Real-time Bookkeeping
With our Bookkeeping Service, the days of keeping receipts in a shoebox will be over. Traditional bookkeeping often leaves you waiting weeks for updates, chasing receipts and relying on reports that are already out of date. As a result, it’s hard to build an accurate picture of where you stand financially.
By using Xero and Dext receipt scanning, we keep your accounts updated regularly. Not once a quarter but every week, meaning you can log in anywhere and see exactly where you’re up to: cash flow, expenses, invoices and more, all in real-time.
Bookkeeping isn’t and should never be an afterthought. It’s the foundation of your business and allows you to make confident decisions based on current numbers, not weeks later.
Access Your Numbers Anytime With Xero
The beauty of Cloud Accounting software like Xero is that you have complete visibility over your accounts, whenever and wherever you are. Forget huge piles of receipts or waiting on your accountant, with our bookkeeping service, you have accurate numbers 24/7:
- Fully secure cloud-based bookkeeping
- Real-time dashboards and reporting
- Wherever and whenever, on any device
- Integrates safely and securely with your bank and other apps
This way, you’ll always have oversight of your finances to help you make better decisions and plan for any tax liabilities.
Our Bookkeeping Process
Do I need a bookkeeper if I already have an accountant?
Bookkeeping and accounting are different but they do go hand in hand.
Bookkeepers are in charge of the day-to-day recording of transactions such as invoices, receipts and expenses. You simply send a picture of any of the above and our bookkeepers will reconcile them in Xero so that it’s reflected in your numbers. The job of the accountant is to interpret this data and prepare financial reports, file taxes and provide strategic advice. Accurate and up-to-date bookkeeping is vital to an accountant’s job.
What records do I need to keep for bookkeeping?
You should keep hold of any records or documents that show your business' income and expenses. This includes:
- Any Invoices and Receipts
- Purchase invoices, bills and expense claims
- Bank statements and credit card statements
- Payroll records (if that applies to your business)
- VAT records (that’s if you’re VAT registered)
Using Xero, these will always be stored digitally on the cloud, but it’s always best to keep a physical back-up.
How much does bookkeeping cost for a small business?
The cost of bookkeeping varies from business to business and depends on the size, complexity, and number of monthly transactions.
As a benchmark if you’re a sole trader with 20 to 30 transactions a month, it would cost around £100 per month.
However, we have some clients who have multiple bank accounts and over a thousand transactions a month, so their bookkeeping may be more like £2000 a month.
The important thing is that we help clients at whatever stage of their journey, whether you’re just starting out or fully in the swing of things.
Can you handle bookkeeping if my business isn’t UK-based?
If you're registered in the UK but you trade overseas, then yes, we can support you.
Lots of our clients operate internationally, invoicing multiple currencies such as USD or EUR. We can manage multiple currency bookkeeping, reconcile international transactions and make sure you stay compliant with HMRC and UK tax regulations.
However, if you’re registered as a business in another country, then we won’t be able to help. That said, if you’re looking to open a business in the UK as part of your operations, we can help with company registration and ongoing support following setup.
Do you offer bookkeeping services to sole traders and startups?
Absolutely, we work with clients of all shapes and sizes.
We provide bookkeeping services to startups, freelancers and sole traders, as well as larger businesses. You might just need help tracking your expenses, or perhaps you want a fully outsourced finance function complete with bookkeeping, payroll, VAT returns, management accounts and more. The point is, we can scale up or down depending on what your business needs.
How do I switch bookkeeping services to you?
Switching is straightforward, our onboarding team makes the process frictionless.
We’ll contact your previous accountant or bookkeeper to request your records, transfer your bookkeeping data and get you set up on Xero in no time. If you’ve never used Xero before, don’t worry, it’s incredibly straightforward and we provide training to clients on how to use the platform.
I don't want to do any of this, can you help?
Our fully managed finance function allows you to outsource your whole finance function
For business that just want to focus on growing their business, our outsourced finance service is ideal. We’ll take care of everything financial, from your finance inbox, to payments and credit control. And by handing over the whole operation to us, you can be sure that bookkeeping and VAT will be kept up to date too.
Stay on Top of Your Numbers
Our bookkeeping service keeps you up to date, completely compliant and in control. It covers:
- Daily/weekly Transaction updates so your data is always in real-time
- Bank reconciliation
- Invoice and expense tracking
- VAT Returns and compliance support
- Monthly or quarterly management reports (if required)
You’ll also have a team of professionals on hand to answer any questions you might have along the way. No more chasing, bookkeeping kept simple and efficient.
Top Quality Bookkeeping
Meet Neil Ormesher, CEO of Accounts and Legal who ensures our Accounts service is the best in the industry. (Don’t just take our word for it, check out our reviews). At the heart of accounting services is bookkeeping, and Neil and our Head of Accounts ensures a high level of quality across the board.
Neil has been in accountancy for over 25 years, and as a fully qualified accountant, both CTA and FCCA who has worked his way up the ranks – he knows a thing or two about helping businesses.
Neil and the team are responsible for ensuring our clients get the best service, helping them understand their numbers, and achieve their business dreams.
Find out more about our Small Business Accountants in London.
A Bit About Us
Accounts and Legal was founded on the belief that business owners should expect more from their accountant than a set of figures at the end of the year.
Since then, we’ve grown into an award-winning team supporting hundreds of businesses across the UK. Our clients range from one-person companies finding their feet to complex, multimillion-pound businesses with larger teams and more involved financial needs.
That experience means we understand that no two businesses need exactly the same thing. Whether you need help staying on top of the essentials or want a team that can support the wider business, we’ll shape our service around where you are now and where you want to go next.
Emma Williams - Seene Digital
Accounts and Legal have been fantastic to work with over the last few years. Kath Meehan-Lacitignola, who handles our bookkeeping, is incredibly thorough, efficient and friendly. She’s quick to respond, genuinely cares and is always ready to help with any question. Special thanks to Jack Dawber-Axon, Senior Manager, who is our go-to for tax and accounting queries. Jack is exceptionally talented, thinks outside the box and has been instrumental in increasing our tax efficiency & saving us money. Both Kath and Jack make a real difference to our business.
Emma Williams, Founder of Seene Digital
Helping a client take control of their finances
Beyond bookkeeping
Accurate bookkeeping gives you a reliable starting point, but as your business grows, you may need more help turning those numbers into useful information.
Our UK-based outsourced finance team can manage your wider finance function, from bookkeeping, payroll and VAT to management accounts, cash flow forecasting and senior financial support. Everything works together, giving you clearer reporting, greater financial control and a team that becomes part of your business.
Our Offices
We have locations in 3 cities:
Manchester office: 81 King St, Manchester M2 4AH
London office: Hop Exchange, 24 Southwark St, London SE1 1TY
Liverpool office: Tea Factory, 82 Wood St, Liverpool L1 4DQ
Call us at 0333 344 0144
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