Bookkeepers London

London Bookkeeping Services

Bookkeepers London Greater London (SW1): Regardless of whether you are a sole trader, own a small business or run an online store in London, you are responsible for keeping accurate, "true and fair" financial and accounting records for at least 6 yrs in accordance with the Companies Act. If you can't produce these records, you may face disqualification as a Company Director and get a fine of thousands of pounds. It can pay you to use a professional accountant or bookkeeping company to accomplish this for you, as according to Accounting Today over 40% of small business owners spend over eighty hours every year doing their bookkeeping duties, which is a significant time investment, and may be better spent on your key business activities.

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If you're filled with a sense of dread just thinking about compiling balance sheets, writing ledgers, tracking liabilities and assets or creating profit, loss and financial statements, then the time to contact a bookkeeper in London for guidance has arrived.


Bookkeepers London Greater London (SW1)

A common question that's asked by most small business owners in London is "Exactly what is the distinction between an accountant and a bookkeeper?" The truth is that while in past times many accountants considered the task of bookkeeping to be beneath their experience, qualifications and skill-sets, a lot of accountancy firms in London will now take on most bookkeeping duties, due to significant software improvements over the past decade or so. Most accounting firms now charge a flat rate for bookkeeping services, to keep them commensurate with what a dedicated bookkeeper in London would generally charge. This is fantastic news for business owners as it provides a broader range of competition within the industry and can make the cost of your bookkeeping more affordable than previously imagined.

The standard of training and qualification that's necessary is the biggest difference between a bookkeeper and an accountant. An accountant will, at a minimum, hold an accounting degree, and will have also had further training in business and fiscal management, and taxes. A bookkeeper in London will undoubtedly have a decent understanding of these fiscal procedures, but might not have the same levels of training and experience, or hold these qualifications.


Essentially, the bookkeeping process is to record the daily transactions (financial) of any business or enterprise in London. This can include;

  • VAT submissions and recording.
  • Documenting of all financial incomings; electronic, card and cash payments included.
  • Highlighting and rectifying any discrepancies in the financial accounts.
  • Billing of clients for goods or work completed.
  • Ensuring accounting and double-entry bookkeeping practices are followed at all times.
  • Monthly reporting and reconciliation.
  • Payroll services.
  • Documenting the receipt of invoices and ensuring payment is completed punctually.
Bookkeeping London UK (020)

Depending on the level of service you require, a professional bookkeeper might just be needed to periodically double-check your records, if you're willing to undertake the majority of your own bookkeeping work. As a bare minimum this should really be done on a monthly basis, to enable the rapid detection and rectification of any mistakes or problems. If it is possible to stay in control of your day to day trading and financial transactions, this trade-off can often be the most economical solution.

If you are seriously looking at hiring a bookkeeping company in London, whatever your situation is, it is fairly likely that you might be stressed with your tax and financial procedures. Offering assistance with everything from stocktaking, producing expense reports and invoicing, a professional bookkeeper will also be able to walk you through the process of linking your accounts with the most suitable software application to facilitate the seamless processing of your business's data.

Bookkeeping Enquiries in London Greater London

An especially important aspect of a good bookkeeper is being able to reconcile accounts payable with cash flow. Which means that by organising the payment of bills to times when your accounts are buoyant and in good order, your bookkeeper will avoid the mistake that many small businesses are guilty of i.e. paying an outstanding bill right away, or waiting on an overdue notice. This does not just keep you in the good books of suppliers and those businesses who supply you with services, but also makes sure that your business or enterprise is financially stable. When you're inevitably focussed on the smooth running of your business, this is a juggling act that you may find hard to perform as an individual.

Bookkeeper Near London Greater London

For your small business enterprise, or if you are a sole trader, using a professional bookkeeper in London, gives you the opportunity to have an independent eye cast over your business affairs. It might be that business patterns and trends that you have overlooked could thus be brought to the fore. A scenario where a smart bookkeeper flags an area which is decreasing in profits, or spots an opportunity that could be worthwhile, is by no means an unusual occurrence. For powering growth in any small business in London, it is important that these key performance indicators are spotted early.

If your business sends out invoices it can often be uncomfortable to pursue a late payment. Having somebody from outside your business situation, can take the embarrassment away from making that phone call or visit to your customers. A bookkeeper can employ legal methods to take care of a repeating late payer, and without the need for court proceedings, help to clear up the issue.


The legal bookkeeping requirements for a sole trader, are comparatively straightforward and simple. This involves retaining all invoices and receipts relating to the business, and keeping track of income and expenditure from month to month. It's still recommended that you retain the expert services of a bookkeeper, even though this might at first sound simple. A dedicated sole trader bookkeeper in London can advise you on what you might be able to claim back from HMRC as business expenses. This may include consumables, stationery goods, items such as computers, promotional advertising and rent and bills if working from home. For more comprehensive advice, speak to your local bookkeeper, and discover how they may be able to help your small business to thrive and grow moving forward.


