More Than Accountants
Bookkeeping is a time-consuming task for every business owner, and getting behind is a common occurrence. With our managed bookkeeping solution, you can avoid hours of catching up on work. Our accountants will take care of this vital part of your business, freeing up your time so that you can devote your attention to the things that matter the most.
We are best known for our all-inclusive unlimited service plan, which includes all accounting services required by a UK business and more for a fixed monthly fee. Furthermore, when you sign up for our all-inclusive service, we will give you a 50 percent discount on any outstanding bookkeeping you may have.
Join More Than Accountants and become a client by generating a quote on our website or calling us on 0161 8040808.
We will collect all the necessary information to complete your bookkeeping from you and contact your previous accountant on your behalf if applicable.
Our expert accountants will complete your bookkeeping in the most tax efficient way possible.
More Than Accountants specialises in an accounting package that aims to boost your company’s profitability while lowering your tax bill.
This package includes all of your accounting needs and more. Bookkeeping on a monthly or quarterly basis, company accounts, VAT returns (if applicable), management reports, regular tax reviews and advice, and self-assessments. All completed using Xero accountancy software.
Unlimited Telephone and Email Support
True unlimited accounting package that covers all of your accounting needs with no hidden costs. We guarantee a maximum three-hour response time to your enquiries.
Unlimited telephone & email support
Never any hidden costs
Guaranteed 3 hour response times
What "extras" are included in the fixed monthly fee?
We provide you with quarterly or monthly management reports using Xero Accounting Software and Dext Receipt Reading Technology, allowing you to make informed company business decisions and allowing your accountant to provide you with regular tax guidance.
Monthly or Quarterly Management Reports
Xero & Dext Included
Regular Tax Advice
Switching Accountant - Easy Transition
We quickly take over all of your accounting needs once you give us the green light. If necessary, we will contact your prior accountant on your behalf, with the goal of bringing your accounting and tax situation up to date as quickly as possible.
We contact your current accountant on your behalf.
We make contact with HMRC to get approved as your accountant.
You keep doing what you love, which is running your business..
Learn what it’s like to utilise More Than Accountants’ all-inclusive unlimited accountancy service from a few of our customers.
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Bookkeeping allows you to understand the status of your business. At the same time, you need to file your VAT returns, produce your company accounts and submit your tax returns to HMRC.
More than accountants use the online accountancy software Xero, which automatically connects to bank accounts and payment platforms, making the whole bookkeeping process streamlined.
Bookkeeping is the process of recording and identifying all the financial transactions within your business. It will keep track of all the amounts that your business spends as well as the amounts that your business receives.
As the name suggests, bookkeeping was originally handled using ledgers and books. Every transaction will be recorded in journals, cashbooks, or daybooks; afterward, they will be transferred to a ledger.
With innovation in technology, accountancy software such as Xero is now being used instead of physical books.
Having a precise, well-organised set of books is an excellent start to operating a successful business. The following are the reasons why:
To achieve precise small business bookkeeping, you must do proper recording and reconciliation.
Record Every Transaction
Record All Your Sales.
Traditionally, this was accomplished by listing them in a cash book or inputting them into a spreadsheet. But nowadays, business owners can easily download sales data from invoicing software or point-of-sale and store this information in their books.
Record all your transactions.
All purchases that are business-related must be noted. You should also keep the proof of purchase if you have plans to claim that expense as a tax deduction.
Again, all the details can be recorded in a spreadsheet or a book. Or you could automate the task by sending all the debits from your business bank account into your bookkeeping software.
Income and expenses can be recorded differently depending on whether you are using cash or accrual accounting.
Reconciliation of Transactions
Reconciliation is the process of cross-referencing your bank statements against your business books to check whether the balances and transactions match. If they don’t, then you must determine the reasons why. Most often, deposits, bank fees, payments, and interest payments that are not yet recorded in your bank accounts must be accounted for.
Bank reconciliation can be done either monthly, weekly, daily, or less often, depending on how many transactions your business has gone through. However, you might need to reconcile your books before you submit your tax returns.
The quicker you reconcile transactions, the quicker you can discover mistakes and correct them. That is why it is much better if you do it more frequently, or even daily, so the work will not quickly pile up. It is important that you learn how to do bank reconciliation.
Additional small business bookkeeping duties
If you are fulfilling the responsibilities of the bookkeeper for your small business, then you might also be liable for doing the following:
Whether it’s a new company formation or an established business, if you choose professional bookkeepers, then they can also offer you other services such as assisting you with financial reports such as balance sheets, profit-and-loss, and cash flow reports, or gauging your business performance.
Most small businesses are using online bookkeeping software to quickly accomplish these jobs and, at the same time, minimize the occurrence of human data-entry errors. The software can help you with:
Many of these features are available through Xero’s mobile app.
If you are one of those people who are too busy doing your small business bookkeeping, then you can hire somebody else to do it for you.
You want an accountancy professional to complete your bookkeeping to ensure your accounts are correct and to make sure every transaction is recorded in the most tax-efficient way possible.
If you would like More Than Accountants to complete your bookkeeping, you can generate an instant quote online. We can combine your bookkeeping and accountancy for a more cost-effective and comprehensive approach.
