Bookkeeping

Bookkeeping is tedious, time consuming and sometimes a little confusing. For small businesses it often gets in the way of you doing what you are best at; running and building your business.

Failure to keep records can result in a fine of up to £3,000 and disqualification as a Company Director. Therefore, it is important your bookkeeping is completed correctly.

You are expected to keep “true and fair” financial records for at least 6 years and longer if you have bought something that is expected to last longer than 6 years. You must also keep invoices and receipts detailing all money sent and received by the company. There must also be details or all assets owned and any debts the company owes.

Bookkeeping for your business can be a fully time job. It often makes commercial sense to have someone look after your bookkeeping so you can run your business more efficiently. We take the burden of bookkeeping away from you and free up your time. Our tailored service includes:

  • Billing of goods or services
  • Recording monies received
  • Recording invoices received from suppliers and paying suppliers
  • Employee payroll
  • VAT records and possibly VAT submissions
  • Record information

Keeping up to date with your bookkeeping and having organised and complete records can also help your business to succeed. It will provide you with reliable information on which you can base vital business decisions.

Call today on 020 8561 8388 to find out how we can save you time and increase your businesses productivity through our bookkeeping services.