At Sandwell Accountancy Services, we provide accurate and reliable book-keeping services to businesses and private individuals in the Black Country, Birmingham and across the West Midlands. You can bring your paperwork to us for ongoing management of your accounts. We are happy to balance your books either on a weekly or monthly basis, depending on your preferences. We also offer:
ACCOUNTS
ANNUAL TAX RETURNS & TAXATION
FINANCIAL PLANNING & BUSINESS STARTUPS
PAYROLL
VAT RETURNS
COMPANY SECRETARIAL DUTIES
We Will Deal with HMRC Queries for You
When you employ the team at Sandwell Accountancy Services, you can leave all HMRC queries to us. Part of our book-keeping services includes becoming the first point of call for HMRC investigations and queries. We have been providing exceptional service for over 45 years. We take great pride in providing personal, professional service at competitive rates.
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Talk to us today about how our services can simplify your book-keeping.
Give us a call on 01384 569 197.
What is bookkeeping and why is it so important for small businesses?
Anyone who runs a small business will understand the necessity of bookkeeping. Whatever the size of your company, keeping effective financial records is not only essential for compliance reasons but also helps you make better financial decisions. Accurate bookkeeping can make a significant difference to the overall performance of your business.
Bookkeeping is the process through which financial transactions within a business are tracked and recorded. It allows business owners to see where money is coming from and how it’s being spent.
Whether you’re a farmer, a shop owner a tradesperson or run a multi-national company, many of the principles and practices of bookkeeping will be vital to the efficient running of your business.
What does a bookkeeper do?
Bookkeepers are responsible for recording and tracking the financial transactions of a business on a daily basis. They will also perform a range of wider tasks, such as paying bills, preparing tax returns, monitoring key performance indicators, and preparing reports that illustrate how the business is performing. A bookkeeper may also provide strategic advice about financial decision-making.
What is double-entry bookkeeping?
Double-entry bookkeeping is a system of accounting for financial transactions that have been used for hundreds of years. It underpins every cloud-based bookkeeping system, banking system and reporting system used by businesses globally.
Why is it so important?
Bookkeeping is essential for your business for a variety of reasons. Firstly, it helps to measure performance and can analyse transactions to see where money is being spent and where it’s coming from. Bookkeeping is also essential to help you prepare your tax return in an accurate and timely manner.
In short, bookkeeping helps you stay organised and on top of your business.
Should you hire a professional bookkeeper?
There is a growing range of different bookkeeping services available, from online services and basic personal bookkeeping to more involved and comprehensive services.
If you’re looking for an efficient bookkeeping service that not only ensures you meet your regulatory and taxation requirements but can also add value to your business, then you need to work with a professional bookkeeper.
Choose Sandwell Accountancy Services today
At Sandwell Accountancy Services, we provide accurate and reliable bookkeeping services to businesses and private individuals in the Black Country, Birmingham and across the West Midlands.
We can provide ongoing management of your accounts and can balance your books either on a weekly or monthly basis, depending on your preferences. We also offer tax returns, payroll and financial planning services.
Contact our expert team today to find out more about our services and how we can help your business. Alternatively give us a call on 01384 569197.