Bookkeeping

It can be hard to keep on top of your bookkeeping responsibilities when you’re trying to run a business, especially during busy periods, and it’s an easy thing to put off until another day.  However, to manage your business effectively and make informed business decisions, keeping accurate and timely records is crucial.  Falling behind with your bookkeeping means you can’t get up to date financial information which you need to keep control of your business.

On top of this, with little notice, HMRC is now able to visit businesses and inspect the records.  If these are not kept properly, HMRC could take action, levying fines and issuing assessments for deemed lost revenue and opening an enquiry which can be costly and timely to deal with.

If you need help with your bookkeeping we would be delighted to assist you. We can carry out your entire bookkeeping function for you, either at your premises using your accounting package or at our office using our accounting package, Xero which allows you access to your live financial information at all times. Xero is a great new and intuitive cloud based accounting package that you can even manage from your smartphone.  We can also help you with cheque preparation and credit control.

There are many advantages to using our bookkeeping service:

  • Receipt of accurate and timely management reports to help you monitor results, maximise profits or minimise losses and concentrate on the future growth of your business.
  • Peace of mind that your books and records are being properly kept and adhere to HMRC guidelines and the Companies Act
  • Effectively manage your cashflow. Xero has the ability to obtain bank feeds directly so that via the internet or smartphone you can see at a glance what your bank balance is
  • Keep on top of who owes you money and how old their debt is and who you owe money to.
  • Savings to your time and cost savings on employing someone and the associated recruitment fees.

We’d be happy to have a chat about how our cost-effective bookkeeping service can help your business. For an initial free consultation, please call us on 0151 625 2250 or email us at [email protected].