Good bookkeeping forms a solid foundation for the success of your business. It often involves processing, organising, and storing daily transactions which can take up a large amount of time. Titus Accounts aims to help you keep your business successful and profitable with efficient and reliable bookkeeping services.
For many businesses, bookkeeping is tiresome and time-consuming. Small businesses can spend up to 20% of work time on bookkeeping. This is time that would be much better spent on marketing, service and product development, or other key areas of running a business.
HMRC Bookkeeping Obligations
The government now requires all businesses to keep “true and fair’ financial and accounting records. Failure to do so can result in fines of up to £3000. For small companies, that is a devastating figure.
HMRC also requires you to record receipts and invoices of all monies sent and received including detailed reports of assets and debts. At Titus Accounts, we specialise in reliable and efficient bookkeeping services, ensuring information is formatted within the guidelines of HMRC.
In this plan, Titus Accounts Bookkeeping experts come to your business location. You can also opt for regular or scheduled bookkeeping services. On-site bookkeeping is often more convenient for large businesses and corporations.
You can also take advantage of our software and online bookkeeping resources. We offer you cloud-based facilities through which you can send your financial records securely. A professional Titus Accounts bookkeeping expert will prepare your accounts and send them back to you safely.
Some of our remote bookkeeping software includes VBooks, an efficient accounting platform designed to help you reduce paperwork. With VBooks, you can design and create invoices online, check outstanding debts and bills, and even track your earnings.
VBooks software is compatible with your tablet and smartphone so you always have your business at your fingertips.
We can also offer a combination of on and off-site bookkeeping services to cater for your unique business needs. Our team comes to your location to discuss your bookkeeping needs and does the actual work offsite to save time and resources.
Our Bookkeeping Services
Our tasks as bookkeepers typically include:
● Billing of goods and services
● Recording monies received
● Recording suppliers’ invoices
● Paying suppliers
● VAT records
● VAT submissions
● Recording day to day financial transactions
At Titus Accounts, we go above and beyond to ensure your business is running at optimum efficiency. We also update you before submissions are due to ensure you never miss a deadline. With us, you can enjoy personalised bookkeeping services that cater to your specific business’ needs.
Titus Accounts has the capacity, resources and experts to help you keep accurate business records.
At Titus Accounts we work with a variety of business types including sole traders, contractors, SMEs and larger organisations. We tailor all of our services to suit individual requirements, therefore whatever level of service you require, we are here to assist you.
We offer a range of different services and provide bespoke packages to each client depending on the options they require. We are also able to scale our services to suit a growing business. Contact our team to discuss our different packages and pricing options.
Yes, our friendly team are here to assist you. We work to fit around your busy schedule and ensure each of our clients have a dedicated accountant who is their point of contact. We are able to provide online and face-to-face meetings where required.
Our experienced VAT team are responsible for responding to our client’s VAT queries and ensuring that all deadlines and guidance from HMRC are met. We also ensure our customers are able to make the most of any allowances available to their business.
We provide tax planning and financial advice services for growing businesses who want to expand and even generate investment. We have an experienced team on hand to help with preparing audits and documentation on the financial position of the business.