Book-keeping: The Foundation of Accurate Accounts

Efficient book-keeping is the first and most important step in preparing accounts. At MG Walker & Co Ltd, we understand that maintaining accurate records is crucial to producing correct Profit and Loss statements, VAT returns, and final accounts for submission to His Majestys Revenue and Customs (HMRC).

The Importance of Accurate Book-keeping

Inaccurate records can make producing essential financial statements difficult, time-consuming, and prone to error. HMRC requires that records are kept diligently, and any mistakes can lead to complications, including fines for inaccurate record keeping. Our book-keeping service includes a reconciliation of payments and receipts with your bank statements, ensuring your accounts are accurate and up-to-date.

Our Comprehensive Book-keeping Service

MG Walker & Co Ltd offers a dedicated book-keeping service designed to remove the pressure of compliance from your shoulders. With our state-of-the-art software and experienced staff, we provide:

• Accurate Record Maintenance: We ensure that all your financial records are maintained with precision, making subsequent processes like preparing Profit and Loss statements and VAT returns seamless.
• Digital Convenience: There is no need to visit our office; your records can be sent to us digitally for processing.
• Employee Training: We can install our book-keeping software and train your employees, ensuring a smooth transition and accurate record-keeping.
• Timely Compliance: With the imposition of quarterly returns of business profits to HMRC, our service ensures you are always in compliance and avoid costly fines.

Let Us Help You Focus on Your Business

By using our book-keeping services, you can remove the burden of maintaining accurate financial records, allowing you more time to concentrate on developing your business. We are here to help you navigate the complexities of record-keeping and ensure that your accounts are always in order.

If you would like to discuss our book-keeping service further, please contact our team at 01246 272 888 or 07768 997711.