Financial & Accounting
Wilson Yacht Management aim to provide Owners with a true understanding of the cost of running their yacht. We are committed to providing a high quality service.
Our multi-currency dual input accounting system is customised with yacht specific categories in order that we provide the most accurate monthly management reports and budget forecasts.
Our many years of experience provide a vast database from which we can estimate with remarkable accuracy a realistic financial program.
Bank Account
We will open a designated bank account in the chosen currency. The account is to be maintained in credit at all times.
Credit & Debit Cards
Cards are issued to the Captain and key personnel with spending limits set appropriate to the operating area. We closely monitor card activity through monthly audits of the original receipts.
Invoice Payment
All invoices paid by Wilson Yacht Management through the designated bank account, have always been verified and approved.
Petty Cash
We can provide funds to the yacht wherever she is berthed around the world. The Captain is responsible for the day to day management of the cash and Wilson Yacht Management audits and verifies the accounts on a monthly basis, incorporating them into the annual accounts.
Crew Payroll
Payroll duties are executed in adherence to the various tax implications of the Yacht's flag.
Monthly Reporting and Budget Forecast
Each individual yacht Owner receives a clear and concise summary of the yacht's expenditure relating to the future monthly forecast.