Bookkeeping

Bookkeeping is an essential part of any business operation it helps keep track of all the financial transactions of the business.

There are two main reasons why the books should be kept:

Management and growth of the business

Bookkeeping helps in managing and growing a business by ensuring that:

• Financial performance and financial position of the business is readily available at anytime
• Comparison can be made between the forecasted and actual figures to learn the financial health of the business
• Analyse the expenses to determine how to operate the business more cost-effectively

Tax and Accounting requirements

• Books of accounts are readily available for external purposes (i.e. for bankers, investors and HMRC)
• To complete the tax returns, accounts or to make tax claims
  
  

Our expert accounts staff can suggest and implement suitable systems and if applicable relieve you and your staff from your essential bookkeeping duties.