3 Simple Steps… Accounting for Your Business

1. What are you?

Decide which business structure is best for you if you haven’t done so already. If you are undecided, call one of the accounting experts here at Accrida and they can talk you through each structure and help you decide which is best for you. That expert can give you unsurpassed advice along with worked examples and comparisons.

 

2. Start recording…

Choose the relevant package from our services or pricing pages and join us.

Once you have done, we’ll provide you with accounting software to assist with your daily routines of raising invoices and recording expenditure. At the touch of a button, you can also import your business bank statements. Record keeping is absolutely imperative and should not be taken lightly. If HMRC wish to ever investigate your personal or business tax returns and accounts, you will need to prove that everything you earn, along with all of your business expenses is recorded appropriately.

We won’t just hand over the software and never speak to you again – so don’t worry! One of our accounting experts will be in touch straight away to introduce themselves to you so you know you are dealing with real people and aren’t left alone.

 

3. Tidy up!

Once your accounting period is up, we’ll be in touch to complete the year end accounts and tax returns. You will receive preeminent advice from your one point of contact accountant who will discuss your accounts with you. Throughout the year and once the year end accounts are completed, your accountant will be able to review your tax position with you. At Accrida, we put you first and though it may sound spooky, are always thinking of you! We will find ways to help minimise your tax liability.