Surprise costs sound like a poor budget that has fallen flat on it's face.
Warren Buffet
Protecting your financial interest every step of the way- As the sole entity dealing with the financial transactions of your vessel FYM's team of experienced account managers set up all fiscal accounts for your vessel while tailoring a bullet proof budget and cost analysis to meet the owners desires and vessel's cruising program.
Our managers know from experience the true cost involved with owning and operating a vessel world wide and are experts at defining them. Our first goal is to outline an annual operational budget, once approved by the owner a cash flow projection is secured with funds being sent to their appropriated escrow account. All budgets and accounts are closely monitored against the actual expense incurred monthly, updated, detailed and presented in report form to the owner and or captain.
FYM will supply each vessel with accounting software and training if needed. If requested an annual audit can be performed. " Trust through Transparency" is our creed it aligns us with clients who share the same ideals.
FYM Handles
- Vessel Accounting and Book Keeping
- Budget Procurement and Execution
- Monthly and Annual Reporting
- Set Up of Client Bank Accounts
- Crew Credit Cards and Payroll
- On Board Accounting Software and Training