General Bookkeeping

Services

General Bookkeeping

Keeping track of business transactions is often a secondary thought to the business owner because all too often they are caught up in the day-to-day operations of the business. The main reason you have started your business was to turn your skills into cash, in theory, the more time you can use your skills, the more cash you can generate. It is a legal requirement for all businesses to be registered with HMRC and that accurate and up-to-date records are kept at all times. Bustech Finance offers the following general Bookkeeping options:

• Sales – Issuing Sales Invoices and recording all credit sales transactions.
• Purchases – Posting all purchases made on a credit basis from suppliers known as creditors. Reconciling all Supplier Statements for accurate payment saving your business money!
• Assets – Monitoring all company assets purchased.
• Bank:
  Recording all bank payments made to suppliers
  Recording all money received for sales to customers
  Monitoring all direct debits and standing orders
  Monitoring all company credit cards & Petty Cash Accounts

Bank Reconciliation
A bank reconciliation is a process that explains the difference between the bank balance shown on a business’s bank statement as supplied by the bank and the corresponding amount shown in the business’s own records at a particular point in time. Bustech Finance will reconcile your bank monthly to eliminate any differences that may occur therefore saving your business money!

• Weekly Bank Reconciliations.
• Monthly Bank Reconciliations.
• Correspondence with your bank about any issues that may occur.