Bookkeeping for SMEs

Weekly reconciliations, tidy ledgers, VAT‑ready coding and clear monthly reports.

Bookkeeping for SMEs

Keep your books clean and current. We connect your bank feeds, set up receipt capture, and reconcile weekly so month‑end is painless.

Bookkeeping Services

Overview Bookkeeping is the careful recording of all your business’s financial transactions – every sale, purchase, and payment. It’s the foundation for healthy finances. For small businesses, startups, contractors, and e-commerce companies, keeping accurate books is vital to monitor cash flow and meet HMRC requirements[1]. We understand that managing piles of receipts and spreadsheets can be a headache. Our approachable bookkeeping service takes that burden off your shoulders. We ensure your records are up-to-date, accurate, and compliant with UK laws, giving you a clear picture of your business’s performance and peace of mind at tax time. Benefits • Save Time for Your Business: By outsourcing your bookkeeping, you free up hours spent on data entry and reconciling accounts – time you can spend growing your business instead. • Accurate & HMRC-Compliant Records: We maintain precise financial records so you’ll always be ready for HMRC audits and filings. In fact, businesses are required to keep financial records for at least six years[2], and we help you meet this obligation without stress. • Tax-Ready Financials: Proper bookkeeping means no last-minute scramble when preparing statutory accounts or tax returns. All figures will be organized and verified, making year-end processes smooth[1]. • Better Financial Insight: With tidy books, you can instantly see how your business is doing. Up-to-date reports on income, expenses, and profits help you make informed decisions and spot trends early. • Peace of Mind: Know that every invoice, receipt, and expense is tracked. Nothing falls through the cracks, so you avoid costly errors and can confidently focus on your core work. Process

  1. Initial Setup & Software: We’ll start by understanding your business and setting up an accounting system (such as Xero, QuickBooks, or Sage) tailored to your needs. If you already use software, we can work with that too.
  2. Transaction Recording: Throughout the week or month, you send us your invoices, bills, and bank statements – or we can fetch data from your bank with secure feed integrations. Our team records each transaction (sales, purchases, payments) in the ledger with the correct categories.
  3. Reconciliation: We routinely reconcile your accounts, comparing the records against bank statements to ensure everything matches. This step catches any missing items or discrepancies early and guarantees accuracy in your books.
  4. Reporting: At intervals you prefer (monthly, quarterly, etc.), we prepare financial reports for you. You’ll receive a Profit & Loss statement, Balance Sheet, or custom reports that show how your business is performing. We can explain these in plain language, so you don’t need to be a finance expert to understand your numbers.
  5. Year-End Preparation: Come year-end, your books are already in good order. This makes preparing annual accounts and tax returns far easier and more accurate. We work closely with our accounting and tax team (if you use our other services) to hand over well-organized data, saving you from any last-minute chaos. FAQs Q: My business is very small – do I really need bookkeeping services? A: Every business, no matter the size, benefits from good bookkeeping. Even if you have few transactions, keeping them recorded properly will save you time and ensure you’re complying with tax laws. It also provides clarity on how your business is doing financially. Many small or new business owners start off doing it themselves and find it tedious or confusing – that’s where we come in to help. You’ll avoid mistakes and free yourself to focus on business growth. Q: I’ve fallen behind on my bookkeeping. Can you help? A: Absolutely. It’s common for busy entrepreneurs to fall behind. Our team can work with you to gather your past receipts, bank statements, and invoices and quickly bring your records up to date. We’ll organize everything and even liaise with HMRC if there are any compliance issues due to the delay. Once caught up, we can also set up a process to keep your books current going forward (so you won’t be in the same position next year!). Q: Do you use cloud accounting software? Will I have access to my books? A: Yes. We use leading cloud accounting platforms to manage your bookkeeping (unless you prefer a specific system). Cloud software means you can access your financial information anytime. We can grant you access to view real-time reports or specific dashboards that show your cash flow, expenses, and profit at a glance. Plus, cloud systems allow us to collaborate – for example, you can snap photos of receipts and they’ll flow straight into the bookkeeping system for us to record. Q: What records do I need to keep, and for how long? A: You should keep all documentation of your financial transactions – invoices, receipts, bank statements, payroll records, etc. – as part of your books. UK regulations require businesses to retain financial records for at least six years[2]. We will help you maintain organized electronic records of everything. By using digital storage and backups, we ensure your records are safely stored and easily searchable, so if HMRC ever asks or you need to recall a past transaction, you can find it quickly.