Bookkeeping is the practice of recording and tracking the financial transactions of a business. Bookkeepers regularly summarise this activity into reports that show how the business is doing. They may also perform wider tasks such as invoicing, paying bills, preparing tax returns, monitoring key performance indicators, and providing strategic advice.
Bookkeeping traditionally refers to the day-to-day upkeep of a business’s financial records. Bookkeepers used to simply gather and quality-check the information from which accounts were prepared.
Accounting refers to the analysis, reporting and summarising of the data that bookkeepers gather. Accounting reports give a picture of the financial performance of a business and determine how much tax is owed.
What I offer
I can do many bookkeeping tasks mentioned above and illustrated (right). What I cannot to do is perform End of Year (E.O.Y) reports or filling said reports to HMRC. for that you will need a qualified and registered accountant.
The software platforms I am familiar with are Xero, Sage, and QuickBooks, though I am able to learn and adapt to use just any platform. I am also familiar with other platforms that integrate with these accounting platforms such as Accelo and HaloPSA.
I can also partner bookkeeping with our other services such as sales and HR. Specifically invoicing/quotes, payroll, paying/recording bills/expenses, etc.
If you have any specific needs, then get in touch today to discuss.