Bookkeeping
What's the need?
At some point your business will need to know how much money it has made, what it is worth, how much tax you owe, who owes you money, who you owe money to and maybe analyse where you are spending your money against your budgets. Prior to completing the year end accounts and before these figures can be calcuated a degree of bookkeeping is required.
Accurate books are essential before you can provide accurate VAT returns
We Can Help!
We can work remotely, or visit your premises if you prefer to update your books and give you a clear picture of exactly where your business is up to. We can update your own software or set you up on our software (including Sage and Xero) with feaures such as cloud accounting. This means you can access up to date information at any time, on any PC (and some mobiles) with an internet connection.
Typically we will provide you with a phone app for snapping any expenses and reciepts and a simple email address to forward any customer or supplier invoices on to. We would then remotely process these invoices and transactions and update your bookkeeping software for you. The digital documents you send would be kept as proof and for reference in case you need it later on. If your old school we accept paper originals in the post to work from, and optionally can digitalise these for you.
We then process the transactions in line with current legislation, accouting for VAT if your registered and highlight to you anything that doesnt look quite right. Optionally we can assign your transactions to jobs so that you can see how a specific project is performing and wether things like labour and materials are over budget.
At regular intervals (as often as you need) we reconcile the bank statements for your business account and make sure everything has been captured within your software. Once everything is recorded correctly we use this infomation to produce accurate management accounts for your business, including Proft & loss and Balance Sheet (Statement of Financial Position).
We will also produce other reports depending on what you need, such as who owes you money and how old the debt is (Aged Debtors) and who you owe money to and for how long (Aged Creditors). We can provide any number of reports to support your business decisions.
How much does this cost?
We offer this service to companies of all sizes. As each company has a different requirement it is difficult to quote an exact price online. Factors which effect the cost include remote or on site working requirement, number of transactions you need processing and how often you need the reconciliation and reports producing. We would be happy to meet with you or chat through your requirements on the phone to provide you with an accurate and competitive quote.
Contact Us for a no obligation friendly chat about your needs.