Customer & Supplier Transactions
- Recording customer and supplier invoices and credit notes
- Creating customer invoices and sending them directly to customers
- Sending advice of remittances to suppliers
'Easier to keep track of your invoices and associated queries - Saving you time.'
Credit Control
- Providing outstanding debtor and creditor reports
- Sending out invoice reminders to customers
'Helps you to manage your debtors and creditors effectively, optimising your cash flow'
Bank & Credit Card Transactions
- Recording bank, credit card and petty cash transactions
- Carrying out monthly reconciliations
'Avoids transactions and allowable expenses being missed, helping you to pay the correct amount of tax and ensuring your books reflect an accurate picture of the current status of your business'
VAT Returns
- Recording the VAT aspect of any transactions
- Reconciling and Submitting your VAT returns
'Takes away the stress of dealing with VAT and ensures your VAT transactions are recorded accurately and the returns are submitted correctly'
Self Assessment Tax Returns
- Completion and submission of your personal self assessment tax return
'Takes away the stress of dealing with your tax returns and ensures they are completed correctly, avoiding incorrect payment of taxes and potential fines and penalties from the HMRC'
Management Accounts
- Preparation and provision of standard or customised management reports at an agreed frequency.
'Keeps you up-to-date on your business' performance, highlights any potential issues and enables you to make informed decisions'
Year-End
- Year-end adjustments for depreciation, accruals and prepayments
- Preparation of final accounts - Profit & Loss Account, Balance Sheet and Trial Balance
- Filed statutory accounts and corporation tax returns for very small companies (micro-entities)
'Good record keeping ensures proper controls are in place for dealing with HMRC enquiries and compliance visits. Provides sole traders with the necessary information for their tax returns, incorporated businesses with either a complete set of statutory accounts and corporation tax return or for the larger companies, a set of draft accounts ready to hand over to their Accountants'
Fixed Asset Register
- Maintaining a detailed record of your fixed assets.
'Keeps the necessary information to hand for calculating depreciation, selling assets and for tax purposes'
Contact Nicky at Beeline Bookkeeping for a no-obligation chat about how she can help you with your business.