Bookkeepers Basildon

Basildon Bookkeeping Services

Bookkeepers Basildon Essex (SS13): For anyone in Basildon who owns a small business, operates an online store or acts as a sole trader, it is their sole responsibility to keep "true and fair", accurate financial and accounting records for a minimum of 6 yrs. This is outlined by the Companies Act (2006). Failing to produce such detailed records may leave you facing Company Director disqualification, together with a fine of thousands of pounds. There is a substantial investment of time involved with compiling these financial recordings yourself, and it is often better to employ a professional accountant or bookkeeper, since according to the trade magazine Accounting Today over forty percent of small businesses spend at least eighty hours each year doing their accounts.

Free Basildon Bookkeepers Quotes

The time has come to contact a bookkeeper in Basildon for guidance and advice, if you're overcome with a sense of terror merely thinking about writing ledgers, tracking assets and liabilities, creating profit, loss and financial statements or compiling balance sheets.

BOOKKEEPER OR ACCOUNTANT?

Bookkeepers Basildon Essex (SS13)

What is the difference between an accountant and a bookkeeper is the first question that most people in Basildon ask. The fact is that whilst at one time the bookkeeping process, was looked at as beneath the experience, qualifications and skill set of an accountant, due to software improvements over the past decade, most accountancy companies in the Basildon area will now take on bookkeeping. To make sure their bookkeeping services are commensurate with an independent bookkeeper's fee, it's now common practice for accountancy firms to charge a fixed rate for such services. This makes the cost of bookkeeping cheaper than it was previously, and is excellent news for small businesses in Basildon since it provides a broader range of competition within the industry.

When looking at the main difference between an accountant and a bookkeeper in Basildon, it is the amount of training and qualification that's required for each discipline. An accountant will, at the very least, hold an accounting degree, and should have also had further training in fiscal and business management, and taxes. Although probably not holding the same financial qualifications, or having this level of training and experience, a bookkeeper in Basildon will still have a decent understanding of all these skills.

RESPONSIBILITIES OF A BOOKKEEPER

Basically, the bookkeeping process is the recording of the day to day transactions (financial) of any business in Basildon. This will likely include, but is in no way limited to;

  • Monthly reconciliation and reporting.
  • Documenting invoices received and ensuring that payment is completed by the due date.
  • Highlighting any discrepancies in financial accounts and rectifying them.
  • VAT submissions and recording.
  • Logging of all financial incomings; including card, cash and electronic payments.
  • Billing of customers for work completed or goods.
  • Making sure that double-entry bookkeeping and accounting practices are implemented.
  • Payroll services.
Bookkeeping Basildon UK (01268)

Based on service level you are looking for, e.g. whether you're prepared to carry out the vast majority of your bookkeeping work; a bookkeeper may just be necessary for double-checking your records every once in a while. This ought to be done from month to month at the bare minimum, since this allows for any problems or mistakes to be identified and amended speedily. This could be the most cost-effective trade-off, providing that it's possible to stay in control of your financial transactions without compromising your daily trading duties.

Whatever your circumstances, if you are seriously thinking of hiring a bookkeeper in Basildon, it is fairly likely that you may be struggling with the financial recording aspects of your small business. A decent bookkeeping company will help you with everything from producing expense reports, stocktaking and invoicing, to linking your business accounts with the latest software to seamlessly process all of your financial data.

Bookkeeping Enquiries in Basildon Essex

One of the most important elements of good bookkeeping, is the ability to correctly reconcile accounts payable with cash flow. This means that by organising the payment of bills to a time when your finances are in the best possible position, your bookkeeper will avoid the mistake that many small businesses are guilty of doing i.e. paying a bill straight away, or waiting on an overdue notice. This not only keeps your business financially stable, but keeps you in the good books of suppliers and the businesses who provide you with services. Unfortunately, this is one of those juggling acts that can be hard to perform when you are focussed on the streamlined running of your daily business operations.

Bookkeeper Near Basildon Essex

For your small business enterprise, or if you are a sole trader, employing a qualified bookkeeper in Basildon, gives you the chance to have an eagle eye cast over your financial situation. It is entirely possible that an objective appraisal such as this will highlight business patterns and trends that you haven't previously noticed. It is not at all uncommon for a keen eyed bookkeeper to flag up an area which is dropping in profits, or spot a new opportunity that may prove lucrative. It's essential for the economic growth of any business in Basildon, to spot these key performance indicators.

If you send out invoices as part of your business operations, having to chase up late payments can be fairly embarrassing. Having an individual outside your normal business situation, can take the awkwardness out of visiting your client or making that phone call. There are legal solutions a professional bookkeeper can make use of, if you are troubled with a consistent late or non-payer, and these can help to clear up the situation before the issue winds up in claims court proceedings.

