Bookkeeping is basically the recording of financial transactions. These include income, purchases, sales, payments and receipts by individuals or businesses. Bookkeeping is typically performed by a bookkeeper.
People often incorrectly think bookkeeping and accounting is one and the same thing. This misconception is understandable because the bookkeeping function is generally included in the accounting process.
An accountant creates reports from the recorded financial transactions provided by the bookkeeper and then files forms with HMRC and Companies House.
Not enough time to keep your books up to date? With our bookkeeping services you can ensure accurate professional reporting of your business. We can prepare the following for you:
- Cash Book
- Bank reconciliation
- Sales Leger
- Purchase Ledger
- Nominal Ledgr
- Fixed Assets Register
- VAT Returns
Administration of your finances can be time-consuming, let a professional manage these for you. Whether you require monthly, quarterly or annual management accounts, we can provide fast, accurate reporting. We have experience in various accounting systems including Sage and QuickBooks. By using Sage and QuickBooks software, we can review your processes and plan with you how much or little of your bookkeeping you would like to outsource.