do I need a bookkeeper

What Businesses Need Bookkeeping?

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.

Don't just take our word for it...

Steve Tanswell, Manchester Facades

I changed book-keepers around a year ago because of a disagreement.  I employed Diane of Pebbles and having been with the same firm for 10 years, I was amazed by how easy working with Diane was.  Not only did the change save me money but also saved me time.  Utilising new technologies (to me) have massively improved the amount of money I can claim back in VAT and has made the whole process speedier and well as easier.  Even when Diane is chasing me for information she does in a friendly professional manner.  I’m thrilled to be working with her and would recommend her to anyone.

Robert Flinn, Director, The Drawing Room

“Pebbles have provided professional and personal approach to all our accounts needs from processing invoices to management accounts. Based in-house they have become a valuable asset to the business and have given us a more strategic and analytical approach to our finances.”

 

TecCre8 Ltd

“We began to relinquish our bookkeeping tasks to Pebbles Bookkeeping in September 2020, following our meeting with Diane Huxley to discuss our requirements. We signed up with Diane immediately. We have all built a quick rapport with Diane and it’s good to know that we have her support and expertise at the other end of the phone.

Pebbles Bookkeeping is a perfect fit for our company and liaises seamlessly with our accountant. It is our pleasure to work alongside them.”

Nick Aldrich, Only The Brave

Only The Brave have used Pebbles Bookkeeping for a few years now and we treat them instinctively like an integral department of our business.

I have worked with Sean for over two decades in my previous businesses and when Sean and Diane went on their own it was a no brainer to get them involved with our day to day accounting.

Pebbles manage our bookkeeping, expenses, credit control and PAYE and have a keen eye for detail and help us spot important financial matters before they become issues.

Their integrity and honesty are unquestionable and as a result, Pebbles are an asset to our business and will continue to work with us for many years to come.

James Balderstone, Lucid Networks

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.