A very important and often neglected area. We firmly believe that if the bookeeping is carried out accurately and efficiently, this enables the final accounts to be produced on time with a minimum amount of queries. This in turn saves time and is a big cost saving to our client.
Accounts & Bookkeeping is dedicated to assisting small to medium sized businesses, including self-employed persons.
Understanding that business at this stage need to focus primarily on driving there key functions whilst maintaining all what goes on in the background to support this.
A key point as to why businesses should keep accurate records for all transactions are the government regulations, which need to be followed. In order for correct statutory taxes and returns to be made.
Accounting is an effective tool when used properly, the source point for accounting is bookkeeping, knowing what goes out of the business and where and what comes in to the business and for what.
BOOKKEEPING AND ACCOUNTING BASICS
Bookkeeping and accounting share two basic goals:
To keep track of your income and expenses, which improves your chances of making a profit.
To collect the financial information necessary for filing your various tax returns.
Please contact us on 0207 328 8338 for a friendly and informal discussion of your requirements.