If you run a self-employed business, partnership or a Limited Company you have to record your financial transactions. Transactions include Sales, purchases, expenses, payments and receipts and their recording forms the foundation for your accounting process.
Limited companies and VAT registered businesses have to maintain accurate records in order to ensure compliance with the Companies Act and VAT requirements.
Maintaining timely, accurate and complete books is also good practice. Discipline here can be very beneficial to control, profitability and cash flow. For example the sooner you issue your sales invoice, the sooner you will get paid, the sooner you record your purchases and expenses the less likely you are to forget and omit a valid expense.
As exciting as book keeping is, we recognise that it can take up a lot of your time which we know you would rather spend growing your business and making money. Let us reduce your burden and complete your book keeping for you.
On receipt of the necessary paperwork, our trained staff will ensure that your records are processed accurately forming a suitable platform for your accounting and other legal responsibilities.
If you are happy maintaining your books, but would like to improve the process and make it more efficient, please get in touch and we will help you. We’ll provide you with our free book keeping spread sheet or discuss other options available to you such as online Cloud based solutions.
For more information please contact one of the team on 01952 727177 or 0121 236 7585.