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Why choose BookkeepingandPayroll.com?
In any business keeping track of your financial records can be a time consuming exercise and a difficult juggling act. Whether you are a sole trader or a small to medium limited company, we can provide bookkeeping and payroll services to help free up your valuable time thus enabling you to spend more of it on your business. |  |
Even if you have been trading for many years or just started your own business, it is essential to have good accounting records. This will give you regular meaningful figures, giving you the information to make important decisions about your business. |
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Based in Bushey, Watford, Hertfordshire and with nearly twenty years accounting experience, we aim to provide you with an efficient and friendly service offering cost effective solutions to your accounting, bookkeeping and payroll needs. We can prepare the following bookkeeping functions on our computerised system as well as other services: Choose only the services that you require.
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Bookkeeping Many business owners find themselves either:
So what is the solution? Outsourcing. Outsourcing is the delegation of selected business related tasks to an independent company, in order to take advantage of its expertise and free up you and your company to work on more productive activities. One of the most important parts of our service is the preparation of management accounts (Profit & Loss, Balance Sheet) which clients find invaluable. We can prepare them monthly or quarterly to suit your needs. These are vital to the continued success of your business. We discuss your requirements and work closely with you and provide you with tailored information, along with constructive advice. We know that producing timely and accurate financial reports is vital to a successful business and evaluating the performance of any business on a regular basis is crucial. You will have reliable and accurate information on which to base your business decisions. Other areas of our bookkeeping services explained: Sales Ledger A sales ledger contains the personal accounts of customers to whom the business has sold on credit. (The basis of their reputation; they are the debtors.) It records information such as invoices issued, credit notes issued and payments received. We can reconcile individual accounts or just maintain your ledger to a high standard. We can also do the data inputting and invoicing for your ledger. Purchase Ledger A purchase ledger contains the personal accounts of suppliers from whom the business has bought on credit. (The creditors.) It records information such as invoices received, credit notes received and payments sent. We can reconcile individual accounts or just maintain your ledger to a high standard. We can also do the data inputting and supplier payments for your ledger. Nominal Ledger / General Ledger A nominal ledger (also known as a general ledger, or as speed codes or cost centres), allows you to keep track of which areas of your business generate what proportion of income and expenditure. Even in a small business, this can be useful for enabling management to decide which areas to concentrate on promoting, and where costs need to be better controlled. We will analyse and reconcile your control accounts for you. Bank Reconciliations Finding out exactly how much money your company has to work with can be an important aspect of your business, especially if you work on a high turnover and need to utilise all incoming funds where it has to be really accurate to the penny. Small businesses and sole traders often work on a very tight budget and use up every penny they have and occasionally a bill or fee can unexpectedly hit them. This is why you need to make sure you have your bank and your books balancing at a whims notice. We work vigilantly and time effectively. |
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Payroll Administering your payroll can be time consuming and burdensome, diverting energy and resources from your business. The task is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non compliance.
Even if you have only a few employees, you will make savings by engaging us to administer your payroll. |
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Vat and PAYE Maintainence of your VAT records and VAT returns |
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Onsite We also offer an "On Site" Service for those companies that have their own accounts package. |
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Web Design We can offer a web design service for your business and have produced this website among many others.
Please see click on the the following links for other examples of our work. |
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Contact Us You can contact us to discuss your individual requirements or if you require any further information by clicking on the link below.
We offer fixed fees so you don't need to worry about hidden charges! |
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Useful Links Company Car and Car Fuel Benefit calculator |