PRO TAX ACCOUNTANT | Bookkeeping Services

Digitalagency5619 Mar, 2021Business

What is Bookkeeping Financial record keeping is done through bookkeeping in most of the private organizations which makes it an essential business practice for all businesses. Here is a list of practices, included in our bookkeeping services which a professional bookkeeping company should perform: Ordering all your outgoing and incoming receipts. Establishing and maintaining record of all your company assets. Classifying, categorizing and recording all the goods or services sold in a financial year. Keeping an update record of your inventory / available stock. Keeping your books complied with the company act of the UK. Preparing account statement to submit to HMRC at the end of the financial year. Logging of purchases and orders. Filing the company?s VAT returns on time (additional service). Streamlining the company payrolls. Preparing the statutory accounts and financial statements at the end of financial year. ?