July 2010

Bookkeeping

To succeed in business, one of your most important tools is good bookkeeping. Accurate financial records will help you answer some very important questions. Are you making money, or losing it? How much? Is your business on sound financial ground, or are troubles lurking ahead? A sound bookkeeping system is the foundation on which all of this valuable financial information can be built.

Click on the link to the left to find out What records you need to keep? and see an example of a simple system that you could introduce into your business.


The bookkeeping service is flexible depending on your businesses requirements. We can even use your existing software* to ensure you have maximum continuity of service and are not having to change from a system that you are comfortable with.

You pass your paperwork to us on a regular basis. The frequency - weekly, monthly, quarterly or annually will depend entirely on your requirements. We will maintain your paperwork at our home office and return it to you. You will have peace of mind that your records are being regularly maintained and all queries will be resolved at the time they arise rather than at year end.

The bookkeeping service can also include VAT returns, Payroll and annual accounts preparation for Sole Traders, Partnerships and Limited Companies if required.


Bookkeeping is the essential business activity of keeping track of your business finances including;

Maintaining the records of all receipts, payments and balances for your business;
Reconciling the balances monthly with the bank statements;
Posting and balancing the purchase and sales ledgers;
Extracting a detailed list of ledger balances including debtors & creditors;
Complete the postings to the nominal ledger;

Contact Me on 01530 412658 to discuss your requirements


----------------------------------------------------------------------------------------------------------------------------

The advantages of good bookkeeping are:


Control your business finances and cashflow
Manage VAT, tax and NI
Keep accurate records of your customers and suppliers
Recover late payments and reduce the risk of bad debts
Reconcile your books with your bank accounts
Having up-to-date records gives you the information you need to manage your business better and make it grow.
Clear picture of your financial position and enables you to report on your profit or loss easily and quickly when required.
Good record keeping may result in lower accountancy fees and reduce the risk of penalties and interest from HMCE.
The time taken in bookkeeping will be better spent on increasing the profitability of your business.


* In this case you must supply the software you would like me to use.



Previous Page                                                                            Next Page