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BOOKKEEPING SERVICES

Introduction

Every business no matter what its size is legally obliged to 'keep the books'.  A bookkeeper does exactly that using the double entry bookkeeping system that was invented more than 500 years ago.

Business owners will find that by employing a bookkeeper, rather than an accountant, to 'keep the books' they can save a lot of money!

Bookkeeping Services

KPL Office Services can operate both manual and computerised accounting systems for sole traders, partnerships and limited companies:

  • Maintain the cash books and ledgers

  • Prepare bank reconciliations

  • Issue invoices and chase payment

  • Prepare VAT Returns

  • Prepare financial reports such as Trading, Profit and Loss Accounts and Balance Sheets

The services are tailored to your individual company so contact Kathryn to see how KPL Office Services can assist you.

Legislation

It is now a legal requirement that anyone offering 'accounting services' whether for payment or on a voluntary basis must be registered either with the HM Revenue and Customs or with an HM Treasury appointed supervisory body. 

The Inland Revenue define 'accounting services' as any service that pertains to the 'recording, review, analysis, calculation or reporting of financial information'.  Bookkeeping is about the recording of the financial transactions of a business and so this requirement covers the work of bookkeepers. 

Bookkeeping is now a regulated profession. 

The Institute of Certified Bookkeepers is a supervisory body that is regulated by the Inland Revenue.  Kathryn, the proprietor of KPL Office Services, holds a Practising Certificate and is  authorised to work in practice by the Institute of Certified Bookkeepers.


   

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