Bookkeepers South Shields

South Shields Bookkeeping Services

Bookkeepers South Shields Tyne and Wear (NE33): In accordance with the Companies Act (2006), if you are a sole trader, run an online store or operate a small business in South Shields, you are responsible for keeping "true and fair", accurate financial and accounting records for at least 6 years. You may be disqualified as a Company Director and face thousands of pounds in fines, if you're unable to produce this information. You can undertake these financial records on your own, yet when you think about the fact that according to Accounting Today over forty percent of small businesses spend at least 80 hours each year doing their accounts, it can be more cost-effective to use a professional bookkeeping service or accountant.

Free South Shields Bookkeepers Quotes

If you're filled with panic just thinking about tracking liabilities and assets, compiling balance sheets, writing out ledgers or creating profit, loss and fiscal reports, then the time to get in touch with a bookkeeper in South Shields for advice has arrived.


Bookkeepers South Shields Tyne and Wear (NE33)

A frequent question that's asked by many business owners in South Shields is "What exactly is the distinction between an accountant and a bookkeeper?" The truth is that while in the past a lot of accountants considered the task of bookkeeping to be beneath their qualifications, skill set and experience, many accountancy firms in the South Shields area will now take on the task of bookkeeping, because of software developments over the past 10 yrs or so. It is fairly common for accountancy companies to charge a flat rate for bookkeeping services in keeping with a typical bookkeeper's fee. This is excellent news for business owners in South Shields as it generates a wider range of competition within this sector and can make your bookkeeping costs much more affordable than previously imagined.

The biggest difference of an accountant over a bookkeeper is the level of training and qualification that is necessary. Usually holding an accounting degree, a professional accountant should also have had training in tax matters and additional qualifications in business and fiscal management. Although not necessarily holding the same financial qualifications, or having this level of experience and training, a bookkeeper in South Shields will still have a fair grasp of all these fiscal disciplines.


In the simplest of terms, bookkeeping involves the careful recording of day by day transactions (financial) of any enterprise or business in South Shields. This may include;

  • VAT recording and submissions.
  • Ensuring accounting and double-entry bookkeeping practices are followed.
  • Payroll services.
  • Billing of clients for work completed or goods.
  • Logging of all financial incomings; cash, electronic and card payments included.
  • Monthly reconciliation and reporting.
  • Documenting invoices received and making certain that payment is completed punctually.
  • Highlighting any discrepancies in the financial accounts and rectifying them.
Bookkeeping South Shields UK (0191)

Whilst it is dependent on the extent of the service you're interested in, if you are happy to undertake the majority of your own bookkeeping work, a bookkeeper may only be needed to double check your accounts periodically. This needs to be every month at the bare minimum, since this allows for any mistakes or problems to be detected and amended quickly. This compromise can sometimes be the most cost effective if you're able to stay on top of your day to day trading and financial transactions.

Whatever the scenario is with your small business, if you're seriously thinking of hiring a bookkeeper in South Shields, it's fairly likely that you could be having problems with the process of recording your financial details. A good bookkeeping company will be able to help you to link your business accounts with the most suitable computer software to enable the seamless arrangement of financial data, and will provide advice and guidance on such things as invoicing, stocktaking and creating expense reports.

Bookkeeping Enquiries in South Shields Tyne and Wear

An especially crucial element of good bookkeeping is the ability to reconcile cash flow with accounts payable. This means that rather than waiting for a final notice, which many small businesses in South Shields are guilty of at some time or other, or paying an outstanding bill right away, your bookkeeper will arrange the payment of bills to a time when your finances are in good shape and buoyant. This does not just keep you in good stead with suppliers and those who supply you with services, but also makes certain that your business or enterprise is financially sound. This is a balancing act that can be difficult to accomplish as an individual when you're mainly focussed on running your business.

Bookkeeper Near South Shields Tyne and Wear

Using a qualified bookkeeper in South Shields, for your small business or if you are a sole trader also gives them the chance to cast an eagle eye over your business finances. Business patterns and trends that you might have disregarded may be highlighted by this type of impartial evaluation. A bookkeeper identifying a brand new opportunity or flagging an area of the business which is falling in profits, is not at all unusual. For enabling growth in any business enterprise in South Shields, it is crucial that these KPI's (key performance indicators) are spotted early on.

It can sometimes be embarrassing to chase up a late payment if your company sends out invoices. Some of that awkwardness can be removed by having somebody outside your normal business situation make that telephone call or visit to your customer. A bookkeeper can use legal procedures to handle a persistent late payer, and without having to resort to a claims court proceeding, help to clear up the situation.


The bookkeeping requirements for a sole trader, as laid out by law, are pretty straightforward and easily understood. This involves keeping all receipts and invoices in relation to the business, and keeping a record of income and expenditure on a monthly basis. Whilst this might at first sound simple it is still recommended that you hire the expert services of a bookkeeping company. So that you will be able to claim back genuine business expenses from HMRC, a specialist sole trader bookkeeper in South Shields can give you advice on what you must do. This might include advertising expenses, items such as computers, rent and bills if working from home, stationery goods and printer ink. To discover how to help your small business grow, talk to your local bookkeeper for more comprehensive guidance and advice.


