Bookkeeping is the day to day record keeping of your business.
All businesses must keep records of all financial transactions such as getting money in from customers, paying for stock or for salaries or for other expenses of the business and paying VAT, PAYE and other taxes.
Bookkeeping is a term used for keeping these financial records and this needs careful attention to detail to ensure that everything reconciles to the business bank account and is accounted for correctly.
We love to use technology to make bookkeeping easier for our clients and we would recommend that you use Xero accounting software to take all the hard work out of it and to save you time – that way you can spend your time keeping on top of your business and how it’s performing rather than adding up spreadsheets to make sure they reconcile.
Sometimes you may feel that you don’t want to have to deal with this at all and that you would much rather pass this task onto an expert. We provide a bookkeeping service for some of our clients and for others we recommend that they hire a bookkeeper who may be employed or come in from time to time depending on the size of the business and the volume of transactions.
If you are thinking about getting some help with your bookkeeping why not get in touch to talk it over with us – we can help you find the solution that is right for your business.
If you would like help on this or any other matter please get in touch.
I work with Val and beyond the Numbers, because they are exactly that..more than just the numbers. They work hard to understand my business, understand the business needs that are unique to me. They then shape the support and service around those needs.
What I particularly like is that they are up for doing all sorts of support, from basic book-keeping, through to strategic challenge and insight. Trusted partners.
Martin Ewart, Bigwheel Leadership Ltd
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