Keeping your books up to date is an essential ingredient to start-up and continued success. Not only do you have an obligation to the tax authorities, you need to keep on top of your finances so you know exactly where you are at all times.
It is tempting to undertake this task your self but there are compelling reasons for enlisting the help of a qualified bookkeeper. Most importantly, this will release you to concentrate on what you do best - actually the running the business.
Our aim in business is to take away the hassle of worrying about your business finances by providing you with a Bookkeeping Service which you can trust.
If you are not happy with the service you are given we offer a 100% MONEY BACK GUARANTEE.
Whether you are a new or established small business, it is highly important to keep expenses to a minimum. Profits will happen eventually but often not within the first few months of opening.
Some business owners will try to cut costs by not hiring a bookkeeper. Instead they will get admin staff to manage their financial records. Although expenses are reduced in the short term this could be a mistake.
Off-the-shelf accounting software may be easy to buy but it isn’t necessarily easy to use – properly.
By hiring A2B Bookkeeping Services you will avoid some mistakes listed below.
1. Invoicing Incorrectly
Incorrect invoicing may entail a lot of extra time reconciling your products sold or services rendered, thus resulting in inability to collect from your customers on time. Also, if not done on time, invoicing can strain your cash flow.
A2B Bookkeeping Services will ensure that invoices are correct and prepared in a timely manner. They can also monitor “aging of accounts” to make sure that receivables are collected from customers on time.
2. Unknowingly Missing Deadlines
There are specific dates for filing your taxes and other requirements to the government. Missing a date, no matter how unintentional, can cost you penalties and other charges.
With A2B Bookkeeping Services, the only thing that you have to worry about is getting all the pertinent information to them on time. They’ll take care of the rest.
3. Incorrectly Classifying Items for Taxation Purposes
Tax laws are revised and updated periodically. What is classified as an item under a particular tax bracket or rule may change.
A2B Bookkeeping Services are always abreast with the latest tax rules. They also have a clear understanding of items that may be tax deductible for your business. Trust A2B Bookkeeping Services and take advantage of their knowledge.
In the long run you will save money and headaches.
4. Lack of Know-How in Using Accounting Software
Inaccuracies in handling the accounting side of the business can potentially lead to more losses than you think – Not to mention government penalties.
It sounds obvious, but accounting software works best if the correct data is inputted. What you put into the system, is proportionate to the output.
A2B Bookkeeping Services understands this perfectly. The advantage for you as a client is that you don’t have to worry at the end of your fiscal year.
Ensuring proper handling of your company’s bookkeeping needs is paramount to your business success.
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0770 105 3869
We are happy to promote anyone who is prepared to offer friendly support to local start-ups.
Our local partners have been kind enough to help us and are keen to help you too.
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The idea of starting your own business can be incredibly exciting and who can blame you for being tempted?
However, the sad truth is that far too many new enterprises fail in the early stages. Our aim is to make sure that you don't become one of them.
This guide explains the key start-up subjects in simple English and points to where you can find help and support.
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