Bookkeeping
Whether you’re a Limited Company, Limited Liability Partnership (LLP), Sole Trader, or a Partnership, LSR Accountancy Services can take care of your bookkeeping requirements.
What is bookkeeping?
As described in the dictionary – Bookkeeping is “the skill or occupation of maintaining accurate records of business transactions”. At LSR Accountancy Services we strive to accurately record financial data, ensuring that entries are correct.
Essentially, we record and calculate your income and expenses whilst undertaking activities to support this. For example, we are able to raise invoices, deal with day to day transactions and file VAT returns.
We have the skills and knowledge to explain financial information to business owners, and make clear the meaning of reports based on this information.
Do I need a Bookkeeper or an Accountant?
Bookkeeping and accounting have a considerable overlap because the first can be considered a part of the second. It’s not uncommon for an Accountant to utilise the services of an independent, or internal, bookkeeper in the preparation of your accounts.
Our bookkeeping facility caters for all. Whilst we can prepare financial accounts for sole traders and partnerships, our bookkeeping service lays the groundwork for Accountants for Limited Companies and LLP’s alike. Providing data that is essential to the performance of their role.
What areas does LSR Accountancy Services offer a bookkeeping service?
We can offer our bookkeeping facility on a bespoke basis that suits your needs. Either at your business premises or remotely.
Although based in North Wales, due to advances in technology we’re lucky enough to have happy clients over 250 miles away. Feel free to contact us to see how we can help you.