What Does A Bookkeeper Actually Do?
Put simply – a good bookkeeper will accurately maintain the financial records for your business in an efficient manner in a way that you may not have the knowledge or the time to do properly yourself.
A bookkeeper would work closely with your accountant providing him/her with a finished complete “set of books” at the end of your accounting year so that the accountant can prepare your accounts with confidence.
This is their job, they do it every day. A good bookkeeper will also ensure that you are compliant with the many rules and regulations that apply to running your business. Rules change every budget, good bookkeepers make it their business to keep up with rules and regulations and keep their professional knowledge up to date.
A bookkeeper will use your “books” to prepare your VAT returns (where appropriate) and ensure that you are claiming everything you can within the law.
A bookkeeper will manage your cash, reconcile your bank transactions, ensure you have been paid for invoices issued and categorise all of your capital and revenue costs in the right place. This will free you to concentrate on what you do best, running your business.
Another benefit you could find is that because they have other clients in many fields they will have some knowledge on the pricing of things like insurance and banking or other common items and could save you money in these areas as well.
At CC Associates we are members of the Institute of Certified Bookkeepers and the Association of Accounting Technicians, we are regulated and monitored to ensure our knowledge is kept up to date. We provide bookkeeping services for many clients on a monthly, quarterly or even weekly basis.
Contact us for a free consultation and see how we can help you.
Tel 01656 729488