Business Bookkeeping
If you’re spending too much time on bookkeeping and not enough time with your customers, we can help. Our team will handle all your business bookkeeping, leaving you free to manage other aspects of your business.
Bookkeeping isn’t something that small, medium or any sized business often embraces with enthusiasm. So why not save the stress and let Seagrave French take it off your hands? You can then stay focused on what you’re passionate about your business.
We can take care of invoices, bank statements, prepare your management accounts, VAT returns, end of year accounts and estimated tax liabilities on an ongoing basis so there aren’t any surprises. We can cover it all for you.
Your records will be organised and kept neatly filed, making any possible VAT inspections easy to manage.
We also offer the Seagrave French ‘Bookkeeping Health Check’ to new and existing clients. We’ll review your bookkeeping systems and suggest any changes that will save you time and money while ensuring that you’re compliant. We’ll see that information recorded is accurate and reliable while also ensuring there are no VAT errors. We’ll also help you produce more relevant management information and measures that will prove invaluable in managing your business.
If required, we can also deliver specific or tailored training to upskill bookkeeping staff.
Bookkeeping Health Check
Let us review your book-keeping system to advise on…
- The right book-keeping system for your business
- If the information being produced is accurate and reliable
- How you can spend less time keeping your books
- VAT errors – before the VAT Man finds them!
- Specific training needed for book-keeping staff
- How you could produce more relevant management information that is useful to manage your business
Business Bookkeeping
“Stressed out with the paperwork?”
Let us take it off your hands…
- Drop off your invoices, bank statements, etc;
- We do all the processing;
- We can then easily prepare for you…
- Management Accounts;
- VAT Returns;
- Key Performance Indicators;
- End of Year Accounts;
- Estimated Tax Liabilities as you go along so there’s no end of year surprises;
- You pick up the records (neatly filed and organised!) and all the information we’ve agreed to provide you with.
It also makes it easy for us to handle any VAT inspections.
Bookkeeping FAQs
What is Bookkeeping?
Bookkeeping is the systematic recording of a company’s financial transaction. It involves keeping records of all financial transactions and summarising the information so it can be used for preparing accounting reports and making business decisions. Please visit our blog to get more information.
Why should I get a Bookkeeper?
The law mandates all companies and self-employed to keep accurate and up-to-date records of their financial transactions. A bookkeeper will help you record every financial transaction and keep track of every penny you are earning and spending. Working with a bookkeeper will give you a crystal-clear picture of your business’s financial health, assist you in making informed decisions, and ultimately help you run your business more efficiently.
What’s involved in bookkeeping?
Bookkeeping is managing the day-to-day finances of a business. It includes:
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Making payments (e.g. bills)
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Chasing payments from clients and customers
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Ensuring your business pays the right amount of tax
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Claiming back tax for your business (e.g. expenses)
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Managing payroll to pay your staff and HMRC correctly
Bookkeeping tracks payments in and out of the business using three financial records:
Cashbook – this records your cash flow (everything moving in and out of your business’s account)
Sales invoice – this records what you’ve sold, including both paid and unpaid invoices.
Purchase invoice – this records what you’ve bought (including services) and how you’ve paid for each purchase.
These are usually the minimum records (‘books’) you’ll keep – there will probably be more. Keeping accurate books is important for financial reporting, and vital if your business faces an audit.
What’s the difference between bookkeeping and accounting?
Bookkeeping and accounting are often confused. In fact, bookkeeping is a small but vital part of the overall accounting function. Bookkeeping is the process of recording and reporting financial information, while accounting is the process of using such data to establish the business’s financial position and make decisions about how the finances are managed.
In short:
Bookkeeping = the recording and reporting of financial information
Accounting = analysing the financial information and creating a financial strategy
Can Bookkeeping Help Me Save More Money and Time?
Yes, bookkeeping can help you save more money and time, especially if:
- You are finding it hard to stay on top of your business finances
- You are unable to track where your money is going or how you are spending it
- You are losing receipts and bills; making it impossible to keep your records up-to-date
- Your business is not working as planned, and you are about giving up on it
- You don’t have time for your family and friends because you are busy with your business paperwork
- You are always running out of money and struggle to pay your staff and tax bills
- You are losing suppliers because you forget to pay them
- You have several unpaid invoices and always forget to follow up on your customers for payment.
If any of the above scenarios describe your situation, you need a bookkeeper to help you put things back in order. We’ll help you keep track of your finances, reduce your overhead cost, improve your business cash flow, and ensure your business is running profitably. Also, our bookkeeper will take charge of your paperwork so you can spend more time with your loved ones.
Find All Your Bookkeeping Services at Seagrave French
The benefits of having access to bookkeeping services from a Certified Chartered Accountant cannot be overstated. Today, more businesses of all types (sole traders, Partnerships, Private limited companies, Public limited companies, Non-Profit organisations, and Cooperatives) are reaching out and connecting with fully outsourced financial teams. If you are interested in utilizing accounting services yourself, check out Seagrave French.
Let your business outpace expectations with our range of services including Accounting Services, Audits, Bookkeeping, Business Support, Payroll Services, Tax Advisors and VAT Services—all designed to scale with your needs.
Ready to meet the team? Reach out for a free consultation today.
Services
Services
Accounting Services
We offer a full range of accounting services, specialising in supporting owner-managed businesses to thrive.
Business Support Services
Our business support services will let you focus on the important stuff while we handle the paperwork.
VAT Services
Our dedicated team provide a full range of VAT services and are happy to offer VAT advice if you have any questions.
Business Audits
We provide financial business audits to companies across the UK. Contact our team of experts today for more details on our services
Payroll Services
Managing Payroll can be complicated, but with Seagrave French at your side, you’ll never need to worry about it. Contact us today to discuss our full range of Payroll Services.
Business Bookkeeping
If you’re spending too much time on bookkeeping and not enough time with your customers, we can help. Our team will handle all your business bookkeeping, leaving you free to manage other aspects of your business.
Tax Advisors
Seagrave French provides tax services to both business owners and private individuals. Let our tax advisors take the stress out of your tax return.
Contact Us
Whatever your ambitions, we will commit to them wholeheartedly and deliver the premium service you deserve. Get in touch today to book a chat with the experts at Seagrave French.
