Bookkeeping
Books that are right every month, not fixed once a year
We reconcile your bank, code every transaction, chase the missing receipts and give you records you can rely on. Fixed monthly fee from £39.
Who this is for
For businesses that have outgrown the shoebox
Business owners and landlords who are tired of shoebox bookkeeping, who have outgrown a spreadsheet, or who now need digital records because Making Tax Digital applies to them.
Also anyone whose current books are a mess and needs them put right before a year end or an HMRC deadline. We rebuild from bank statements, agree the opening position with you and take it from there.
Included in
- Sole Trader Plus from £69 a month
- Property Company from £119 a month
- Company Growth from £179 a month
- Standalone bookkeeping from £39 a month
What we do
Reconciled, coded and chased
Monthly processing
Bank feeds pulled into your software, every transaction coded, sales and purchase invoices matched, receipts captured on your phone and attached to the entry. Every bank, card and payment account reconciled to the statement each month.
Credit control
Aged debtor and creditor reports so you know who owes you and who you owe. We can send statements and reminders to your customers on your behalf.
Clean up and catch up
If your books are behind or wrong we rebuild them from bank statements, quote a fixed fee for the work and bring you up to date before we move onto the monthly service.
Making Tax Digital ready
Digital record keeping that satisfies both MTD for VAT and MTD for Income Tax, with the quarterly updates prepared straight from the books.
How it works
Connect, capture, review
Connect
We set up or take over your Xero, QuickBooks or FreeAgent and connect the bank feeds.
Capture
You photograph receipts and forward invoices to a dedicated inbox. We do the rest.
Review
Within ten working days of month end you get reconciled books and a short summary of profit, cash and anything we need from you.
Worth knowing
Making Tax Digital changes what counts as a record
Under Making Tax Digital, income and expenses have to be recorded digitally and kept in software rather than a spreadsheet you retype at the year end. Bank statements filed in a folder are no longer enough on their own.
That is why every bookkeeping package includes compatible software and a receipt capture app. Get the records right through the year and the quarterly updates take care of themselves.
What a compliant record looks like
- Every transaction in software, not a spreadsheet
- Digital link from bank feed to return
- Receipt or invoice attached to the entry
- Records kept for six years
- Quarterly summaries prepared from the same data
Questions
Frequently asked
Which software do you use?
Xero, QuickBooks Online and FreeAgent. We are certified on Xero and QuickBooks and support FreeAgent. If you already use one of them we work in your existing file.
Do I have to send you every receipt?
Yes, but it takes seconds. Photograph it in the app or forward the email. Receipts are what support your expenses if HMRC ever asks.
Can you take over mid year?
Yes. We reconcile from your last clean point and carry on from there. There is no need to wait for a year end.
How quickly are the books up to date?
Within ten working days of month end, provided we have your receipts and invoices.
What if my records are years behind?
We quote a fixed catch up fee per year, rebuild the records from bank statements and supporting documents, then move you onto the monthly service.
Ready to hand it over?
Book a free 30 minute call and we will tell you exactly what we would do and what it would cost.
Or just pick up the phone
+44 7456 385980info@taxmesh.co.uk
