BOOKKEEPING Smart bookkeeping solutions for your business...
We offer a tailored bookkeeping service to suit most requirements, so you can get on with the important parts of running your business.
Bookkeeping for every business
Most business owners hate bookkeeping and we know you would much rather be out there making money and growing your business.
Unfortunately, it’s a necessity that has to be done otherwise “The Tax Man” will be on your case.
As a part of the service, we offer we take you through a list of the most common tax deductible expenses meaning that you can claim every penny possible against your tax bills and keep more of your money.
We use industy leading software
We use an industry-leading cloud accounting system with a range of benefits to you:
- 24/7 access to your financial records and reports
- Up to date, real-time information
- Peace of mind knowing your sensitive data is backed up and secure
- Reduced accountancy fees
- Help to run and grow your business from experts
- Easier invoicing and quicker cash collection
As a part of our packages, we offer unlimited telephone and email support, so you can call us at any time knowing that you won’t be charged for our time or advice. Of course, if there are any issues raised that require additional research or analysis, we will give you a fixed price quotation meaning you will never be faced with an unexpected bill.
Do you need a bookkeeper?
If you are short for time, do not enjoy working with numbers or just do not know where to start, you are not alone. Having a bookkeeper can save you a lot of time even if you do think it is easy enough to do yourself.
A bookkeeper will help with day-to-day jobs within your business. Bookkeepers can ensure new payroll information is correct, send invoices out, chase payments, pay bills, track expenses and ensure that all expenses are recorded correctly. Bookkeepers can use software like Xero, Sage or QuickBooks or your own system and even Excel.
What will a bookkeeper do for your business?
A bookkeeper will help you to process paperwork and returns on time to ensure you are following rules and regulations. They may even help you save money in the long run not only by cutting the time of your bookkeeping routines but also by knowing what you can claim.
If you are unsure on the wording, then a bookkeeper can help you understand much faster than you having to research yourself.
Two pairs of eyes are better than one – a bookkeeper will help to double check your paperwork and figures to ensure that you are acting on accurate information.
If you use a bookkeeper you will always be able to understand where you stand financially and ensure you can make business decisions based on appropriate information that is up to date, accurate and relevant.
A bookkeeper will ensure you are always prepared for a HMRC audit as they will ensure you have a solid ‘paper trail’ of evidence that is easily accessible.
Do you need a bookkeeper or an accountant?
This comes down to the size of your business and a matter of personal preference. An accountant will look at the information a bookkeeper provides so you could argue that you need a bookkeeper first.
Smaller businesses often have 1 person to do all their bookkeeping and accounting whereas larger business often have a bookkeeper and an accountant as the quantity of work is much higher.
Roles of a bookkeeper
- Day to day bookkeeping (invoicing, paying bills, processing purchase invoices and supplier statements etc.)
- Financial accounts for sole traders and partnerships
- Accounts preparation for sole traders and partnerships
- VAT and VAT returns
- Making Tax Digital (computerised accountancy systems)
Why should you use Codex Absolute as your bookkeeper?
Codex Absolute is a one stop shop for all your bookkeeping and accountancy needs. At Codex Absolute we can cover every area of your financial needs and answer any questions you may have saving you time and money as we can do the whole process for you.
We have a range of clients from small one-man bands to large limited company’s and can help you and your business grow and progress helping you make informed decision based on facts and accurate data.