Service Details

Self Assessment's Annual Accounts VAT Bookkeeping CIS - Construction Industry Scheme Payroll

Bookkeeping

We can look after your day to day bookkeeping

Our expert bookkeepers keep up to date with the latest legislations to make sure that your invoices, receipts and bank statements are filed in electronic software ready for any reports and year end accounts you may need to produce.

  • Monthly
  • Quarterly
  • Annually

Record keeping - Books, invoices, Receipts and Statements



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 calculated 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 features 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 receipts 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 digitalis these for you.

We then process the transactions in line with current legislation, accounting for VAT if your registered and highlight to you anything that doesn't look quite right. Optionally we can assign your transactions to jobs so that you can see how a specific project is performing and whether 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 information to produce accurate management accounts for your business, including Profit & 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.

  • More time for what you love – We’ll take care of the books so you can focus on running and growing your business.
  • No more tax-time panic – With everything kept neat and up to date, you’ll always be ready and stress-free.
  • Know your numbers, grow with confidence – Clear, simple reports that help you make smarter decisions every day.