Bookkeeping

Selection and implementation
We can help you to select and implement any accounting system – manual, spreadsheet or computer accounts package. We can help you get the best out of an existing system.

Appropriate
Accounting records should be appropriate to the size and type of business. We can advise on an efficient bookkeeping system for your business. Often this results in less work for you and lower fees from us.

Book-Keeping Solution
Click here to see an example of our suggested spreadsheet solution to basic records for a small business. It is an abbreviated version for you to review. It is a simple excel spreadsheet, which we believe is largely self explanatory. It is suitable for non-vat and vat registered businesses alike. It can also incorporate a second bank account.

If the record is maintained as intended and the bank account properly reconciled to bank statements, we guarantee it will result in reduced accountancy fees.

It has been described as ‘brilliant’ and is used, successfully by a wide variety of businesses. It will provide the basic information for producing year end accounts and generate full reliable information for each VAT return, whether you are using standard VAT or the Flat Rate Scheme. It is cashbook based and is not intended, therefore, to control or reflect creditors. It does include a record of sales invoices and a debtor control account has been introduced. If control and reporting of debtors and creditors is an important aspect of your records, it may be more appropriate to consider a full accounting package.

Keep it simple
Bookkeeping does not have to be complicated.  Accounting records should be as complete as possible, but appropriate to the size and type of business. The bookkeeping records can be manual or computerised, spreadsheet or accounts package. One size does not fit all.

For your peace of mind

  • We can do it all for you.
  • Regular, reliable, and timely information.
  • VAT returns are on time and correct.
  • Customer statements are timely and correct.
  • Cash flow is improved.
  • Tax returns are more likely to be correct and on time.
  • You have the time (and information) to manage the business.

If you prefer DIY
We are pleased to help you to set up and run your own bookkeeping system, computerised or manual.  We can assist from time to time as necessary.
We are here to advise and to help.