introduction
Fitting in and adding value to our service
As you would expect we offer a full range of bookkeeping services, what Accountant doesn’t. Sometimes we are given a cardboard box and a promise everything has been sent. On other occasions, we are required, on-site, to carry out full bookkeeping services in the absence of any full time staff.
Either way, one of our key objectives will always be to try and add value over and above the obvious. For example, by looking at your suppliers, we may be able to recommend alternative, and more cost effective options.
manual bookkeeping
To make your life easier, you can simply:
Drop off or post
All your Invoices, Bank Statements, Purchase & Sales Ledgers and receipts.
We do all the processing
Produce financial statements to file at Companies House and abbreviated accounts to ensure the minimum amount of your financial information is made public.
Select from
a Broad Range
of Bookkeeping Plans
the benefits
It allows us to easily prepare for you:
- Interim Management Accounts
- VAT Returns
- Key Performance Indicators i.e. profit margins
- End of Year Accounts and accompanying notes
- Estimated Tax Liabilities as you go along so there's no end of year surprises
Our aim is to achieve an accurate picture of your Business’s financial records in the least possible time and with the minimum fuss.
or why not invite us to
Review your Bookkeeping system and advise on:
Saving You …
- The right book-keeping system for your business
- If the information being produced is accurate and reliable
- How you can spend less time keeping your books
- How to reduce the costs of keeping your books
… time and money
- VAT errors - before the Vat Man finds them!
- Specific training needed for book-keeping staff
- How you could produce more relevant management information that is useful to manage your business.
- How to get the most out of your existing Bookkeeping system
we supply and support
Three of the leading Accounting Systems
one of the easiest
QuickBooks Accounting
QuickBooks Online is the #1 cloud accounting solution for small business worldwide and is one of the easiest online Accounting System as it learns about you and your business.
Many QuickBooks users do not need to have bookkeepers and actually enjoy doing their own bookkeeping on QuickBooks.
learning your business
Xero Accounting
Xero is one of the easiest online accounting system, as it learns about you and your business. Xero will make useful suggestions to help speed up the time it takes to do your bookkeeping. Many Xero users do not need to have bookkeepers and actually enjoy doing their own bookkeeping on Xero.
Xero works anywhere and anytime, so you can run your business from home, office or the other side of the world.
one of the easiest
Sage Business Cloud
The Sage Business Cloud financial management platform delivers deep accounting capabilities across multiple industries designed with a single
aim—to accelerate your success.
Keep your organisation agile with an open and configurable cloud accounting solution that lets you easily share data and connect multiple solutions, including Salesforce. Your entire organisation can leverage intuitive systems that your teams around the world can learn and navigate efficiently
a few of our
Frequently Asked Questions
Can you advise on ways to reduce the time it takes to do our books?
Yes, we can look at your existing Bookkeeping system / approach and confirm if it can be made more efficient. We will also look at your financial information requirements, to confirm if your current system will keep pace with your demands. If your systems are a little antiquated, then we may recommend alternative solutions, such as QuickBooks, Xero, Sage or any other suitable system.
How much time each week should I spend on my books?
This depends on your volume of activity, but, typically, we recommend 1 to 2 hours. If you are spending too much time on your Books, then we can look at ways of speeding the process up. We would rather you focus on running your business, rather than spending too much time on Bookkeeping tasks.
How do you charge for your Bookkeeping services?
On an hourly basis or per 100 invoices and receipts. We also have various Pricing Plans, suitable for most businesses and these include built-in Bookkeeping facilities.
What sort of Books should I keep?
If you intend using a computerised system, then, typically, these handle all your transactional processing. If you envisage using a manual system in the meantime, taking into consideration Making Tax Digital (MTD) requirements, then keep separate books for your Sales, Debtors, Purchases, Creditors, Cash Book (for your bank transactions) and Petty Cash. Make sure to store all your documentation in a safe place.
What type of Bookkeeping training do you offer?
We offer 2 half-days training on how to use QuickBooks, Xero or Sage. If you have a manual system and require training for a new staff member, then we can create a training plan for this, also.
What competency level do I need for keeping books?
You will need at least a basic, technical knowledge in bookkeeping. This is one of the subjects we cover at our Free consultation. Computerised systems can greatly simplify the bookkeeping process, due to their process driven approach.
Is it better to keep my books online?
Yes, simply because of accuracy, flexibility, and for HMRC’s Making Tax Digital (MTD) reasons. It could also help reduce your accountancy costs.
Can HMRC penalise me for not keeping the correct books?
If you send in a document that contains a mistake, HMRC will charge a penalty if the error is: because of a lack of ‘reasonable care’; deliberate – such as intentionally sending incorrect information; deliberate and concealed – for example, intentionally sending incorrect information and taking steps to hide the error
The level of the penalty is linked to the reason why the error occurred. The more serious the reason, the higher the maximum penalty can be. HMRC can reduce the penalty if you help them to put things right.
Do you help with migrating from a manual to computerised system?
Yes, we do. Typically, this includes: helping to install the new computerised system onto your business PC; finalising the data in your current system; enabling the balances to be carried over to the new system; then finally, run the two systems in parallel for a pre-defined period, to confirm the new system is working, as expected.
Can you check the work of my previous Bookkeeper?
Yes, we can, and it would be prudent to do so, the earlier the better.
Rated 5 out of 5
The level and quality of advice received, in our opinion, has played a major part in our success.
Jonathan Davis
Pertwee Associates
Working with Happy Clients
Every business wants happy clients and we are no different. Referrals play a large part in the continued success of our business and is why we are delighted, when clients send us positive feedback.
Great company and I would definitely recommend them to any new business venture, looking for an Accountant to guide them through the formative years of their business.
Beth Paisley
First & Second PR
Since our incorporation, Parvez & Co are the third Accountant firm we have used and, fortunately, the best. We have used them for over 5 years now and their eye for detail is commendable.
David Singh
G & W MarketingLatest News and Insights
What better way is there to serve as a trusted resource for clients than to provide valuable resources? Keep up to date with our thoughts & the latest developments
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it could be the best decision you make this year
Are you;
- A new Startup business looking for the best advice.
- Unhappy with your existing Accountant and looking to change.
- Looking for an advisory service to help your business grow.
- Or need someone to look after your personal tax affairs.
