We provide all bookkeeping services to small and medium-sized businesses. We can process all of your purchase and sales invoices, sort your statements and receipts and look after your books on a monthly, quarterly or annual basis. Whether you work manually or electronically, we can make sure your current bookkeeping systems are operating effectively or work with you to create new systems, based on your specific requirements. If you require any other service not listed below, please do not hesitate to get in touch to discuss your needs.
Why you need bookkeeping
Your business is legally obliged to keep records of financial transactions. This covers sales, expenses and purchases at the minimum. Failure to keep adequate records can mean a fine of up to £3,000 by HMRC. You may even incur an additional tax bill if HMRC finds you have completed your tax returns incorrectly as a result of poor record keeping. It’s essential to keep good records to run a successful business. You will know how much your customers owe you, how much you owe suppliers, how much profit you’re making and how much cash you have. With this knowledge you can make better decisions and improve your management of your business as a result.
Outsource your bookkeeping
Remove one of your biggest headaches by outsourcing your bookkeeping to us. What are the benefits?
Peace of mind: We have many years of bookkeeping experience, ensuring fast, accurate data entry, resulting in a correct set of accounts and tax return at the end of your financial year.
Tax savings: We are always looking for any potential efficiencies to reduce your tax liability, which can result in significant savings for you.
Advanced computerised accounts knowledge: We are certified advisors for Xero. We are also expert users of QuickBooks and Sage and use Receipt Bank and Entryless to minimise paperwork.
How does our bookkeeping service work?
All you have to do is send us or give us your paper records, and email us your electronic records, such as PDF invoices. You can send these to us monthly or quarterly, depending on the service you require. If we are producing your VAT returns, we’ll need them quarterly. If you’re not VAT registered we may only need them annually.
We will then input all the transactions into one of our bookkeeping software packages so we can produce your accounts, tax returns and VAT returns, if applicable. We are certified advisors for Xero. We are also expert users of QuickBooks and Sage and use Receipt Bank and Entryless to minimise paperwork.