SOLE TRADER'S BOOKKEEPING REQUIREMENTS

The bookkeeping requirements for a sole trader, as set out in law, are comparatively straightforward and easy to understand. Sole traders are required to keep a record of income and expenditure on a monthly basis and save all invoices and receipts. Now, this does not seem too difficult does it? However, it's still a wise move to retain the expert services of a bookkeeping company to ensure that it is all done properly. Offering advice on what valid business expenses you can claim back, a specialised sole trader bookkeeper in Basildon will deal with HMRC on your behalf. This could include rent and bills if you work from home, consumables, promotional advertising, items such as computing equipment and stationery. Chat to a trusted bookkeeper for more detailed advice and see how they can help your small business to grow and prosper.

BOOKKEEPING FOR ONLINE TRADERS IN BASILDON

Bookkeeping Services Basildon

There are a number of niche businesses where a specialist bookkeeping service could be necessary. You will require a bookkeeper in Basildon who is familiar with online payment procedures, multi-currency processing, exchange rate transfers and cross-border and international taxes, if you operate an online store for instance. If that same shop sells goods that you produce or hold, then managing stock on a 24 hours a day basis is a huge priority, as I'm sure you're aware the internet never sleeps, therefore nor should your bookkeeping software or services.

It's also possible to establish a remote virtual office, which can be used in combination with your bookkeeping service. This can be handy in allowing an online only business or sole trader to have a postal address and telephone service to provide a physical connection to their client base. It is definitely worth talking about this possibility if it's required, although not all Basildon bookkeepers will provide this option.

PROFESSIONAL QUALIFICATIONS AND AFFILIATIONS

A lot of the bookkeeping sector qualifications are at Certificate and Diploma level, and it isn't mandatory for a certified bookkeeper in Basildon to hold an accounting degree. There's an ever-growing selection of online courses available, although bookkeeping qualifications can still be obtained via further education universities and colleges.

There are two main training and certification organisations representing bookkeepers:

Local Bookkeeping Services Basildon (SS13)

The AAT or Association of Accounting Technicians: Providing advanced qualifications and a training schedule, the Association of Accounting Technicians or AAT, entitles a fully certified bookkeeper to use the letters AATQB after their name. They then become certified AAT bookkeepers, approved by this association, which promises a standard of service for their customers. To safeguard the trustworthiness of AAT membership, an AAT bookkeeper can be liable to disciplinary and tribunal processes if they are found to have breached the code of practice or had a complaint made against them.

The Institute of Certified Bookkeepers or ICB: Keeping their associated members current with the latest trends and developments, the Institute of Certified Bookkeepers (ICB) is the largest bookkeeping organisation in the world, providing accreditation to bookkeepers, in addition to training and reference material.

You're able to check the qualifications of any bookkeeper on the register of AAT or ICB members on their websites. Performing these checks is generally a good idea before you actually employ any professional bookkeeper in Basildon.

(Tags: Bookkeeper Basildon, Bookkeeping Services Basildon, Bookkeepers Basildon, Bookkeeping Accountants Basildon, Bookkeeping Service Basildon)

Book Bookkeeper in Basildon UK

Bookkeeping services are available for people living in in Basildon and also in: North Benfleet, Nevendon, Rawreth, Vange, Dunton, Fobbing, Great Burstead, Eastgate, Runwell, Crays Hill, Galmington, Bulphan, as well as in these postcodes SS13 1ET, SS13 1DD, SS13 1DJ, SS13 1RG, SS13 1NR, SS13 1QP, SS13 1HF, SS13 1EJ, SS13 1HW, SS13 1BB. Local Basildon bookkeeper services will most likely have the postcode SS13 and the phone code 01268. Checking this will ensure that you access locally based bookkeepers. Basildon sole traders and business owners will be able to utilise these and various other related services.

Coming Soon:

Charity bookkeeping Basildon.

Basildon Bookkeeper Tasks

Bookkeeper Tasks Basildon

Most bookkeepers in Basildon will be able to offer you the following accounting and bookkeeping services: bookkeeping for restaurants, charity bookkeeping Basildon, credit control, landlord bookkeeping Basildon, company cash books Basildon, bookkeeping for pubs Basildon, bookkeeping for small businesses, professional bookkeeping services, bookkeeping and accounting in Basildon, double-entry bookkeeping, general bookkeeping services Basildon, accountancy packages in Basildon, bank reconciliations, Self-Assessment tax returns, cash flow analysis, partnership tax returns Basildon, small business bookkeeping in Basildon, corporation tax returns, personal tax returns Basildon, management reports, bookkeeping for societies, Quickbook bookkeeping, payment services Basildon, bookkeeping services for retail outlets, VAT returns Basildon, cheap bookkeeping services, bookkeeping services for tradesmen in Basildon, Sage bookkeeping services, independent bookkeeping services, invoice processing Basildon, and more. These are just a selection of the tasks that are undertaken by local bookkeepers. Basildon professionals will tell you about their entire range of bookkeeping services. If there are different Basildon bookkeeper requirements that you need but can't see here, you can easily mention them on the QUOTE FORM provided. We will get back to you with details as soon as we can.

