Bookkeeping

Bookkeeping is apparently the only word in the English language with three consecutive double letters.

This is the kind of worthwhile factette you may be tempted to look up when what you should actually be doing, is reconciling your bank feed.

Modern accounting and bookkeeping software allows you to link everything to everything else, and in theory, it’s just jumping off a log to keep the accounts up to date. In reality however, someone has to tag the transactions, decide whether that Sainsburys payment is really your fuel bill (or your partner has inadvertently used the business card to buy the groceries), tidy up the categories, run your end of month reports.

Choosing to have bookkeeping managed by a virtual assistant, either as a standalone service or as part of a package, can free you from repetitive housekeeping tasks, allowing you to get on with your real work.

Using Quickbooks, Quickfile, Free Agent or another package with bank feed enabled means that once I’ve gained an understanding of what you do, and how it all fits together, you won’t have to worry about it again.

The time required to maintain your bookkeeping might start with a couple of hours to familiarise myself, and thereafter, depending on the size of your business, may be as little as one hour per fortnight for a small sole trader. It depends how current you want to keep it and how many transactions need managing. Ad hoc bookkeeping tasks cost £33 an hour or regular work can be integrated into a package of retained hours.

Please contact me by email to discuss your requirements.