Accounts Support and Bookkeeping Services

VAT Services

For businesses with a high enough turnover, the quarterly VAT returns are an essential, regular service that we provide.

Filing quarterly VAT returns using Xero and Quickbooks each quarter for clients. Most business owners need support with filing VAT returns as they do not feel confident doing this work themselves.

For a few clients, we put all the bookkeeping information on and then the company’s accountant files the return.  We are happy to work with accountants if this is easier for the business owner.

For peace of mind each month, we provide a monthly estimate of the next VAT payment so that it comes as less of a shock at the end of the quarter.

As a thorough follow up, we check that the VAT has been paid/received so that no payments are missed.

Help with VAT Registration

We support businesses reaching the threshold and advise them when they need to register. We have registered quite a few companies when they reached the point of having to pay VAT. The process mainly involves an online form, however there are some tips we provide at this point which can make the whole process less stressful as the quarters go by.

Help with sales invoices

As we all know, the sales are the most important part of running a business and if you need support with this service we are here to help.

Using software to send the sales invoices with any references and attachments needed to make sure the customers pay.

For clients who are new to using software, we set up standard templates for customer invoices with their logo, address and VAT details etc.

We can also send follow up statements to chase for late payments.

Payroll Services

For regular monthly bookkeeping clients we do help with wages, running the payroll using either Quickbooks or Xero depending on which software the client is using.  This allows us to provide payslips and update HMRC as well as the pension provider each month on behalf of the employer.

We do not offer a payroll only service, this is just for our monthly bookkeeping clients.

Reviewing Quickbooks and Xero to provide feedback

We are partnered with both software packages so we can provide support where needed, and sometimes that takes the form of a diagnostic report.  So we log in to your books and provide a detailed review of how your books are currently looking for a set fee.  There is no obligation to sign up for monthly services, you can use the report to discuss your concerns with your accountant or current bookkeeper.

Accounts Support

At the end of the year, the records will need to be reviewed and turned into a set of accounts with the relevant tax return being prepared.  This is where we hand over to your accountant.

We make sure your accountant has access and answers when they prepare the year end so they don’t come back with too many questions. It is our job to get the books ‘accountant ready’.