Bookkeeping Services South Shields

Certain businesses that work in niche markets, may need to retain the services of a specialised bookkeeper. You'll need a bookkeeper in South Shields who's familiar with exchange rate transfers, international and cross-border taxes, online payment procedures and multi-currency processing, if you run a store online for instance. As the internet doesn't sleep, if the same outlet sells goods you hold or produce then keeping track of your inventory and stock on a 24/7 basis is an important concern which will need to be managed.

It is also possible to provide a remote virtual office, that can be utilised together with your bookkeeping services and package. This allows a sole trader or online only business to provide a physical connection to their buyers, via a telephone service and postal address. If this type of service could be helpful, it is certainly worth discussing, although this option won't be supplied by all bookkeepers in South Shields.


A number of the bookkeeping industry qualifications are at Diploma or Certificate level, and it's not necessary for a certified bookkeeper in South Shields to hold an accounting degree. Although there are an ever-growing selection of online courses available, bookkeeping qualifications can still be obtained via further education colleges and universities, if that's the preferred route.

There are 2 principal training and certification organisations representing bookkeepers:

Local Bookkeeping Services South Shields (NE33)

The AAT or Association of Accounting Technicians: The Association of Accounting Technicians (AAT) provides advanced qualifications and a training schedule allowing a fully trained bookkeeper to use the letters AATQB. They're then permitted to become certified AAT bookkeepers, which assures their clients a high level of service which is backed up by the association. If a bookkeeper who's affiliated with the AAT has a complaint against them or is found to have broken the code of practice they will be liable to disciplinary and tribunal procedures to safeguard the values and integrity of the AAT membership.

The Institute of Certified Bookkeepers or ICB: The ICB or Institute of Certified Bookkeepers is the largest in the world and provides accreditation to qualified bookkeepers, along with training and reference material to keep their associated members up-to-date.

By visiting their respective websites, you are able to inspect the register of AAT or ICB members, to verify the accreditations of any South Shields bookkeeper. Before using the services of any local bookkeeper in South Shields it is a good idea to carry out this check.

(Tags: Bookkeeping Service South Shields, Bookkeeping Accountants South Shields, Bookkeeping Services South Shields, Bookkeeper South Shields, Bookkeepers South Shields)

Book Bookkeeper in South Shields UK

Bookkeeping services are available for those living in in South Shields and also nearby in: Whitburn, Fulwell, Marsden, Primrose, Monkwearmouth, Horsley Hill, West Boldon, East Boldon, West Harton, Jarrow, Westoe, Cleadon, Seaburn, Boldon Colliery, Harton, West Park, Simonside, and in these postcodes NE33 1TH, NE33 1TT, NE33 1RN, NE33 2EX, NE33 1HW, NE33 2AA, NE33 1BN, NE33 1HT, NE33 1LW, NE33 1BB. Locally based South Shields Bookkeepers will likely have the dialling code 0191 and the postcode NE33. Checking this out should confirm that you access local bookkeepers. South Shields sole traders and business owners will be able to benefit from these and various other bookkeeping related services.

Outsourced Bookkeeping South Shields

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

Outsourcing Bookkeeping

If a company in South Shields 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 professional bookkeepers and bookkeeping companies in South Shields.

These professional bookkeeping companies in South Shields should be able to customise their bookkeeping services with that of the client company's existing bookkeeping system. They should be able to ask for assistance from these bookkeepers as and when they need the required back-up and support.

South Shields Bookkeeper Tasks

Bookkeeper Tasks South Shields

Most South Shields bookkeepers will be willing to provide you with the following bookkeeping and accounting services: bookkeeping services for startups, profit & loss reports in South Shields, professional bookkeeping services, VAT returns in South Shields, cash books, Self-Assessment tax returns, personal tax returns South Shields, cheap bookkeeping services in South Shields, maintaining fixed asset registers in South Shields, bookkeeping for self-employed, small business bookkeeping, letting agent bookkeeping South Shields, bookkeeping services for retail outlets, partnership returns, accountancy packages in South Shields, bookkeeping for freelancers South Shields, corporation tax returns, bookkeeping services for small businesses South Shields, bookkeeping rates, landlord bookkeeping South Shields, Quickbook bookkeeping services, mobile bookkeeping services, management accounts, credit control, bookkeeping services for limited companies, independent bookkeeping services South Shields, management reports in South Shields, bookkeeping and accounting South Shields, bookkeeping for tradesmen, charity bookkeeping South Shields, and more. Listed are just some of the duties that are performed by local bookkeepers. South Shields companies will keep you informed about their full range of services. If there are different South Shields bookkeeper requirements that you want but don't see here, you can mention them on the QUOTE FORM provided. We'll be in touch with information just as soon as we are able.

