JMC Accountancy, professional bookkeepers in Cambridgeshire
Bookkeeping is a fundamental part of running a business, but it can be time-consuming and finicky. If neglected, however, you can lose control of your cash flow and face a real headache when it’s time to complete your annual tax return.
That’s why so many small businesses are outsourcing their bookkeeping to a professional team such as JMC Accountancy. We will keep your financial records in meticulous shape so you have a reliable, up-to-date view of your accounts at all times.
Allow us to ease your bookkeeping headache. For a free no-obligation consultation, please fill in our contact form.
How do outsourced bookkeeping services work?
As your outsourced bookkeeper, we will help manage day-to-day accounting tasks such as invoicing, accounts receivable/payable, payroll and bank reconciliation. We can also provide timely and accurate financial statements to help with budgeting and cash flow.
We use Xero, the leading cloud accounting software that, when linked to your company bank account, automatically downloads your transactions. The information is completely live, meaning that you and our team can access it simultaneously, ensuring we’re always on the same page.
Why should I outsource bookkeeping?
Unless you can afford an in-house bookkeeper, the burden will likely fall on you as an owner-manager. While it’s entirely possible to do your accounts yourself, few would agree it’s the easiest or most efficient option.
No matter what size business you own, outsourcing bookkeeping comes with many benefits:
Save time and money
If you equate the time you spend on bookkeeping and your hourly rate, we bet it adds up to quite a tidy sum. Those hours spent filing receipts and poring over spreadsheets are costing you, and your business, money. Compare it with what a professional accountant charges for bookkeeping services, and you will find that it is very cost-effective!
Boost your profit
By outsourcing accounting, not only can you save money, your accountant can actively help to increase profits. JMC Accountancy is an experienced team of tax accountants that can help you minimise your tax liability by identifying tax reliefs and allowable business expenses.
Expertise at a fraction of the cost
Full-time, in-house bookkeepers are out of reach for most small businesses. If you opt for our outsourced bookkeeping service, you will have access to our team, who are not just bookkeepers but highly-qualified, all-round accountants. Consider us your extended team, on hand to act as a sounding board and provide professional insight on your business finances.
Greater accuracy, fewer costly mistakes
When it comes to tax, mistakes can be expensive. Thanks to the latest bookkeeping software, the margin for error is significantly reduced. As certified Xero bookkeepers, we can implement this powerful software within your business and work closely with you to maintain precise records of activities.
When it comes to making your annual tax submissions, we’ll make sure you hit every deadline in line with Making Tax Digital. Or, if you choose, we can do it all on your behalf. No more year-end accounting drama!
Make better business decisions
Without a clear view of your financial accounts, every business decision you make is a shot in the dark. Good bookkeeping facilitates financial reporting, giving you a crystal clear view of your financial data.
We can deliver you regular financial information to enable you to manage your cash flow, highlight cost savings, identify seasonal trends and manage your clients more effectively. Not only will you have a healthier business, but you can also begin to forecast accurately for scaling your business.