No matter the size of your business, bookkeeping is a vital task that you must keep up with. It helps you stay organised financially, measure your progress and make sure you are meeting tax regulations.
The amount of service you require from an accountant is based on the size and type of business you operate. A prime example is that generally, a small business will only need fundamental bookkeeping services as opposed to a more elaborate company who might need extra specialised services.
With several bookkeeping and accounting firms in Brentwood, it may be difficult to determine which is best for you. PBATS (Practical Bookkeeping Accounting & Taxation Services) has established itself as a reliable firm with excellent services at affordable rates.
We always work closely with our clients to ensure that the service they receive is 100% bespoke and entirely fit for their needs. Our breadth of knowledge and large range of services means we are equally able to help sole traders, as we are medium-sized businesses and even larger enterprises.
A crucial part of bookkeeping is data entry and processing. While some companies handle this internally, it’s often more practical to outsource the task to a bookkeeping company. The reason being that bookkeepers are trained in data entry and can do it much quicker than someone who isn’t experienced.
Bank reconciliation is the act of cross-referencing your bank statement with your accounting records to ensure they match up. This ensures that your financial documentation is accurate and up-to-date. PBATS offers monthly (or more frequent) reconciliations so that you can have peace of mind knowing your finances are in order.
Every month, we’ll give you a comprehensive report of your financial activity. This will include data on your incomings and outgoings, as well as your overall profitability. This information is key for making smart business decisions and planning ahead.
If you want your business to succeed, you need to stay on top of your invoices and expenses. Here at PBATS, we can help you manage these items effectively so that you can focus on other aspects of your business. We can also provide advice about how to streamline your invoicing and expenses process for even more efficiency.
At the PBATS accountancy firm, we understand that payroll can be a complex and time-consuming task. To help take some of the burden off of your plate, our accountants can handle payroll calculations, tax deductions, and issuing payslips. This way, you can focus on other aspects of running your business.
From self-assessment returns and corporation tax to VAT returns, our taxation services are extensive. Furthermore, our team of experts are always kept abreast of the latest changes in tax law so that you’re guaranteed to have access to accurate tax advice whenever you need it.
If you need reliable bookkeeping services in Brentwood, PBATS is the ideal company for you. Our team would be happy to discuss your needs and answer any questions you may have – just give us a call today.
Allow us to take care of your VAT returns, ensuring that your finances are correct and compliant.
Cost – £90 +VAT per quarter
As a construction industry contractor, you’re required to submit a CIS return. Keep the hassle out of it and let us prepare and submit your CIS return for you.
Cost – £30 +VAT per month
Let us take care of your annual self-assessment tax return so you don’t have to. Delegate it to us and rest easy knowing that professional bookkeepers are handling your accounts.
We also make use of any reliefs you are entitled to — meaning a lower tax bill, and more money in your bank account.
Cost – From £175 +VAT
Here at PBATS, we offer a reliable bookkeeping service that always puts customer service and quality above all else. No one knows better than us exactly how critical accurate bookkeeping and financial reporting is to your individual and business success, so you can count on us to be there for you every step of the way.
Don’t hesitate to reach out to us if you want to learn more about how we can help you. We would be more than happy to chat with you, answer any questions you may have and arrange for a free consultation.
We provide comprehensive bookkeeping services all throughout Essex, in areas including but not limited to;
If you are looking for support from a professional bookkeeper in any of the above areas, contact us today for an exploratory chat!