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Bedford BookkeepingCwtch Cottage
As anyone in business will tell you the starting point for accounts is the cashbook! It is where everything happens which then allows you to produce the VAT, Analysis, Trial Balance for Accounts and even Tax Returns.
The most common piece of paperwork through the year is VAT. This can be time consuming especially if you are not on top of your cashbook.
Being registered for PAYE can be a long process with having to make sure you produce the payslips to paying your employee(s) to then making sure you input your FPS to HRMC and then paying HMRC.
One of the main things throughout business is making a profit! We understand this and are a big believer that every 3 or 6 months it is worth while having an analysis for your business to see if you wish to make changes to progress.
To bring each year end to a close you need accounts. If you are a Limited Company we can produce a trail balance which will allow your chosen Accountant to complete these for you. If you are a Sole Trader or Partnership we can produce these for you.
Lastly you will need to produce a Tax Return each January. All of the above will help with that. Again if you are Limited Company we can provide the figures your Accountant will need. If you are a Sole Trader or Partnership we can complete this for you.
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