Bookkeeping
It is estimated that small business owners spend around 12 hours every month on bookkeeping and other tasks related to their business finances. That’s 12 hours a month that could be better spent on running and growing your business instead.
AMA Accountancy offers a managed bookkeeping service which means you can hand all your financial tasks to us and we will keep everything in order for you while you focus on running your business.
Worried you will lose control of your business?
We get it. Running a business is hard and delegating to others is even harder! We offer a friendly and professional service, and are happy to meet to run through monthly updates or just chat through any queries. It’s important that you feel in control of your business and we make sure that’s always the case.
“Alicia is helping me with my accounts each month. She is very knowledgeable and approachable, and also down to earth and fun to work with! She comes up with ideas to improve my financial processes, and help make things more efficient. It is such a relief to have her working with me - it takes the pressure off and lets me focus on my work without worrying about the finances. I would definitely recommend.”
Are you MTD ready?
Making Tax Digital for Income Tax (MTD) rules apply to you if you’re registered for Income Tax Self Assessment and have a qualifying income of more than £10,000. If you meet this criteria, from 6 April 2024 you’ll need to use MTD compatible software to:
• keep records of your business income and expenses in a digital format
• send quarterly updates of your business income and expenses to HMRC
• finalise your business income and submit your final declaration
AMA Accountancy can help you prepare for this deadline and ensure your systems are all in place to record your income and expenses, be ready to submit quarterly updates to HMRC and be ready to submit your final declaration on time.
If you’re already using accounting software such as FreeAgent, Xero or Quick Books, we will make sure the software is set up properly to make best use of it. We can customise reports, invoice templates and set up automations when invoices are paid so it saves valuable time.
If you haven’t chosen an accounting software yet, we can chat through the options and help you choose the best one for your business. Or maybe you are using some software that isn’t providing what you need? Let us help you work out which software is best for your business – we will handle the transition to new software so you don’t need to spend any unnecessary time on it.
With AMA Accountancy you know you can put your feet up at the end of a busy day while your accounts are in safe hands. No more worrying about setting time aside to send invoices, or chase late payments, or record all your bills and expenses. We take care of everything and are always on hand to answer any questions.
As well as Bookkeeping we also offer services for Limited Company accounts, Self Assessment, Payroll and VAT Returns. AMA Accountancy is a one-stop shop for all your financial and accountancy needs.
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