Bookkeeping is the process of recording the money coming in and out, so that you can see exactly what is happening in your business, this can be a tough task to keep on top of when you are trying to run a business. In order for your business to be successful, it’s important to keep your bookkeeping records as up to date as possible, otherwise you might find that your cashflow suffers.
Bookkeeping is probably a task that is way down on your list of things to do, but by ensuring your bookkeeping is up to date means you can keep an eye on which customers have or haven’t paid their bills, it will also ensure that you do not miss paying bills which could lead to a supplier or debt agency chasing your business. Bookkeeping helps you prepare for the financial year ahead and allows you to manage your cashflow.
Bookkeeping can be time-consuming, but failing to keep records up-to-date could result in a HMRC fine of up to £3,000 and the potential for additional tax bills if your tax returns are also incorrect.
We are here to support your business, and take away the stress of the administrative side of business, giving you your freedom back. Our bespoke bookkeeping services are tailored to your business, and flex to fit the activity of your business. We offer a monthly fixed fee service that it tailored to your business and will include all the services you’ll need to get started, including dealing with the HMRC on your behalf.
Require more information?
If you would like more information or would like to speak to us direct then call us on 07521 750028. Or if you would prefer, ask us a question online.