Bookkeeping services
for businesses
On average, micro businesses spend 15 hours a week on financial admin. That means taking time every day to review your entries and reconcile receipts and expenses!
Effective and customised
bookkeeping solutions
- Study all existing paperwork of your business and identify opportunities for efficiency
- Help you understand how the numbers work, such as how your costs can be attributed
- Review and make suggestions to enhance your internal business processes
- Use professional accounting software to record all transactions
- Track all money and goods coming in and going out
In other words, everything you need for a lawful and efficient business practice – at highly affordable rates!
What does our
bookkeeping service include?
- Complete financial statements
- Timely CIS tax submissions and VAT returns
- All source documents categorised methodically
- A dedicated project manager to oversee your account and answer any questions
- Accounts managed monthly or quarterly, as needed
- Debit/credit transactions each in their own ledger
- Complete processing of cheques, bills and bank reconciliations
Frequently Asked Questions
(FAQs)
1. What is bookkeeping?
2. What does a bookkeeper do?
A bookkeeper is in charge of maintaining and updating all of the company’s transactional accounts. They monitor all incoming and outgoing payments and ensure they’re recorded with due accuracy. They also maintain the reconciliation of the bank accounts. At Golding Accountancy, we’re proud to have a team of seasoned bookkeepers who can help your company achieve the financial prosperity it deserves. Reach out for a chat today to discuss our online bookkeeping services!
3. What happens when a business doesn’t do bookkeeping?
Without bookkeeping, a business would no longer have a clear picture of their financial visibility and be able to track cash flow projections and statements. Moreover, a failure to maintain your books of accounts could disqualify you as Company Director and lead to fines of up to £3,000. You would not be in a position to understand your tax position either. In other words, not maintaining your books of accounts could prove highly expensive!
4. What are the key elements of bookkeeping that help to manage business finances? I’m looking for comprehensive support to manage my business finances.
- Daily/weekly/monthly bookkeeping: We record all your financial transactions, categorise them accurately, and ensure your books are up-to-date.
- Bank reconciliation: We meticulously reconcile your bank statements, ensuring all transactions are accounted for and categorised correctly.
- Accounts payable and receivable: We track and manage your outstanding invoices and bills, helping you to ensure timely payments and collections.
- Software integration: We work seamlessly with popular accounting software like Xero and Dext to streamline bookkeeping.
- Financial reporting: We generate tailored financial reports that offer valuable insight into your financial health and business performance.
- Dedicated bookkeeper: You’ll have a dedicated point of contact within our team, ensuring a tailored bookkeeping solution.
5. What is the process for transitioning my current bookkeeping to Golding Accountancy?
- Data transfer: We’ll work with you to securely transfer your existing financial data to our system.
- System setup: We’ll set up your account in our cloud accounting software.
- Software integration: We can help you set up and integrate your preferred accounting software.
6. Can Golding Accountancy assist with tax preparation and filing in addition to bookkeeping?
- Tax return preparation: Our skilled tax accountants will seamlessly handle your tax return filing on time by helping you prepare ahead, ensuring accuracy so that you remain stress-free.
- Tax planning strategies: We will carefully analyse your financial situation and suggest strategies to minimise your tax liabilities legally.
- Tax authority liaison: We can manage communication with HMRC on your behalf, including filing, while ensuring compliance with tax regulations.
Why choose Golding Accountancy
for your bookkeeping services
Accurate record-keeping
You definitely don’t want mistakes in your bookkeeping. Our professional bookkeepers maintain precise financial records, giving you a clear picture of your business’s financial standing.
Regular financial updates
We don’t leave you guessing what the reports mean and provide personalised guidance to help you understand your business’s performance.
Customised reporting
We understand your business is unique. We tailor our bookkeeping service to your specific needs, offering you the information that matters most.
Efficient expense tracking
We help you to track all the money and goods coming in and going out and allow you to control costs effectively.
Compliance with regulations
Our certified accountants keep your finances compliant with tax and legal regulations, avoiding potential penalties.
Businesses that rely on our
bookkeeping services
Proof we are not
bull*****ing!
“I have used Golding Accountancy for completing my property tax each year.”
I have used Golding Accountancy for several years now to sort out my property tax. Being completely ignorant in this area I have always relied on them to help me through this minefield and explain things along the way. They always take time to answer my questions and I have been more than happy with their service over the years. Particular thanks to Anthony Burrell for his patience!
Christine Petherick
“Best accountants by far”
Ian, Anthony and the rest of the team at Golding are helpful, professional and friendly. The team have completed my self assessment each year swiftly and efficiently without a hitch, they are always on hand to answer questions and provide advice regarding my accounts. Golding has also provided help and assistance when I re-mortgaged (twice) when my mortgage advisor asked me for information I didn’t even understand. Golding Accountancy go the extra mile and I would recommend them 100% for anyone looking for an accountancy firm.
Jim Miller
“#TeamGolding”
Sean Whitelamb
“I have been using Golding
for a number of years”
I have been using Golding for a number of years and they have been excellent in all areas. I must mention particularly Anthony Burrell who has guided me through the minefields of taxation like no other. I highly recommend them.
Mr Richard King
Our wide-ranging
tech stack
Fancy a cuppa
with us?
Get in touch with Golding Accountancy for guidance on the ins and outs of accounting, taxation and financial management. Let’s hang out – it’s on us!