Managing a yacht’s finances is akin to running a medium sized business; however yachting expertise is required to provide an accurately predicted budget, set-up an appropriate accounting system and analyse expenditure, which is why our accounts personnel have many years’ experience of dealing with accounts specific to yachts.

We can provide a realistic operating budget based upon our assessment of the yacht and its planned usage, thereby allowing the owner to optimize cash flow. Each yacht is supplied with customised accounts spreadsheets along with familiarisation training and support given to the captain. We can arrange for delivery of cash to the yacht and payment to suppliers. We also monitor all expenditure and supply detailed and transparent monthly accounts to the yacht’s owner.

Other financial and off-shore services we can provide include:
• Establishment and management of designated bank accounts.
• Set-up of Captain’s credit card.
• Management of crew payroll.