A well kept bookkeeping system contributes to a healthy business

Do you have doubts about your Bookkeeping system? Are there cracks in your current system that you don’t have time to fill? Let us give it a health check and you will receive an accurate view of what is working well and what needs improvement because all businesses are required to keep accurate records for both VAT and taxation purposes.

Good practices in bookkeeping also benefit your business by helping you to control and manage your finances, ensure that your accounts are completed more efficiently and plan for future growth. This will in turn ensure that you avoid penalties from HMRC for late filing.

Shaikh & Co provides a comprehensive bookkeeping service as follows:

Books and records – from small businesses to large companies, we can maintain the books and records on behalf of all types of clients

Cash books – We will use a suitable system appropriate to your business which can range from single entry analysed cash books on an Excel spreadsheet to full double entry with Sales and Purchase ledgers.

Record Maintenance and Electronic records are always maintained and we advise our clients on the best form of bookkeeping system for them. We use the latest Sage bookkeeping programs, as well as our own tailor made systems.

VAT Returns – Advice on all aspects of VAT is given and VAT Returns are prepared on our client’s behalf.

Importing and Exporting – We have considerable experience in advising clients on the VAT aspects of importing and exporting to Europe. Including the preparation of Intrastrat forms.

Management Accounts – We can provide monthly, quarterly or annual reviews of your accounts, whichever suits your particular needs most, and will use these to help you set future financial budgets and targets.