Bookkeeping and Accountancy For Small Businesses

To be able to run a successful business, good housekeeping is essential.                                                                                           Bookkeeping and Accounts must be done regularly.

BBS provides these services and more:

        By ensuring:

  • That all ledgers are up to date.
  • That clients have paid and suppliers have been paid.

         By reconciling:

  • The accounts to Trial Balance
  • The Bank Statement regularly

         By providing:

  • A cash flow management showing the budget figures against the actual incoming and outgoing
  • A Profit and Loss - Trading Profit - Balance Sheet.

As a business you have to be aware that financial records have to be kept to provide reporting requirement to HMRC.

BBS can help you with HMRC demands by:

  • Reconciling and submitting VAT Returns and ensuring that all sales and purchases invoices have been recorded.
  • Verifying subcontractors with HMRC and ensuring that their Tax element is deducted as expected and included with PAYE.
  • Preparing and submitting of Self Assessment Income TAX.

All submissions and payment to HMRC such as VAT, Self Assessment, subcontractors Tax are made on line.

Best Bookkeeping Services are also proficient in Sage line 50 and can prepare the work for you on your system or show you how to get the most of Sage.

The aim of this section is to show you the various categories of accounting that are required when running a Business.

It can be a daunting prospect, however your business could be an enjoyable and a profitable venture.                                 Our Services could take the strain away from you and providing quality and accuracy by ensuring that all reports are dealt with effeciency and that your Taxes are submitting timely and with deligence.