Efficient bookkeeping practises usually means that your Private Limited Company is safe from government penalties. Well-kept books also means that the company is both tax
Whether your company is budding or has reached heights in business, bookkeeping is vital. Keeping a track of your daily transaction will consume your time. This process often ends up neglected.
Ask any small business owner who runs around like accountants do with painstaking admin and financial work, from managing payrolls to monitoring down receivables and calculating the value of stocks, and he’ll express a ton of grief. However, understanding your basics in accounting and its practices will help keep your books ready for potential investors and (more importantly), your friends at the Inland Revenue Department (I.R.D.), if they ever decide to come calling in.
Team Simplebooks
For more information about our annual secretary service, feel free to contact us at 0114 060 909.