Basic Book Keeping

booksBasic Book Keeping is recording the financial transactions of an individual or organisation.

These records can be time consuming to maintain and problematic if not seen to on a regular basis.

Basic Book Keeping includes:

  • Date Entry & Record Keeping – Maintaining financial records and associated documentation.
  • Monthly Journals – Tracking items like interest on Hire Purchases, movements in WIP (Working In Progress) or Stock and other accounting items.
  • Bank Reconciliation - Comparing internal records with bank statements to identify and rectify any discrepancies.
  • Accounts Payable & Receivable – Ensuring bills are paid on-time and tracking customer/client money owed.
  • End of financial year processes – Liaising with your companies accountant to assist them with the year end accounting adjustments.