Although this can be a very time consuming process it is actually a legal requirement to keep accurate records of all your business transactions. Failure to do so can result in financial penalties from HM Revenue and Customs.
At Columb and Gosling Accountants we realise that your time is better spent growing your business and not sitting in front of a computer for hours collating paperwork and hundreds of receipts.
For this reason we can help in several ways:
- Advise on methods of record keeping
- Help you set up Kashflow software to manage your bookkeeping online (an additional licence is required)
- Complete your bookkeeping in house for you