The financial side of having a business can make or break a business. It is always advisable to get some expert support. As a business owner, you need to be on top of all your business as well as making sure you are generating a revenue and looking after you finances. Accountants help you to keep your finances in order, but good bookkeepers play an important role too. Many people may think that bookkeepers and accountants are the same, but they are not.
Accountants are qualified and registered professionals who are mainly responsible for preparation and submission of your company accounts, filing your personal and company tax returns as well as giving you general financial advice.
Bookkeepers, however, manage a number of different important responsibilities. The main job of a good bookkeeper is organizing, recording and reporting financial transactions of your business.
The following are some of the tasks that good bookkeepers perform regularly to keep your business run smoothly:
Without proper and accurate bookkeeping, the business transactions can easily go unrecorded or left to pile up till the end of the quarter or financial year. And if there are any discrepancies or mistakes they will be very hard to rectify as so much time has passed by and amending the mistakes will take a significant amount of time.
Good bookkeeping, when executed properly and consistently will stay your company running at its very fine and allow you to find and fix issues before they disrupt your business performance.
Here at Brayan and Spencer Associates, we not only have experienced accountants but also good bookkeeper in London who will keep your finances organized and ensure your business runs smoothly.
Our Qualified Bookkeepers in London are here to help you every step of the way to getting your business to the success it deserves.