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BOOK KEEPING

FAQ

Why do I need a book keeper?

Good book keeping is essential for the maintenance of your accounts and business finances.

If you want to do your own book keeping, we can set you up and show you how to use Xero and advise with any queries or questions.

How often do I need to do my books?

By automating some processes, such as the input of bank statements and regular payments, much of the hassle of keeping your company books up to date can be removed.

Much depends on the size and scale of your business, but its generally best to keep your records as accurate and up to date as possible.

We tailor ourselves to your requirements - providing everything from support to your existing book keeper to a fully out-sourced book keeping function. You can always rely on our expert staff to help you keep your accounts in good order and fully compliant with your annual reporting requirements.

What software do you work with?

We primarily use Xero and Quickbooks for book keeping and accounting and can easily integrate these with your online banking and point of sale packages such as SumUp, Square and Shopify.

We can provide training for you and your staff on how to use or set up these packages as required.

Keeping up to date records is essential for the management of any business.

Using the Xero accounting package, we enable you to easily view your company accounts any time, anywhere.

Combining our expert accountancy skills with the capabilities of the Xero system enables you to see your accounts in real time and to stay on top of your business finances.

Once set up, you can:

  • Automate the input of your bank statements

  • Easily raise invoices

  • Manage your VAT

  • Input costs and expenses

  • Understand the key drivers in your business

  • Manage your Debtors and Accounts Payable

  • Schedule payments

  • Manage your cash flow and improve profitability

  • Easily create Annual and Management Accounts

  • Rely on the expert advice of our fully qualified accounts team

We will work with you to ensure you get the most out of the system and help drive your business forward and regularly update our service to ensure you stay compliant with the law and up to date with your accounts.

 

Whether you're a Sole Trader, a Partnership or a Limited Company we can provide cost-effective solutions backed by our experienced team of professional accountants.

With prices starting from just £100 per month (+VAT), why not contact us today to see how we can help?

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© 2023 Munro Finance Services Ltd.

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