Bookkeeping Services Leicester
Barnstone is one of the leading Financial and Legal companies, as listed within the TimesOnLine
Love it or loath it, accurate bookkeeping is essential for any successful Business. For a tried and trusted professional bookkeeper in Leicester, choose Barnstone Accountancy today.
Why go to Barnstone Accountancy for your bookkeeping services in Leicester
Here at Barnstone Accountancy, we can provide you with the most appropriate and cost effective Bookkeeping Services, regardless of how big or small your business is. Our services range from a fully inclusive bookkeeping services where we do everything for you to supplying the tools (from software to bookkeeping templates), that will enable you to complete your bookkeeping yourself.
Barnstone can also help by ensuring that the invoices you send out to your customers get paid with the minimum of fuss and delay by providing a Credit Control Service.
To discover what Barnstone Accountancy can do to assist in your Bookkeeping requirements, please click on the links below…
Why are bookkeeping services important?
All businesses need to keep track of their income and expenses and if you don’t keep on top of your cash flow then sooner or later things will get very messy. Bookkeeping services give you a reliable measure of the performance of your business and provides valuable information that can inform your strategy going forward.
In order for you to make a success of your business, you should balance your books each and every month. If you don’t, you could find that due to lack of cash flow the very things that your business needs to continue trading, such as stock resupply, rent for your premises or even your liabilities to HMRC, go unpaid.
For reliable bookkeeping services in Leicester that take the stress and worry out of balancing your books, contact Barnstone Accountancy today. We can provide full bookkeeping services that can ensure your business and its expenses are kept up to date at all times.
No fuss, jargon free and easy to understand.
1. What’s the difference between a bookkeeper and an accountant?
A bookkeeper is responsible for recording financial transactions, maintaining accurate records, and organising financial data. They focus on day-to-day financial tasks such as recording income and expenses, reconciling accounts, and managing payroll.
An accountant will analyse financial data, prepare financial statements, provide financial advice, and help with tax planning and compliance. Accountants typically have more advanced education and certification compared to bookkeepers.
2. How often should I update my bookkeeping records?
It is recommended to update your bookkeeping records regularly, ideally on a weekly or monthly basis. By keeping your records up to date, you can create a clear overview of your financial situation, track expenses, monitor cash flow, and make informed business decisions in a timely manner.
3. What comes first, accounting or bookkeeping?
Bookkeeping comes before accounting. Bookkeeping involves recording financial transactions and organising financial data on a day-to-day basis. Once the bookkeeping process is complete, accountants use this organised financial data to analyse, interpret, and prepare financial statements, reports, and tax returns.
4. How can bookkeeping services benefit my business in Leicester?
Bookkeeping services can benefit your business in Leicester by providing accurate financial records, ensuring compliance with tax regulations and saving you valuable time and resources. Professional bookkeepers can help streamline your financial processes, reduce errors, and improve overall financial management.
5. What should I look for in a professional bookkeeper in Leicester?
When looking for a professional bookkeeper in Leicester, consider their experience, qualifications, knowledge of accounting software, attention to detail, communication skills, and reliability. You should find a bookkeeper who understands your business needs and is committed to maintaining accurate and up-to-date financial records.
6. What exactly does a bookkeeper do?
Bookkeepers are responsible for recording financial transactions, maintaining accurate records of income and expenses, reconciling accounts, managing payroll, preparing financial reports, and ensuring compliance with financial regulations. Bookkeepers play a crucial role in organising financial data, providing insights into business performance, and supporting overall financial management.