How often should bookkeeping be done?
For most VAT-registered businesses, monthly is the practical minimum so returns are never rushed. Businesses with high transaction volumes often benefit from weekly.
Bookkeeping
Bookkeeping that gives you a clear picture.
Good bookkeeping gives you a clear picture of how your business is performing. We can manage your day-to-day financial records, reconcile transactions and keep your accounts organised and up to date. With accurate bookkeeping in place, you can spend less time on paperwork and more time running your business, while having reliable financial information available when you need it.
- Always current. Kept up to date through the year, never reconstructed after it.
- One set of records. VAT, CIS, payroll and year end all working from the same books.
- Your software. Xero, QuickBooks, Sage, FreeAgent and Dext, or we set you up.
This month's booksCurrent
Bank reconciled
Done
Receipts captured
Done
Management figures
Monthly
Records ready whenever you need them
The routine
Reconciled records, kept up to date rather than caught up.
For business owners who would rather not spend their evenings matching receipts to bank lines.
Bank reconciliation
Bank, card and loan accounts matched to the ledgers regularly.
Receipt capture
Invoices and receipts recorded digitally, in line with MTD.
Who owes what
Supplier and customer balances kept accurate and chased-able.
Management figures
Profit, margin and cash visible during the year, not after it.
In practice
Records you can actually rely on.
Bookkeeping is the foundation everything else sits on. If the records are wrong, the VAT return is wrong, the year end takes longer and costs more, and the numbers you are making decisions from are not real.
We keep the ledgers current through the year so nothing has to be reconstructed months later.
- Bank, credit card and loan accounts reconciled regularly.
- Sales and purchase invoices recorded, with receipts captured digitally.
- Supplier and customer balances kept accurate so you know who owes what.
- Records maintained in line with Making Tax Digital requirements.
What it gives you
Numbers you can make decisions on, not just file.
Once the records are reliable, they become useful. You can see which work is profitable, where costs are drifting and what the business can afford.
We work with the software you already use, or set you up on something that suits the way you trade.
- Regular management figures showing profit, margin and cash position.
- VAT, CIS and payroll all working from one consistent set of records.
- Year end that starts from clean data, which keeps the cost down.
- Support on Xero, QuickBooks, Sage, FreeAgent and Dext.
How it starts
Three steps, no upheaval.
Tell us where you are
A short call about how bookkeeping is handled today and what is causing friction.
We set the routine
Records, deadlines and handover organised, including professional clearance from your current accountant if you are switching.
You see everything early
Work finished ahead of deadlines, figures explained in plain English, and one specialist who answers.
Frequently asked questions
Bookkeeping questions we hear most.
Can you work with my existing software?
Yes. We work with the main cloud packages including Xero, QuickBooks, Sage and FreeAgent, and can take over an existing file rather than starting again.
Do I still need bookkeeping if I am not VAT registered?
Yes. You still need accurate records for your Self Assessment or Corporation Tax return, and for knowing whether the business is actually making money.
Related services
What this usually sits alongside.
Need help with your accounts?
Speak to our Harrow accountants today. Tell us how bookkeeping works in your business now, and we will tell you how we would run it.