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.
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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