Bookkeepers Lichfield

Lichfield Bookkeeping Services

Bookkeepers Lichfield Staffordshire (WS13): Regardless of whether you are a sole trader, operate an online store or run a small business in Lichfield, you are entirely responsible for keeping accurate, "true and fair" financial and accounting records for a minimum of 6 years in compliance with the Companies Act. You could face disqualification as a Company Director and get thousands of pounds in fines, if you can't produce this information. According to the magazine Accounting Today over 40% of small businesses spend eighty hours plus each year doing their bookkeeping activities, so while you can carry out these financial recordings on your own, it can pay you to employ a professional bookkeeper or accountant to do them for you.

Free Lichfield Bookkeepers Quotes

If you are filled with dread simply thinking about the possiblility of tracking liabilities and assets, creating profit, loss and fiscal reports, writing out ledgers or producing balance sheets, then the time to get in touch with a bookkeeper in Lichfield for assistance has arrived.


Bookkeepers Lichfield Staffordshire (WS13)

For many people in Lichfield, the first question that springs to mind when facing this predicament is "What is the difference between a bookkeeper and an accountant?" In the old days it was frequently looked at as to be beneath the experience, skill-sets and qualifications of an accountant to do bookkeeping, but due to software improvements over the past 10 years, many bookkeeping tasks will now be taken on by accountancy firms in the Lichfield area. To ensure their bookkeeping services are commensurate with a typical bookkeeper's fee, it is now fairly common for accounting companies to charge a set rate for such services. This is fantastic news for business owners since it offers a wider variety of competition within this sector and can make the cost of your bookkeeping cheaper than initially thought.

The big difference of an accountant over a bookkeeper is the standard of training and qualification needed. An accountant will usually hold at least a degree in accounting with further training in the field of taxation and other business and financial management. A bookkeeper in Lichfield might not necessarily have the same levels of training and experience, or hold these qualifications, but should still have a fair grasp of these disciplines.


Essentially, the bookkeeping process is to record the day by day monetary transactions of any business in Lichfield. This will likely include, but is in no way limited to;

  • Documenting of all financial incomings; including cash, electronic and card payments.
  • Payroll services.
  • Highlighting any discrepancies in financial accounts and rectifying them.
  • VAT recording and submissions.
  • The billing of customers for goods or work completed.
  • Making sure that accounting and double-entry bookkeeping practices are observed.
  • Monthly reports and reconciliations.
  • Recording the receipt of invoices and making certain that payment is completed by the due date.
Bookkeeping Lichfield UK (01543)

In accordance with service level you need, e.g. whether you're in a position to undertake the larger part of your bookkeeping work; a bookkeeper may just be needed to double check your figures on a fixed schedule. To ensure that any mistakes or problems can be detected and rectified promptly, as a bare minimum, this ought to be each month. This trade-off can often be the most economical if you are confident of remaining in control of your everyday financial transactions and trading.

If you're seriously thinking of hiring a bookkeeping company in Lichfield, whatever your scenario, it's a good bet that you could be having problems with your financial recording procedures. Offering advice and guidance on everything from stocktaking, producing expense reports and invoicing, a good bookkeeping company will also be able to help you link your business accounts with the most suitable software to facilitate the seamless processing of your business's financial data.

Bookkeeping Enquiries in Lichfield Staffordshire

The reconciliation of accounts payable with cash flow is one of the most crucial aspects of a good bookkeeping service. This means that by arranging bill payments to times when your accounts are buoyant and in good shape, your bookkeeper will avoid the thing that most small businesses in Lichfield are guilty of doing i.e. paying an outstanding bill immediately, or waiting for a final notice. This not only keeps your business enterprise financially secure, but keeps you in good stead with suppliers and the businesses who provide you with services. This is a balancing act that can be tough to accomplish as an individual when you are inevitably focussed on the smooth running of your company.

Bookkeeper Near Lichfield Staffordshire

Employing a qualified bookkeeper in Lichfield, if you are a sole trader, or for your small business also gives them the opportunity to cast an independent eye over your business finances. This objective evaluation can permit them to discover business patterns and trends that you may have overlooked. A situation where a smart bookkeeper flags an area of the business where profits are decreasing, or spots an opportunity which may prove worthwhile, is by no means an unheard of occurrence. It's essential for the success of any business in Lichfield, to spot these KPI's (key performance indicators).

It can often be quite awkward to chase up a late payment if your company sends out invoices. By having an individual outside your normal business situation make that phone call or visit to your customer, some of that embarrassment can be removed. If you have a repeating late payer there are legal techniques a professional bookkeeper can employ to help to clear up the situation before the issue ends up in a claims court.


