Good reasons to choose our outsourced bookkeeping services
- Free up time – work on your business, not your books
- Get accurate figures – know where your finances stand
- Get your books done faster – we’re fast and accurate
- Access our expertise – we help you avoid pitfalls
- We work your way – we can work at your premises, remotely or both
- Software savings – we offer you modern software at cost price
What are bookkeeping services and why are they important?
Bookkeeping services ensure that your business’s financial records and daily transactions are handled professionally. These are just some of the essential bookkeeping services our experts will take care of for you:
- Making sure all financial transactions are accurately recorded
- Managing accounts payable (money you owe)
- Managing accounts receivable (money owed to you)
- Reconciling bank and credit card statements
- Maintaining accurate ledgers
- Generating financial reports (profit and loss, balance sheets and cash flow statements)
Good, outsourced bookkeeping services ensure your figures are accurate. This in turn makes it easier to prepare management accounts that help you make strategic decisions. It also makes it much simpler to prepare your annual accounts and company tax return, saving you both time and money.
What services do you provide as a bookkeeper?
When you sign up for THP’s bookkeeping service, we’ll assign you your own bookkeeper. That means the same person will normally be taking care of your books each month. To be fair, we do let our bookkeepers go on holiday from time to time, but don’t worry – when that happens, another member of our team will take over to handle your bookkeeping while they are off.
We also aim to shape our bookkeeping service to your business’s requirements. That’s why we offer you this choice:
- Essential bookkeeping services. We take care of your bookkeeping, pure and simple.
- Bookkeeping and accountancy services. We not only take care of your bookkeeping, but integrate it with other business accounting services. These might include annual accounts, VAT return services, payroll outsourcing and more. This allows us to offer a more comprehensive accounting service, giving you extra value.
On-site or remote bookkeeping service
Different businesses like to work with our bookkeepers in different ways. Some are happy for us to do their bookkeeping remotely. Others prefer to have our bookkeepers on hand so they can ask questions or share ideas. It’s up to you!
- On-site bookkeeping. We come to you and do your books at your premises. This is the ideal service if you don’t have time to scan in your paperwork to your accounts software or send it to us.
- Remote bookkeeping service. We’ll do all your books off-site. You simply need to let us have copies of your paperwork and access to your bookkeeping or accounting software. This service is best if you want to keep your bookkeeping costs lower.
- A bit of both. We’re flexible. If you’d like us to visit you some months and work remotely for others, that’s fine too. We’re happy to work the way that suits you best.
Do you offer bookkeeping services to all UK businesses?
Yes. We offer remote bookkeeping services to all UK businesses. If you need on-site bookkeeping, we can help if you are within a reasonable distance of our offices in London, Essex and Surrey (Wanstead, Chelmsford, Saffron Walden and Sutton).
How often do you need to do my bookkeeping?
We can either do your bookkeeping monthly or quarterly, depending on your preference.
That said, we strongly recommend choosing our monthly bookkeeping service. That way it’s easier to keep on top of your books and you’ll have a much clearer, ongoing insight into your finances.
Can a bookkeeper save me money?
Yes, a bookkeeper can save you money. For example, a THP bookkeeper can help avoid costly errors such as missed invoices or duplicate payments. Well-kept books also help you manage your cash flow better, helping you to time payments and income more effectively. They also mean your accountant can complete annual accounts and tax returns faster, resulting in lower fees. Finally, opting for an outsourced bookkeeping service means you can focus on building your business, not financial admin.
Help with bookkeeping software
If you don’t have bookkeeping software, we can help!
We are very happy to evaluate your business’s needs and recommend suitable bookkeeping or cloud accounting software. We can also help you save money by letting you have access to the software at the cost-price we pay for it.
If you already have bookkeeping or accounting software, that’s great. We are experienced at working with all major software packages – and many others besides!
Why choose THP for your bookkeeping service?
Perhaps the best reason to choose THP for your bookkeeping service is that we’re expert accountants, not just bookkeepers. Our accountants, bookkeepers and tax specialists have a huge amount of shared expertise, and we’re used to working for larger businesses and those with complex requirements. If your allocated bookkeeper doesn’t know the answer to any question you may have, one of their colleagues most certainly will.
Choose our expert bookkeeping service today
If you’d like to benefit from our expert bookkeeping service, get in touch with us today. Our outsourced bookkeeping services help many businesses keep focused on what they do best – and we work hard to help you to thrive. To learn more, or to get a bookkeeping quote, get in touch today.
