providing bookkeeping solutions, training,
support and advice
I work with clients to help them understand the importance of recording every transaction and to show them the best and most efficient way to do this, ensuring that when it comes time for their accountant to prepare the year-end accounts all the information is at their fingertips and in an orderly manner – which your accountant will LOVE!
I work exclusively with clients who use, or who wish to use, Xero cloud accounting and Coconut (best for sole traders) due to their user friendly interfaces and ability to give information in real-time.
So, if you want your bookkeeping to:
I understand that your business is different to every other in what it does and the way in which it operates, which is why I take the time to really get to know what you do, how you do it, what is important to you and what information you want to get from your accounts. So, whether your accounts are in a mess or you just want them to work better for you, bookkeepingb can assist by reviewing your existing bookkeeping processes and implementing time (and thereby cost) saving solutions. Once the processes are in place, the bookkeeping will be a breeze and you will have more time to do the things you love!
As well as providing the above tailored service, I can also provide the following standard bookkeeping services:
With proper bookkeeping companies are able to track all the information on its books to make key operating, investing and financial decisions. When you have real-time information about the state of your accounts you will be able to react quickly to any changes that happen to the market or to your business. You will be able to see your current bank account balance and your income and expenses, providing you with accurate insight.
Besides the fact that you are required under law to maintain accurate books and records, doing so will save you frustration later on. And, as bookkeeping tends to be less expensive than accounting, it’s helpful to know that having detailed and orderly records will shorten the length of time an accountant will spend on analysing your accounts and creating financial statements, saving you time and money.
With Xero’s mobile app you can do your bookkeeping on the go, whether it be on the train or in a coffee shop. You can reconcile your bank account, post your expenses or send out a sales invoice to your customers.
Xero can pull through the bank transactions from your online banking on a daily basis which saves loads of time and eliminates the errors that can come from manual input.
With Xero you can send out online sales invoices to your customers. Not only is it faster but it also allows you to see whether they’ve opened it and gives them the option to pay you online through your invoice – which means you get paid quicker!
Go paperless by simply attaching your purchase invoices and receipts to your Xero entries. This is great for saving on all that filing space and makes finding your documents in the future quick and easy.
Your data is secure in the cloud. If your laptop is stolen or a fire destroys your office being in the cloud means your data is safe and there’s no downtime. Everything is run online so there’s nothing to install and everything is backed up automatically.
Multi-user access makes it easy to collaborate online with your team. You can invite in your bookkeeper or accountant so that they can access the same information, even at the same time as you, enabling you to look at the information together in real-time.
Xero and MTD: If you run a VAT registered business with a taxable turnover above the VAT registration threshold you are required to keep digital bookkeeping records and send returns to HMRC using Making Tax Digital compatible software, such as Xero. Businesses with taxable turnover below the VAT registration threshold can also sign up for MTD for VAT voluntarily.
By opening a Coconut account (which can be done online and only takes a few minutes) you get a business banking account and bookkeeping in one! As you spend and receive funds Coconut keeps track of everything for you in real-time.
It categorises your business expenses, helping you to stay organised, allows you to create and send invoices and notifies you when you get paid. Get helpful tips along the way about what you can and cannot claim for tax purposes and see your estimated running tax bill as you go – so there’s no nasty surprise at the end of the tax year!
I believe that real value can be provided when working closely with clients who are dedicated to getting their accounting records and books in order. So, if you are a sole trader, start up or small sized business needing help getting started or support and advice on best practice then bookkeepingb can help.
I take the time to get to know my clients and listen to their needs and then put the processes in place, along with training and ongoing support, to ensure that their bookkeeping is working FOR them.
I started bookkeepingb because I realise that there are a lot of businesses and sole-traders out there who are brilliant at what they do but not so great at the record keeping and day-to-day bookkeeping. That is where I can help – organisation, processes and bookkeeping are my thing!
I am a full member of the Association of Accounting Technicians and have worked in finance for over 10 years. I have worked in a large global organisation, public schools and colleges and small accountancy practices.
Elouise Mullis T/A bookkeepingb
Elouise Mullis is licensed and regulated by AAT under licence number 1003841. AAT is recognised by HM Treasury to supervise compliance with the Money Laundering Regulations and bookkeepingb is supervised by AAT in this respect.
“Elouise facilitated in an excellent and professional manner in regards to our Accounts system. We would certainly recommend her services.”