Quality Bookkeeping

What Is Bookkeeping?

Bookkeeping is the process of keeping the records of your business’s financial activities: it records the money coming in and the money going out; for what reason or purposes; from who and to whom, i.e. your clients or suppliers.

However, you might not be paying your supplier on the same day you receive their invoice and similarly your client might not be paying you on the same day as when you sent them your invoice. Bookkeeping also keeps a track of who owes you money and to whom you owe money to. Only when all the records (bookkeeping process) are done correctly can you see the correct result – which is your Profit and Loss report or financial statement.

At Penny’s Bookkeeping Services, we understand the importance of accurate bookkeeping. We also know that it can be a time-consuming and complicated task, which is why we offer affordable, UK-based bookkeeping services. Our team of certified professionals will work with you to ensure that your books are kept up-to-date and compliant with all legal requirements. We can also help with your invoicing, year-end accounts, and other financial tasks. Trust us to take care of your bookkeeping so that you can focus on running your business.

Why Choose Penny’s Bookkeeping Services?

We take our bookkeeping processes very seriously because without good data going in, there is no hope of a good financial report at year end. With our quality bookkeeping services, we will ensure that all of your financial activities are correctly captured for the purpose of your year-end tax return or quarterly VAT return. We will reconcile all your bank accounts to make sure nothing is missed out. Your actual money movement will be recorded into your accounting records. Management Accounts can be made available to assist business decision-making.

If you’re looking for real-time bookkeeping services, you’ve come to the right place. Our dedicated bookkeepers are responsive and always available to help you organise your finances. We’ll make sure all your documents are filed correctly and on time, so you can focus on running your business. With our online bookkeeping services, you’ll have peace of mind knowing that your finances are in good hands. Contact us today to learn more about how we can help you.