Bookkeeping Services London

There are niche areas in bookkeeping where a specialist may be needed. For instance, if you run an online store, you will be better off employing a bookkeeper in London who is familiar with online payments, multi-currency processing, cross-border and international taxes and exchange rate transfers. If that same outlet sells goods you produce or hold, then supervising your inventory and stock on a 24 hours a day basis is an important priority, after all the internet never sleeps, therefore neither should your bookkeeping services and software.

A remote virtual office can also be provided together with bookkeeping service. This allows a sole trader or online only business to have a telephone service and postal address to provide a physical link with their customers. It is certainly worth discussing this possibility if it is something that could benefit you, although not all London bookkeeping businesses will supply this service.


It's not mandatory for a qualified London bookkeeper to hold a degree, and many of the bookkeeping qualifications are held at Diploma and Certificate level. If the preferred route to qualification is via further education universities and colleges, this is still a possibility, although there there is a range of online bookkeeping courses.

There are essentially two principal organisations that provide training and certification for bookkeepers:

Local Bookkeeping Services London (SW1)

The ICB or Institute of Certified Bookkeepers: The largest organisation of its kind on the planet is the the Institute of Certified Bookkeepers or ICB, and it offers accreditation to bookkeepers, together with training and reference material to keep their members up-to-speed with the latest trends and innovations.

The Association of Accounting Technicians (AAT): With fully certified bookkeepers being able to use the letters AATQB, the AAT (Association of Accounting Technicians) provides advanced qualifications and a training schedule. This promises a minimum standard of service to their clients which is backed up by the organisation, and allows them to become a certified AAT bookkeeper. To safeguard the credibility of the AAT, if an AAT bookkeeper has a complaint against them or is found to have breached the code of practice they will be subject to disciplinary and tribunal processes.

By visiting their websites, it is possible to check out the register of ICB or ATT members, to verify the qualifications of any London bookkeeper. Before you employ any bookkeeper in London it is advised to perform this check.

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

Book Bookkeeper in London UK

Bookkeeping services are available for people living in in London and also nearby in: Greenwich, Camden, Waltham Forest, Haringey, Croydon, Barnet, Havering, Hounslow, Bexley, Southwark, Brent, Islington, Hackney, Kingston upon Thames, Bromley, and in these postcodes NW1 4SJ, EC4Y 9BW, NW1 5DL, NW1 4QU, NW1 4QA, NW1 4GD, NW1 5BZ, EC4Y 9BR, NW1 4RG, NW1 5GG. Locally based London bookkeeper services will probably have the phone code 020 and the postcode SW1. Checking this out should ensure you're accessing local bookkeepers. London sole traders and business owners can utilise these and various other comparable services.

Bookkeeping London - Outsourcing Options

All businesses in London should understand the significance of bookkeeping. It helps business people monitor their payables/receivables, the money left in their bank, the total value of their assets and liabilities, and so forth. With the owner of the business having to deal with a lot of concerns and issues while operating a business, the task of carrying out the bookkeeping is often outsourced to a bookkeeping company or freelance bookkeepers in London.

Outsourcing Bookkeeping

If a company in London hires a bookkeeper in order to join their ranks, the company will need to spend a substantial amount of money in training the person for the purpose of doing the bookkeeping tasks. In addition to that, there is no guarantee that he or she will stay after the training is completed. In that case, the company stands to lose a considerable amount of money. Apart from that, businesses will have to look for ways and means to provide benefits and incentives to keep the employee there. These are a few of the reasons behind business organisations enlisting the services of bookkeeping companies and professional bookkeepers in London.

London Bookkeeper Questions

London Bookkeeping Questions

The other day I was researching the types of questions folks ask regarding bookkeeping in London. Some of our visitors posted some fascinating questions that might be worthy of a mention here. The most germane ones seemed to be, Which bookkeeping certification is best in the UK? Can a bookkeeper become an accountant? Why choose a bookkeeper in London? Can a bookkeeper prepare tax returns? What are the advantages of an accountant over a bookkeeper? Where does a bookkeeper work? How much is bookkeeping per hour? What qualifactions are needed to be a bookkeeper? Who can be a bookkeeper? The vast majority of these queries have hopefully been addressed on this webpage, and if that is not the case a bookkeeping "Questions and Answers" feature is something we will be introducing soon. Our appreciation goes out to these folks in London for making the effort to pose these excellent questions; Thomas Wood, Enzo Brooks, Kade Hutchinson and Julia Morley. We were also grateful to get relevant questions from London Reilly in Hounslow, Ivan Hargreaves in Brent and Samantha Sutcliffe in Croydon.

