Book-keeping is a skilled job, so it's not surprising that this function is often outsourced to us. Despite the claims of quickbooks and others, book-keeping isn't straightforward for many businesses. From determining whether VAT can be charged and should it be subject to the domestic reverse charge scheme to accounting for payroll in your books, it can be easy to make mistakes that don't become apparent until books are presented to your accountant to prepare the financial statements. It's not unusual for it to take more time to check and correct mistakes than it would have been for us to do the bookkeeping in the first place.
If you have a member of staff or a book-keeper to complete your book-keeping to a good standard, we'd be more than happy to work with them when it comes to preparation of your accounts, but if you want to pass the bookkeeping to us we've properly trained and qualified book-keepers that will be happy to take care of it.
Easy Documentation and Admin
Every silver lining has a cloud. Cloud or Online bookkeeping is simply bookkeeping using software that is on a website rather
than on a desktop. The benefits of this are that you can outsource but still get access to your business's finances.
In the past, before the software that allowed us to do this, bookkeeping was confined to the desktop and getting access from anywhere else was difficult.
Thankfully those days are gone, so instead of having to back up and send large files to your accountant, access can be instant. Meaning we can access the same data from different locations at the same time.
Primarily our service is based around the Purchase ledger, the things your business buys, and the processing of bank statements and credit cards your business receives.
The days of having to pass bundles of receipts and invoices to your accountant are gone. We use receipt bank. This is an app that you can download onto your phone. Whenever you get a receipt or invoice, simply take out your phone, open the app, snap and send. Job done. A list of invoices and the images are sent to us to process. Saving you time and ensuring that every expense is captured, saving you possibly £100's of pounds if you currently use a book-keeper. And it can even integrate with your cloud-based accounting software.
Download your bank statements from your online banking and e-mail them to us, or print them and send them to us
We then process these receipts and invoices from receipt bank and your bank transactions.
More often than not our clients like to maintain control of the Sales Ledger, the sales invoices they issue, and the credit control, but we can help with this if need be.
Give us a call on 0117 9235394 to arrange a free initial consultation and see how we can help you.