The requirements for bookkeeping by a sole trader, as laid out by law, are relatively straightforward and easily understood. In essence, sole traders must save all receipts and invoices, and keep records of expenditure and income on a monthly basis. Now, this does not sound too difficult does it? But, it's still recommended that you retain the expert services of a bookkeeping company to ensure that it's all done correctly. Advising you on what valid business expenses you're able to claim back, a dedicated sole trader bookkeeper in Lichfield will deal with HMRC on your behalf. This may include items such as computing equipment, rent and bills if you work from home, printer ink, stationery and advertising expenses. For more detailed advice, speak to your bookkeeper, and learn how they might help your small business to thrive and grow moving forward.


Bookkeeping Services Lichfield

There are some business niches where a specialist bookkeeping service may be needed. You're going to require a bookkeeper in Lichfield who is familiar with online payments, multi-currency processing, exchange rate transfers and cross-border and international taxes, if you run an online store for instance. Supervising inventory on a 24/7 basis is also a massive priority, if that same store sells goods that you hold or produce, after all the internet does not sleep, so nor should your bookkeeping software or services.

Together with bookkeeping service, it is also possible to provide a remote virtual office. Offering a physical link with their buyers, this allows an online only business or sole trader to have a telephone service and postal address. If this kind of service could be helpful, it's certainly worth discussing, although this solution won't be supplied by all Lichfield bookkeepers.


A number of the bookkeeping qualifications are at Diploma or Certificate level, and it isn't necessary for a qualified Lichfield bookkeeper to hold a degree in accounting. If the chosen route to qualification is through further education universities and colleges, this is still a possibility, although there there's an ever-growing array of bookkeeping courses available online.

There are two main training and certification organisations representing bookkeepers:

Local Bookkeeping Services Lichfield (WS13)

The AAT (Association of Accounting Technicians): With fully trained members entitled to use the letters AATQB, the AAT (Association of Accounting Technicians) provides a training schedule with advanced qualifications. This promises a decent level of service to their customers which is backed by the organisation, and entitles them to become a licensed AAT bookkeeper. If a bookkeeper who's affiliated with the AAT is found to have broken the code of practice or has a complaint filed against them, they will be subject to disciplinary and tribunal procedures to safeguard the trustworthiness of aat membership.

The Institute of Certified Bookkeepers or ICB: Keeping their associated members informed about the latest trends and innovations, the Institute of Certified Bookkeepers or ICB is the largest organisation of its kind on the planet, providing accreditation to certified bookkeepers, along with reference material and training.

By viewing the register of ICB or ATT members on their respective websites, it is possible to examine the qualifications of any professional Lichfield bookkeeper. Prior to hiring any bookkeeping service in Lichfield, it is clearly a good idea to undertake these checks.

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

Book Bookkeeper in Lichfield UK

Bookkeeping services are available in Lichfield and also nearby in: Huddlesford, Hammerwich, Netherstowe, Bromley Hayes, Canwell, Streethay, Whittington Hurst, Stowe, Fisherwick Wood, Whittington, Hanch, Leamonsley, Pipehill, Wall, Hopwas, and in these postcodes WS13 6FD, WS13 6GE, WS13 6GF, WS13 6GB, WS13 6JH, WS13 6JG, WS13 6JY, WS13 6QT, WS13 6BY, WS13 6HA. Local Lichfield Bookkeepers will most likely have the telephone code 01543 and the postcode WS13. Checking this out will confirm that you are accessing local bookkeepers. Lichfield sole traders and business owners are able to benefit from these and various other similar services.

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Franchise bookkeeping Lichfield.

Lichfield Bookkeeper Tasks

Bookkeeper Tasks Lichfield

Most bookkeepers in Lichfield will be willing to offer you the following bookkeeping services: maintaining fixed asset registers in Lichfield, bookkeeping for small business in Lichfield, tax returns, charity bookkeeping Lichfield, PAYE & wages, bookkeeping for shops in Lichfield, management reports, bookkeeping services for startups Lichfield, Kashflow bookkeeping Lichfield, landlord bookkeeping Lichfield, personal tax returns Lichfield, bank reconciliations, bookkeeping for home-based businesses in Lichfield, bookkeeping services for limited companies, tax preparation, Self-Assessment tax returns Lichfield, assistance with registering for self-employment in Lichfield, bookkeeping for organisations, small business bookkeeping, partnership returns, bookkeeping services for charities in Lichfield, bookkeeping services for pubs, professional bookkeeping services Lichfield, independent bookkeeping services, cash flow analysis in Lichfield, bookkeeping services, bookkeeping and accounting, bookkeeping and accounting services, and more. Listed are just a small portion of the tasks that are conducted by local bookkeepers. Lichfield companies will keep you informed about their full range of bookkeeping services. If there happen to be additional Lichfield bookkeeper requirements that you want but cannot see here, you can easily mention them on the QUOTE FORM provided. We'll be in touch with information just as soon as we can.

