Your business finances shouldn’t be a mystery and working with us will make it simple! By having a good grasp of your income and expenses you’ll run your business with confidence and be able to sleep at night!
Bookkeeping is the recording and organisation of all financial transactions of a business, including the essential day to day functions such as raising invoices, paying bills and processing payroll. Alongside the actual services you offer, this is the most important part of your business.
Without bookkeeping you can very quickly get into trouble, as you won’t be aware of your business’ financial situation and may struggle to pay suppliers, staff and even taxes!
By working with us, there will be no nasty surprises when it comes to payments due, taxes or how much money you can take from the business, giving you peace of mind to get on with what you do best.
Unless you are running a cash sales business or most of your sales are through a website you need to send invoices to get paid.
Adding any bills to the purchase ledger to make sure they are paid in a timely manner, keeping your suppliers happy and your business moving.
Matching transactions from the bank account to the accounting software to make sure everything tallies and to pick up any discrepancies early to avoid mistakes.
Keep on top of what you're owed and make sure you get paid on time, getting that all important cash in your bank as quickly as possible.
Have the opportunity to discuss your business' performance in depth with us, highlighting what's going well, what could do with some improvement and ideas of how to implement these ideas.
If you're VAT registered, a return needs to be submitted to HMRC at least every three months; we'll do this for you.
From paying you and your staff to submitting the relevant data to HMRC and making sure PAYE is paid on time, we've got you covered.
The safest way to build a business is to understand the impact that any changes you make will have. By having your finances up to date you will be able to make informed decisions.
See how your business is performing at any given moment from how much profit you're making to how much money you owe.
It's great to have goals and it's even better to have a clear plan as to how you will achieve them and that's what we're here to help with.
The cost of a good bookkeeper is far outweighed by the benefits they bring your business and the peace of mind you it will give you.
There is far more to bookkeeping than just inputting financial data, we hope to become an invaluable member of your team by giving you the information you need to grow your business.
Give us a call or book in for a chat. We’ll discuss your business with you in detail to decide the best package for you.
Pricing will depend on the size and type of your business and the number of transactions you make. You will find the pricing very competitive as we work quickly as well as accurately.
We use accounting software (either Xero or FreeAgent) to record your financial transactions, giving you access to a huge raft of information on your business at any point in time. Using software also improves efficiency and reduces human errors. This also helps to ensure that your business complies with the Making Tax Digital requirements.
Making Tax Digital is a Government requirement for a business to keep digital records and file tax returns using MTD software.
Bookkeepers provide accurate and timely information for accountants to produce the legally required accounts and tax returns. An accountant’s cost is generally much higher than a bookkeeper, so using a bookkeeper often saves a significant amount of money.
We would strongly recommend that you have a business bank account to make it easy to keep business and personal transactions separate to keep track of your finances.
Definitely. We deal with people’s finances all day long, so we will be much quicker than you at your bookkeeping. This means you can get on with doing the things you enjoy such as taking on more clients, growing the business or just having a day off!
We know that any decision around changing your business is a big one, so we want to make sure you are 100% happy that Focus are the partner for you.
Arrange a call today and get a free consultation to see how we can help.