Meet some of the THP bookkeeping team
Kirsty Demeza
With a portfolio that ranges from startups to companies with a £10 million turnover, Kirsty’s talent for working closely with her clients ensures her services remain in strong demand. “When you help a new business and watch it expand into new premises and secure big contracts, it’s a great feeling,” she says. As well as providing accounting services for business that range from tax planning and bookkeeping to audit and accounts, Kirsty’s part of THP’s sales team and closely involved in helping our trainees to develop their skills.
Debbie Jackson
Debbie Jackson has worked at THP since joining us at the beginning of her career. Specialising in accounts preparation and bookkeeping, Debbie prides herself on liaising with clients and team members to provide a good service. “I do enjoy talking with my clients,” explains Debbie. “Also getting the satisfaction of completing the accounts and the different variety of work.”
Jennifer Creevy
With an academic background in Natural Sciences, including quantum chemistry and pure mathematics, Jennifer brings an analytical and detail-oriented mind to accountancy. The majority of her work is split between statutory audit and the preparation of annual accounts, although she is just as adept at other business accounting services such as bookkeeping and VAT returns. She particularly likes visiting clients who work in different industries and witnessing how accounting services can transform their businesses. Jennifer loves puzzles and thinks of accountancy as being very much like Sudoku: “It’s all about getting the right number in the right box”.
Khalida Din
Khalida joined THP in 2022 and works as an Accountant from our office in Cheam Surrey. Khalida has gained her accounting experience over many years working in private practice for a number of accounting firms. She is currently studying to achieve her ACCA qualification and her main tasks include bookkeeping, accounts preparation, Self-Assessment Tax Returns and Corporation Tax Returns. Khalida particularly enjoys developing close working relationships with the clients whose affairs she is working on and liaising with HMRC on their behalf.
Adam Selenic
Adam began his career in 2013 working for Dutchmans Chartered Accountants as an Accounts Assistant, joining THP in 2021 as a result of a merger. Adam’s duties include assisting with audits, inputting information onto the tax software, preparing accounts and providing bookkeeping services for clients. Adam is now continuing his accountancy training whilst benefiting from the exciting opportunities of working within a larger firm with lots of different specialists to learn from.
Melanie Robinson
Melanie started with THP in Wanstead at the beginning of 2020 and was impressed that we were still recruiting during the pandemic. She is a self-taught expert at using Xero Cloud Accounting software and enjoys helping accounting and bookkeeping clients transition to becoming familiar and comfortable with the latest, more efficient technology and to ditch their old manual paper records.
Amy Livermore
Amy started with THP at our Cheam Office in 2021 as an Accountant and Bookkeeper after working for other accountancy firms in a similar role. THP felt like a close knit team which is very important to her, and she knew that we would help her develop her career by providing the very best training and experience. Amy is a great team player and her specialisms include bookkeeping and accounts preparation as well as cloud accounting.
Bookkeeping service FAQs
All businesses need bookkeeping services. If your company doesn’t have its own, internal and professional bookkeepers, it’s a smart move to invest in outsourced bookkeeping. That way, you benefit from a fast service and have peace of mind that your books are accurate.
Yes, particularly if you don’t have in-house expertise. Without it, there’s a much greater chance your books will contain mistakes. These can cause problems further down the line, such as when you prefer your annual accounts or company tax return.
We don’t do payroll as part of our standard bookkeeping service package. However, we do offer separate payroll outsourcing services for companies of all sizes.
A bookkeeper focuses on the day-to-day transactions of your business. This involves tasks such as managing invoices and reconciling bank statements. An accountant has a broader and more analytical role. They can provide services such as tax advice or preparing your annual accounts or company tax return. At THP, both accountants and bookkeepers provide our bookkeeping service. We also offer a full range of business accounting services.
How much outsourced bookkeeping costs depends on the size and nature of your business. Get in touch today and we’d be delighted to give you a competitive quote.
No. However, if you use our bookkeeping service it can make some of our other services cheaper. For example, if we do your bookkeeping, it will normally cost you less for us to prepare both your annual and regular management accounts.
Most of our clients prefer to work with a single, named bookkeeper. So they’ll be doing your books most months or quarters. Of course, if your bookkeeper is unwell or on holiday, a colleague will make sure your bookkeeping is still done to schedule.
Bookkeeping News
Want to learn more about Bookkeeping? If so, please browse our blog articles.
