Bookkeeping

Wouldn't it be great if you knew how much money you owed suppliers and how much money your customers owe you - at any point in time?

Just imagine leaving behind the sleepless nights, stressed out weekends and long evenings of worry that come from not having your book keeping up to date.

We provide bookkeeping services for small and medium sized businesses so they can begin to truly understand their numbers. They know at any point in time who they owe money to, who owes them money, and how much cash is available in the business. This will help owners make better decisions, grow faster and become more efficient.

You deserve the peace of mind knowing that your finances are in order. That way you can focus on what matters most you and running your business. Let us take care of all your sales invoices, purchase invoices, bank reconciliations, so that all you have to worry about is making great products or providing a brilliant service.

It’s time to stop stressing over numbers and start focusing on what really matters – you and your business.

Common FAQs
Accountant and client discussing their management accounts on a tablet
Bookkeeping

Bookkeeping healthcheck

Let us review your book-keeping system to advise on…

The right bookkeeping system for your business

If the information being produced is accurate and reliable

How you can spend less time keeping your books

VAT errors – before the VAT-man finds them

Specific training needed for bookkeeping staff

How you could produce more relevant management information that is useful to manage your business

Bookkeeping FAQs

  • What exactly does a bookkeeper do?

    A bookkeeper makes sure that a business has accurate and up-to-date information about its finances.

  • What's the difference between a bookkeeper and an accountant?

    For a lot of small businesses, both roles can possibly be undertaken by a skilled and experienced bookkeeper. However as the business grows and the needs become more complex the day-to-day data entry, recording of payments and receipts, etc are undertaken by a book keeper. The accruals, prepayments, strategy, board meetings, etc are then prepared/undertaken by an accountant.

  • How much does a bookkeeper charge per month?

    Typically an outsourced bookkeeper will cost approximately £1 / transaction. We have moved away from using timesheets and invoicing per hour and now invoice depending on transaction volume. The advantage to the client is that we are more efficient (where/what is the motivation to be quick if billing hourly?) and the client pays based on outcome as opposed to time spent.

  • Should I hire a bookkeeper or an accountant?

    A great question and really difficult to answer! In a lot of cases, a part-time bookkeeper who works hand in hand with an accountant is often the best way forward. 

  • Can I do my own bookkeeping?

    You most certainly can, especially with some support and help from an experienced accountant. However is this really the best use of your time? I have learned the hard way in business that only do what only you can do and do it brilliantly - the rest, pass over to an expert in that field. It is similar to the DIY scenario - most of us can change a light fitting, but very few of us can re-wire a house.

  • Do I need a bookkeeper if I have QuickBooks, Xero or Sage?

    Software is brilliant and saves a lot of time. However a bookkeeper is still needed to make sure and check that entries are correct - especially with respect to VAT and spotting the difference between tax-deductible and non-tax-deductible items. 

  • What is the best bookkeeping software?

    The best book keeping software is a combination of price ad ease of use, whilst at the same time providing all the required reports. In our experience, the best software is the software a client will use and enjoy (!) using.