Greater London Bookkeeping Enquiries

Bookkeeping Enquiries Greater London

The latest Greater London bookkeeping enquiries: Marshall Peebles in St Pancras was hunting for a bookkeeper for his construction company. Aaminah Gleave from Manor Park was enquiring about bookkeeping services for her garment company. Deborah Edge from Fitzrovia, Greater London was looking for a bookkeeper to do her Self-Assessment tax returns. Arla Stone in Crayford, Greater London was asking about bookkeeping services for her internet sales business. Cameron Alcock from Tower Hamlets, Greater London was asking about bookkeeping services for his golf club. Lilly-Rose Bell in Botany Bay was searching for bookkeeping for her tea shop. Enoch Kell from West Hendon, Greater London was asking about bookkeeping for his book club. Mariella Maddocks was in need of a bookkeeper for her online marketing business located in Coulsdon. All of these local clients did a search for "Bookkeepers Greater London" and came across this page on either Yahoo, Bing or Google.

London Bookkeeper Tasks

Bookkeeper Tasks London

Most bookkeepers in London will be able to provide you with the following accounting and bookkeeping services: bookkeeping for home-based businesses, tax returns in London, tax preparation, bookkeeping services for shops, corporation tax returns, personal tax returns London, bookkeeping for charities, management accounts London, credit control, assistance with registering for self-employment in London, management reports, bookkeeping for freelancers London, bookkeeping for restaurants, profit & loss reports in London, invoice processing, bank reconciliation, professional bookkeeping services, double-entry bookkeeping, accountancy packages, bookkeeping for self-employed people, bookkeeping for clubs London, bookkeeping services for retail outlets, bookkeeping and accounting services, independent bookkeeping services, Sage bookkeeping services London, bookkeeping for pubs, bookkeeping services, payment services, wages & PAYE in London, letting agent bookkeeping London, and more. These are just an example of the tasks that are undertaken by local bookkeepers. London companies will keep you informed about their whole range of services. If there happen to be different London bookkeeper requirements that you need but can't see here, you should list them on the QUOTE FORM provided. We will get back to you with details just as soon as we are able.


Bookkeepers Near London

Also find: Southwark bookkeepers, Waltham Forest bookkeepers, Croydon bookkeepers, Havering bookkeepers, Bromley bookkeepers, Kingston upon Thames bookkeepers, Hounslow bookkeepers, Haringey bookkeepers, Barnet bookkeepers, Islington bookkeepers, Hackney bookkeepers, Brent bookkeepers, Greenwich bookkeepers, Camden bookkeepers, Bexley bookkeeper and more. All of these towns and villages are served by local bookeepers. London residents can get prices for bookkeeping services by clicking here.

Bookkeeping Services London

Find a Bookkeeper in London Here
London Bookkeeping Services (020)
  • London Invoice Processing
  • London VAT Returns
  • London Tax Preparation
  • London Self-Assessment Bookkeeping
  • London Sole Trader Bookkeeping
  • London Cash Flow Analysis
  • London PAYE Wages and CIS
  • London Double-Entry Bookkeeping
  • London Bookkeeping Quotes
  • London Cheap Bookkeeping
  • London Bookkeeping Services
  • London Tax Returns
  • London Small Business Bookkeeping
  • London Profit and Loss Analysis

Bookkeepers Around London: People living in the following London streets and areas have just recently enquired about bookkeeping services - Taft Way, Dale View Crescent, Balmoral Mews, Dacre Gardens, Sandwich Street, Dagmar Road, Caletock Way, Addison Bridge Place, Cambstone Close, Tenby Road, Sandland Street, Scandrett Street, Adam & Eve Mews, Templar Drive, Dartmouth Terrace, Sandbrook Close, Abingdon Close, Templemead Close, Acland Road, Camden Gardens, Talbot Walk, Sandy Hill Road, Tennison Road, Campbell Gordon Way, Balfern Grove, Abersham Road, Balham Grove, Dassett Road, Tarragon Grove, Daws Lane, as well as these local London postcodes: NW1 4SJ, EC4Y 9BW, NW1 5DL, NW1 4QU, NW1 4QA, NW1 4GD, NW1 5BZ, EC4Y 9BR, NW1 4RG, NW1 5GG.

More London Services: Undoubtedly, when you are in need of a bookkeeper in London, Greater London, you are likely to need all sorts of different services and together with a bookkeeper in London, Greater London, you may additionally need telephone system services in London, web design in London, card processing in London, telemarketing in London, business consulting in London, pay per click advertising in London, network, database & IT support in London, social media marketing in London, a marketing agency in London, hosting & cloud services in London, promotional video production in London, digital marketing services in London, financial advice in London, EPOS in London, an accountant in London, HR consulting in London, Ecommerce assistance in London, and other different London specialists.

To obtain local information relating to London, Greater London take a look here

Bookkeepers in SW1 area, phone code 020.

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(This bookkeepers London content was successfully updated on 26-08-2022)