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Karaccounts profile image

Karaccounts

Middlesex

General Book keeping Sales Ledger- raising and issuing sales invoices and credit notes, customer allocations, preparing and issuing statements, credit control. Purchase Ledger- Entering purchase invoice and credit notes on software, preparing payment runs, supplier allocations. Bank Reconciliation- Monthly bank reconciliations and investigating any disprepancies Expenses- Handling credit card and petty cash expense claims VAT Returns- Preparation of, but not submission of VAT returns General- Paperwork management, filing, numbering, scanning and uploading and sorting on online cloud storage Management Accounts Cash-flow forecasting, investment funding application budgets, and forecasts Accounts Department Quick Start Blitz In house organising of accounts department, bringing accounts up to date, creating streamlined processes, schedules, and procedures for entities to continue from independently Self Assessment Tax Returns Preparation of self-assessment tax computation and submission of the self-assessment tax return for sole traders Completion of self-assessment tax computations for landlords, company directors, capital gains tax declarations, and submission of self-assessment tax return Payroll, VAT submissions, company accounts, corporate tax returns and confirmation statements coming soon!

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What kind of accounting services do you provide?

Complete bookkeeping services up to trial balance

I like to have my clients set up on software (Quickbooks/Xero/Sage One) as I believe it's a false economy trying to manage it all on spreadsheets. Working on software usually ensures that bookkeeping can be completed faster, accurately and much more reliably. Also ensures compliance with MTD.

Why is it so important for businesses to hire a great accountant?

It is important to ensure that your accounts are completed accurately and on time. Many of my existing clients come to me saying that they've tried keeping on top of their own accounts but it often gets in the way of their personal time and eats into when they should be focusing on their business rather than bogged down in the paperwork. Out sourcing can give you the piece of mind that your accounts are being looked after properly so you can focus on more important things

What do you love most about your job?

Helping small entities keep in control of their finances, rather than keeping their head in the sand. I like my clients being able to focus on building their business and increasing their profits, rather than being bogged down in paperwork.

What inspired you to start your own business?

Having a disability which makes committing to every day commuting difficult made me focus on setting up my practice so I could my services to clients without having to be at the mercy of a temperamental knee and femoral replacement every day.

Why should our clients choose you?

Working from home as an independent book keeper means I can provide a more personalised service to my clients and work with that's best for both of us. I can collect paperwork, clients can drop it to my house or even upload it all online. I'm not restricted to office hours meaning that if there is a deadline outside of the usual agreement I can usually meet this- or if a client needs to speak to me at 9am on a Sunday morning I am available. I'm always honest with my clients- if I feel there's an aspect of the bookkeeping that they can do themselves (such as invoicing through the software) and they are willing to do it themselves, then I am happy to teach them how to reduce their bookkeeping costs and save me duplicating work they'd done elsewhere.

As an independent bookkeeper, I am always studying for my next exam or qualification to ensure I am constantly developing my knowledge to expand the range of services I can offer and reassure my clients that my work is always based off the latest and most up to date information available.

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Who is this accounting for?

Business

How often do you need accountancy services?

I'm not sure yet

What is your annual sales or income?

Less than £25K

Is this business VAT registered?

Business is not VAT registered

How many employees does the business have?

1 to 5

Which accounting services do you need?

Company house registration

Do you have any additional details

Need help setting up company house registration. And other legal requirements.

Who is this accounting for?

Business

How often do you need accountancy services?

Once a year

What is your annual sales or income?

£100K to £300K

Is this business VAT registered?

Business is not VAT registered

How many employees does the business have?

1 to 5

Which accounting services do you need?

Managing accounts receivable and payable, Preparing tax returns, Auditing, Preparing financial statements, Bookkeeping

Do you have any additional details

I need an accountant as I am a new company to do my annual accounts and the basics that are essential.

Who is this accounting for?

Personal

What is your approximate annual income before tax?

£20k-£30k

Which accounting services do you need?

Managing accounts receivable and payable

Do you have any additional details

I need help with my taxes because I think that, I am paying too much tax and advice on setting up my own business

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