hello@gloucestercloudaccountants.co.uk

Bookkeeping and VAT

A lot of companies simply do not have their bookkeeping up to date. If you wanted to know how much profit you made last month would you have an idea? Limited company accounts are not due until 9 months after they year end by which point it is likely to be out of date.

The days of sitting down an manually typing out items from your bank statement are long gone.

We can offer a wide range of bookkeeping services to take the stress away from you so you can concentrate on running your business. We use xero, QuickBooks as well as other software that is cloud based allowing instant access.

In addition to bookkeeping, we offer payroll services and VAT returns. This can be done monthly, quarterly or simply when it suits you.

Bookkeeping and VAT…so what  exactly is it?

Bookkeeping is a vital part of an accounts function so what exactly is it? It is a method of recording transactions such as sales and purchase invoices and bank transactions. Small ‘one man bands’ such as tradespeople may record items in a cash book or receipt book.

Our bookkeeping services are provided on a hourly or fixed fee basis paid via monthly direct debit depending on your requirements.
Modern-day bookkeeping is not just about working through the numbers, it is about enabling you to make business decisions based on real time information. It is easier and makes more sense for decision making using data that is a few weeks old compared to year end accounts which can be up to 9 months old. Online software such as Xero, Quickbooks Online, help us make the process as easy as possible.
Contact us today to see how we can help with your bookkeeping function.
Our preference for bookkeeping is Xero.

 Xero is a cloud-based bookkeeping accounting software platform for small businesses. It includes automatic bank feeds, user friendly bank reconciliations along with sales invoice and purchase invoice entry functions. Instant reporting such as profit and loss accounts and performance indicators are just a click away.

Quickbooks

Quickbooks is a cloud based accountancy system for small business. It is similar to xero in that It includes automatic bank feeds, user friendly bank reconciliations along with sales invoice and purchase invoice entry functions. Instant reporting such as profit and loss accounts and performance indicators are just a click away.