Tyne and Wear Bookkeeper

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In the Tyne and Wear area you will likewise discover: Blaydon on Tyne bookkeeping, Ryton bookkeeping services, Cullercoats bookkeeping, Burdon bookkeeping, Blaydon bookkeepers, Hazlerigg bookkeeping accountants, Crawcrook accounts services, Cullercoats bookkeeper, Shiremoor bookkeeping, Penshaw bookkeeping, Whickham accounts services, Lobley Hill bookkeepers, Brunswick bookkeeper, Sheriff Hill bookkeeping services, Backworth bookkeeper, North Gosforth accounts services, Shiremoor bookkeeping services, Forest Hall bookkeeping accountants, Rowlands Gill bookkeeping services, Low Fell bookkeeping services, Newburn bookkeeping services, North Shields bookkeeper, Sunniside bookkeeping, Ryton bookkeeping accountants, Killingworth bookkeepers, Forest Hall bookkeeper, Whickham bookkeepers, Lamesley bookkeeper, Hebburn bookkeeping, Blaydon on Tyne bookkeeping accountants. All throughout Tyne and Wear you will be able to find bookkeepers who will provide you with quality services for your security needs. If you can't identify the perfect bookkeeper in South Shields itself then you will surely be able to uncover one someplace nearby.

South Shields Bookkeeper Questions

South Shields Bookkeeping Questions

Over the last couple of days I've been looking at the sorts of questions that people in South Shields ask on the subject of bookkeeping. A few of our visitors put forward some insightful enquiries that I considered to be applicable to this discussion. Those which stuck out are, When is single-entry bookkeeping used? Should I use a bookkeeper or an accountant? Why is bookkeeping important to any business in South Shields? Which bookkeeping certification is best in the UK? Bookkeepers - what do they do? What does bookkeeping entail? What are the benefits to hiring a bookkeeper? Are bookkeeping fees tax deductible? How much do bookkeeping services cost? Most of these questions have hopefully been covered in this blog post, and if not a bookkeeping "Q&A" section will be introduced in the very near future. Our gratitude goes out to Aidan Campbell, Mark Ryan, Kade Willis and Lillian Goddard from South Shields, for taking time out to present their excellent questions. We also got enquiries from Riley Norton in Fulwell, Kaleb Mcgrath in Seaburn and Kayla Marks in Horsley Hill.


Bookkeepers Near South Shields

Also find: East Boldon bookkeepers, Marsden bookkeepers, Boldon Colliery bookkeepers, Horsley Hill bookkeepers, Simonside bookkeepers, Cleadon bookkeepers, Monkwearmouth bookkeepers, Primrose bookkeepers, Harton bookkeepers, West Harton bookkeepers, Jarrow bookkeepers, Fulwell bookkeepers, Westoe bookkeepers, West Boldon bookkeepers, Seaburn bookkeepers, Whitburn bookkeepers, West Park bookkeeper and more. Most of these towns and villages are catered for by local bookeepers. South Shields people can get pricing for bookkeeping services by going here.

Bookkeeping Services South Shields

Find a Bookkeeper in South Shields Here
South Shields Bookkeeping Services (0191)
  • South Shields Tax Returns
  • South Shields Profit and Loss Reports
  • South Shields Payroll Services
  • South Shields Cheap Bookkeeping
  • South Shields Double-Entry Bookkeeping
  • South Shields Small Business Bookkeeping
  • South Shields Self-Assessment Bookkeeping
  • South Shields Bookkeeping Quotations
  • South Shields Wages and PAYE
  • South Shields Tax Preparation
  • South Shields Bookkeeping Services
  • South Shields Cash Flow Analysis
  • South Shields VAT Returns
  • South Shields Credit Control

Bookkeepers Around South Shields: People living in these nearby South Shields streets and roads have recently inquired about bookkeeping services - Back Eccleston Road, Albion Court, Salisbury Street, Suffolk Gardens, Aldwych Street, Drake Close, Ascot Gardens, Cook Close, Benton Road, Captains Wharf, Chirton Avenue, Tarragon Way, Brunswick Street, Thornholme Avenue, Sargent Avenue, Sylverton Gardens, Coble Landing, Dulverton Avenue, Titian Avenue, Bisley Drive, Sunnirise, South Close, Coxfoot Close, St Georges Avenue, Claudius Court, Bonsall Court, Steward Crescent, Colman Avenue, Swallow Tail Court, Broadfield Place, as well as these South Shields area postcodes: NE33 1TH, NE33 1TT, NE33 1RN, NE33 2EX, NE33 1HW, NE33 2AA, NE33 1BN, NE33 1HT, NE33 1LW, NE33 1BB.

South Shields Bookkeeping Jobs: Get bookkeeping jobs near South Shields here: South Shields Bookkeeping Jobs

If you're interested in local info regarding South Shields, Tyne and Wear click here

Bookkeepers in NE33 area, and dialling code 0191.

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(This bookkeepers South Shields information was edited and updated on 26-08-2022)