Bookkeeping in Brentwood
Bookkeeping is the ongoing recording of the financial transactions of the business and is part of the accounting process. Transactions include purchases, sales, receipts and payments. If a business is registered for VAT it’s the bookkeeper who will calculate and record VAT.
Naturally we sympathise - of course running a business means you’re busy...so it makes good commercial sense to use an online accounting software so that you have information at your fingertips and you’re ready for Making Tax Digital.
Making Tax Digital gets green light from the government
The Government remains committed to the start of the roll out of Making Tax Digital (MTD) in April 2019.
What does this mean to your business?
For companies over the VAT threshold currently £85,000 you will need to ensure that your accounting records are “Digital” and, starting from April 2019, keep your VAT accounting records digitally.
“Digital” means held on cloud accounting software, this naturally excludes manual books and records and spreadsheets.
Consider outsourcing your bookkeeping and VAT processing to Tiffin Green we are cloud accounting specialists. www.cloudaccounting-essex.co.uk
Call us today on 01277 224422 for a free consultation and quote.
Benefits that cloud accounting offers, include:
- Capture receipts and payments from your bank account directly
- Use your smart phone to photograph expenses and have them filed straight into your accounts
- See your results 24/7 via an App on your phone
- Create quotes and sales invoices easily; and
- Throw away all the paper you currently keep on file!
Require more information?
If you would like more information or would like to speak to us direct then call us on 01277 224422. Or if you would prefer, ask us a question online.