Essex Bookkeeping Enquiries

Essex Bookkeeping Enquiries

Recent Essex bookkeeping enquiries: Ema Mcmanus in Lambourne, Essex was asking about a bookkeeper to do her Self-Assessment tax returns. Mia-Rose Metcalf in Boreham was searching for bookkeeping for her internet sales business. Rayaan Carmichael in Kelvedon Hatch, Essex was hunting for bookkeeping services for his wedding cake shop. Hugh Crouch in Barnston, Essex was searching for a bookkeeper for his construction company. Tayla Machin from Black Notley, Essex was asking about bookkeeping for her tennis club. Marie Wallace in Elsenham, Essex asked the question "are there any qualified bookkeepers near me?". Jaya Mcgregor in Great Bromley, Essex was asking about bookkeeping services for her coffeehouse. Aida Elliot from Stapleford Abbotts, Essex was searching for bookkeeping services for her guitar lesson business. These local customers searched for "Bookkeepers Essex" and came across this page on either Google, Bing or Yahoo.

BASILDON BOOKKEEPING QUOTES

Bookkeepers Near Basildon

Also find: Great Burstead bookkeepers, Eastgate bookkeepers, Nevendon bookkeepers, Bulphan bookkeepers, Vange bookkeepers, Dunton bookkeepers, Fobbing bookkeepers, North Benfleet bookkeepers, Galmington bookkeepers, Runwell bookkeepers, Rawreth bookkeepers, Crays Hill bookkeeper and more. Most of these areas are serviced by local bookeepers. Basildon residents can get fees for bookkeeping services by clicking here.

Bookkeeping Services Basildon

Find a Bookkeeper in Basildon Here
Basildon Bookkeeping Services (01268)
  • Basildon Small Business Bookkeeping
  • Basildon PAYE and Wages
  • Basildon Cash Flow Management
  • Basildon Bookkeeping Services
  • Basildon Profit and Loss Reports
  • Basildon Credit Control
  • Basildon Payroll Services
  • Basildon Cheap Bookkeeping
  • Basildon Self-Assessment Bookkeeping
  • Basildon Double-Entry Bookkeeping
  • Basildon VAT Returns
  • Basildon Tax Preparation
  • Basildon Bookkeeping Estimates
  • Basildon Sole Trader Bookkeeping

Bookkeepers Around Basildon: People who live in these Basildon areas and streets have just recently inquired about bookkeeping services - Bowfell Drive, The Hatherley, Sherbourne Drive, Denys Drive, Codenham Straight, Crown Close, Drake Road, Throwley Close, Camelot Gardens, Barons Way, Bridgecote Lane, Scaldhurst, Barley Close, Cromer Close, Clavering, Tunstall Close, South Crockerford, Ampers End, Alnwick Close, Sparkbridge, Aspen Court, Broomfields Mews, Cashmere Way, Box Close, Spenders Close, Alpha Close, Beecham Court, Swanstead, Buckingham Road, as well as these Basildon area postcodes: SS13 1ET, SS13 1DD, SS13 1DJ, SS13 1RG, SS13 1NR, SS13 1QP, SS13 1HF, SS13 1EJ, SS13 1HW, SS13 1BB.

More Basildon Services: Not surprisingly, when you happen to be in need of a bookkeeper in Basildon, Essex, you'll probably need all kinds of different services and apart from a bookkeeper in Basildon, Essex, you could additionally need financial advice in Basildon, an accountant in Basildon, social media marketing in Basildon, video production in Basildon, business consulting in Basildon, telephone system services in Basildon, EPOS in Basildon, telemarketing in Basildon, network, database & IT support in Basildon, card processing in Basildon, a marketing agency in Basildon, website design in Basildon, cloud & hosting services in Basildon, HR consulting in Basildon, digital marketing services in Basildon, Ecommerce in Basildon, pay per click advertising in Basildon, and other different Basildon specialists.

To obtain local Basildon information check here

Bookkeepers in SS13 area, 01268.

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(This bookkeepers Basildon article was edited and updated on 25-01-2023)