-to-understand leaflet on how the system works, along with a quirky little story of how the Purple Envelope came about.

All that’s left for sole traders and limited companies that take up Purpleforce to do is fill a Purple Envelope once a month with accounts documents, receipts, sales invoices and bank statements and post it off to Mazuma, where all the bookkeeping, payroll and VAT is sorted.

The accountants then send a set of monthly management accounts back to the client.

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