Keeping your Books Simple
Saunders
Bookkeeping
Invest your time and efforts on running your business. Leave the bookkeeping to me.
Carlisle Bookkeeper
What I do
#1
Bookkeeping
I provide flexible bookkeeping services for businesses, partnerships, and not-for-profit organisations in Carlisle, Penrith, Brampton and surrounding areas in Cumbria.
I can provide as much or as little support as you need and help you to complete your own bookkeeping, if that is what you prefer. My basic services include:
I record business bank account and credit card account transactions to the correct expense codes so that you can analyse your business financial information and comply with the latest tax requirements.
If you buy or sell goods and services on credit, then you need sales and purchase ledgers. Reconciling your ledgers regularly is important so that you know how much is owed to you, and by whom, and how much you owe to others.
Creditor and debtor reports show how long amounts have been outstanding for. You can use these to significantly improve your cashflow by prioritising payments to chase from customers and payments to make to your suppliers.
If you don’t like chasing unpaid invoices, I can do so on your behalf and process the receipts. I can also create invoices for you and design invoice templates for your branding.
These are essential to check the accuracy of your accounts. If you don’t reconcile your accounts you could end up paying too much tax because you missed some allowable expenses. Or worse, you could also be fined by HMRC because you missed taxable income!
I can code salaries, National Insurance and PAYE to the correct expenses in your accounts. Please note. I do not offer a payroll service.
I can produce your final accounts up to Trial Balance or full Profit & Loss and Balance Sheets.
Your Profit & Loss will show the performance of your business. The Balance Sheet will show the current value of your business, taking into account any assets (things you own) or liabilities (money you owe) that your business may have.
#2
Tax Services
I can take away the worry of completing your VAT tax returns accurately.
I complete all VAT returns in-line with the new Making Tax Digital legislation. Prefer to use spreadsheets? Don’t worry! I can use bridging software to submit your VAT returns online.
#3
Bookkeeping in the Cloud
If you are struggling to maintain your bookkeeping with books or spreadsheets then a better solution may be to move your bookkeeping to a cloud-based bookkeeping service.
I can set up your bookkeeping with the cloud-based software, QuickBooks Online or Xero. This will give you better visibility and accuracy with your books. You will also be Making Tax Digital (MTD) Compliant for VAT. Even if your business is below the VAT threshold, you will be required to be MTD compliant by April 2023 as HMRC roles out MTD for income tax for anyone earning £10,000+, including landlords.