Our bookkeeping service is customised to your requirements. Depending on the complexity of your business and bookkeeping requirements, we will tailor our bookkeeping solution  also make suggestions to help you streamline your processes, with a view to saving you money in the long term. We are extremely flexible and very capable of delivering on your requirements. Some of the areas we are often asked to manage are as follows:-

  • Preparation and processing of sales invoices
  • Posting and allocation of sales receipts
  • Credit control and debt chasing
  • Processing, coding and posting of supplier invoices
  • Posting and allocation of supplier direct debit payments
  • Production of cheques in accordance with credit terms
  • Posting and allocation of supplier cheques
  • Analysing and posting of petty cash payments
  • Payroll journal entries
  • Depreciation journals
  • Interest journals
  • Accruals and prepayments
  • Bank reconciliations
  • Calculation of quarterly VAT returns

Accounting for VAT and VAT Returns (value added tax)

Incorrect accounting for VAT is a common problem and can result in errors on your VAT account, incorrect payments to HMRC (HM Revenue and Customs) and possible fines, affecting your cash flow. As a client of Balance Your Books UK  you can be sure that your VAT is being managed by experts.

Saving you money on your accountancy bill

You should also see some benefit at the year-end when your accountant asks for the books to prepare your annual accounts and tax returns. Because the quality of our bookkeeping is so high the accountant should be able to put their accounts together in a shorter time - there will be no errors to correct, as happens with many bookkeepers, and they will have all the information they need. This should save you money on your annual accounts bill.

Saving you money on your bookkeeping bill

As our bookkeepers are highly trained and abide by the ethics of the Institute of Certified Bookkeepers and other accounting institutions, this means the work we deliver is of a high technical standard and as we know what we are doing, it is usually done in a quicker time. Employing a cheaper bookkeeper is often a false economy.

Saves you time so you can focus on more important issues

Your time is probably better spent with your employees and your customers to maximise your business potential, so let us manage your books.
 
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