What's included in a monthly bookkeeping service

"Bookkeeping" can mean very different things depending on who's doing it. Here's what our monthly service actually covers, and why it's usually worth more than the time it saves.

The core monthly work

• Processing all sales and purchase transactions in your accounting software
• Reconciling your bank accounts, so what's recorded matches what actually happened
• Keeping your VAT records accurate and ready ahead of each quarterly return
• Matching receipts against card and bank transactions
• Correcting and tidying anything that's been miscoded, so year-end accounts don't start from a mess

What you get to see

Beyond the processing itself, a monthly service gives you a set of management figures you can actually use — profit for the month, who owes you money and for how long, and what you owe your suppliers. That's the difference between finding out how the year went in month thirteen, and knowing where you stand while there's still time to act on it.

Why it pays for itself

Clients on a monthly service tend to have fewer surprises at year end, catch cash-flow problems earlier, and spend far less time hunting for information when a lender or the bank asks a question. Most of the value isn't the bookkeeping itself — it's having accurate, current numbers whenever you need them.

We run this on Xero, QuickBooks or Sage, depending on what suits your business, and can move you across from spreadsheets or an existing system without disrupting anything mid-year.