What is a bookkeeping?

Bookkeeping is the process of recording and tracking a business’s financial transactions. It is a critical part of any business, as it helps to ensure that the business is financially sound and that it is complying with all applicable tax laws and regulations.
 

Bookkeepers typically record financial transactions in a journal or ledger. They also prepare financial statements, such as income statements and balance sheets, which provide insights into the business’s financial performance.

Bookkeeping

How can Bude Accounting help me with my bookkeeping?

When running your own business, you know the importance of accurate and up-to-date records. But with so many other things on your plate, it can be difficult to find the time to keep your own books in order. That’s where we come in!

We offer a comprehensive range of bookkeeping services for businsses and self-employed, including:

    • Bank reconciliation: We will reconcile your bank statements to your accounting software, ensuring that all of your transactions are accurately recorded.
    • Accounts payable: We will enter your bills and invoices into your accounting software, and schedule them for payment.
    • Accounts receivable: We will track your unpaid invoices and send out reminders to your customers.
    • Financial reporting: We can generate a variety of financial reports for you, such as income statements, balance sheets, and cash flow statements.
    • Tax preparation: We can help you prepare your annual tax return, ensuring that you are claiming all of the deductions and credits that you are entitled to.

In addition to these basic services, We also offer a number of other services that can be tailored to your specific needs, such as:

    • System setup: If you are new to bookkeeping, we can help you set up a system that is right for your business.
    • Cleanup: If your books are in a mess, we can help you clean them up and get them back on track.
    • Payroll: We can process payroll for you, including calculating taxes and deductions, and generating paychecks.

We understand that every business is different, so work with each of my clients to create a customised plan that meets their specific needs and budget. We are also committed to providing clients with the highest quality of service. We are always up-to-date on the latest bookkeeping and tax laws, and always available to answer clients’ questions..

Benefits of Hiring a Bookkeeper

There are many benefits to hiring a bookkeeper. Here are just a few

  • Save time: Bookkeepers can save you a significant amount of time by taking care of your bookkeeping tasks for you. This will free up your time so that you can focus on other important aspects of your business, such as marketing, sales, and customer service.
  • Improve accuracy: Bookkeepers are trained to keep accurate and up-to-date financial records. This will help you to make informed business decisions and ensure that your business is in compliance with all applicable tax laws.
  • Reduce stress: Bookkeeping can be a stressful task, especially for self-employed accountants who have a lot of other things on their plate. Hiring a bookkeeper can help to reduce your stress levels and give you peace of mind knowing that your books are in good hands.

We understand that every business is unique, and we’re committed to providing tailored solutions to meet your specific needs.

Contacting us is simple – you can reach us at 07590719470 (phone, SMS or WhatsApp) or send us an email at lindsay@budeaccounting.com

We value building strong client relationships and strive to be the best accountants in Bude, which is why we offer complimentary consultations.  As an AAT licenced bookeeper (MAAT AATQB) you can be assured we are qualified and have the experience to help you & your business.

Bookeeping