What Businesses Need Bookkeeping?

do I need a bookkeeper

If you have landed on this blog post and asking yourself, do I need a bookkeeper?, the answer is that every business requires at least some form of basic bookkeeping – but outsourced bookkeeping services do not limit themselves to the large companies with multiple employees.

All bookkeepers offer small business bookkeeping solutions for small to medium businesses, and they are the companies that need them the most to grow exponentially over the years.

Vary by Industry

Whist all businesses large and small use bookkeeping services in Manchester for basic financial record-keeping, smaller businesses benefit greater by allowing the owner to concentrate on more meaningful tasks to increase business.

Larger businesses tend to have very complex bookkeeping and accounting procedures and may require several dozen bookkeepers to handle all the various aspects, but smaller companies can have one bookkeeper handle the majority of their needs to get a more accurate financial stance and forecast for the future – something every small business needs to make smarter decisions moving ahead.

How Does it Differ From Accounting

Bookkeeping is the process of recording the financial data of a business in a specified manner, basically making it clerical.

Where accounting comes in is usually where your bookkeeping ends. Your accountant will prepare and interpret your tax reports, financial statements and other reports, which will be aided by the work that your bookkeeper has done to give more accurate and detailed reports of your company financials.

Some accountants may offer bookkeeping services as part of their service, but they tend to charge a lot more as it is something that is not the main focus of the business. Bookkeepers for small businesses can perform tasks like preparing taxes and reports that accountants usually perform also. They work as well apart as they do together, it all comes down to whatever is more cost-effective on your business to go with.

Under the Hat of a Bookkeeper

Basic roles of a bookkeeper for smaller businesses include maintaining accounting records from expenditures to accounts receivable and payable, calculating profits and losses and producing financial statements over various reporting periods, from receiving receipts to calculating payroll.

Most bookkeepers bring specialised accounting software, spreadsheets, databases and so forth to benefit your business – as well as all the up-to-date information on this area of business to help support your business growth.

Still asking yourself, do I need a bookkeeper? Contact the team at Pebbles Bookkeeping and HR today to discuss your business needs.

What our clients say…

I just wanted to thank you both for the help you’ve given me thus far in setting up my new cloud-based bookkeeping system ‘Clearbooks’.

Having used Microsoft Excel for more years than I care to admit, I had more than a few reservations when considering changing the way I managed my books, yet understood that I had to make the change sooner or later.

After an intense training session with Sean, (where I probably asked 101 questions), my fears quickly dissipated and I can honestly say that although it’s likely to take me a little while to really get to grips with the new interface, I’ve no doubt that this simple system will save me so much time and hassle in future.

And less time spent doing my books, almost certainly means more time with the family and an end to rushing around like a mad woman at quarter-end!

Thanks again and I’m looking forward to working with you again soon.

Anne-Marie Armstrong, Amberry Marketing

Diane has been providing her services to my company for approximately 6 months now and I can honestly say that due to her assistance, my company is running a lot more smoothly than it has at any time over the previous 30 years that it has existed.

I would just like to say that I would recommend her services to any business, whatever the size, as I can only see that her services would be beneficial to any company that may choose to employ her services.

Wayne Dinning, Managing Director, SD Waste Paper Limited

Pebbles Bookkeeping took over our bookkeeping when a full-time member of staff left the business.  Our accounts are relatively complex for a business our size because of the number of different suppliers and products we deal with, but Pebbles were able to get quickly up to speed.  We have significantly reduced our costs spent on bookkeeping activity as a result. They have also helped us move to a new accounting system (Xero), which we are already seeing the benefit of, and we’re looking forward to working with Pebbles in the future to automate more of our back-office processes.

James Balderstone, Lucid Networks

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