Lichfield Bookkeeper Questions

Lichfield Bookkeeping Questions

The other week I was looking at the kinds of questions that folks in Lichfield ask with regards to bookkeepers. A number of our visitors posted noteworthy questions that I thought would be worth a mention here. The best ones appeared to be, Where can I hire a bookkeeper in Lichfield? Should I use a bookkeeper or an accountant? Why is bookkeeping important to any business in Lichfield? What are the benefits of a bookkeeper? Can you do bookkeeping without a licence? What are a bookkeeper's duties? How much do bookkeepers charge? Which bookkeeper certification is best? Can anyone do bookkeeping? I hope the majority of those enquiries have been answered somewhere on this webpage, and if that is not the case a bookkeeping "Questions and Answers" section is presently being introduced. Thankyou to Felix Simpson, Lukas Saunders, Raymond Jennings and Josephine Dale, for posing these questions. We were also delighted to receive associated queries from Adriana Bryan in Netherstowe, Ryker Wild in Streethay and Adalyn Firth in Stowe.

Bookkeeping Enquiries Staffordshire

Bookkeeping Enquiries Staffordshire

Current Staffordshire bookkeeping enquiries: Levi Bruce in Pattingham, Staffordshire was enquiring about a bookkeeper for his bricklaying business. Harmony Stubbs in Horninglow was searching for a bookkeeper to do her tax returns. Aubrey Oldfield from Draycott in the Clay was interested in bookkeeping for his online business. Hector Linley from Kingsley asked "are there any good bookkeepers near me?". Iona Doble from Fulford, Staffordshire was searching for bookkeeping for her french lessons business. Jovan Finlay from Wheaton Aston was interested in a bookkeeper to do his tax returns. Andrei Haddock in Huntington, Staffordshire was trying to find bookkeeping for his soccer club. Aleeza Elliot in Loggerheads was hunting for bookkeeping for her nail salon. Most of these local customers searched for "Bookkeepers Staffordshire" and located this page on Bing, Google or Yahoo.


Bookkeepers Near Lichfield

Also find: Pipehill bookkeepers, Fisherwick Wood bookkeepers, Whittington bookkeepers, Whittington Hurst bookkeepers, Hammerwich bookkeepers, Leamonsley bookkeepers, Bromley Hayes bookkeepers, Canwell bookkeepers, Huddlesford bookkeepers, Stowe bookkeepers, Streethay bookkeepers, Hopwas bookkeepers, Hanch bookkeepers, Wall bookkeepers, Netherstowe bookkeeper and more. Most of these locations are covered by local bookeepers. Lichfield residents can get pricing for bookkeeping services by going here.

Bookkeeping Services Lichfield

Find a Bookkeeper in Lichfield Here
Lichfield Bookkeeping Services (01543)
  • Lichfield PAYE Wages and CIS
  • Lichfield VAT Returns
  • Lichfield Small Business Bookkeeping
  • Lichfield Payroll Services
  • Lichfield Cheap Bookkeeping
  • Lichfield Self-Assessment Bookkeeping
  • Lichfield Tax Returns
  • Lichfield Profit and Loss Reporting
  • Lichfield Cash Flow Management
  • Lichfield Tax Preparation
  • Lichfield Sole Trader Bookkeeping
  • Lichfield Bank Reconciliations
  • Lichfield Credit Control
  • Lichfield Double-Entry Bookkeeping

Bookkeepers Around Lichfield: People who live in the following Lichfield streets and areas have recently requested bookkeeping services - Spring Road, Birch Grove, Bore Street, Bird Street, Siddons Close, St Michael Road, Booth Close, Swan Mews, Curlew Close, Chester Close, Cedar Close, Churchill Road, Birchwood Road, The Paddock, Copperfields, Cathedral Rise, Brook Close, The Charters, Buckingham Gardens, Derby Road, Croxall Road, Cornfield Drive, Terry Close, Britannia Way, St Johns Drive, The Pines, Dyott Avenue, as well as the following local Lichfield postcodes: WS13 6FD, WS13 6GE, WS13 6GF, WS13 6GB, WS13 6JH, WS13 6JG, WS13 6JY, WS13 6QT, WS13 6BY, WS13 6HA.

If you would like to get local info on Lichfield, Staffordshire click here

Bookkeepers in WS13 area, 01543.

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(This bookkeepers Lichfield content was updated on 25-01-2023)