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Accounting and Bookkeeping

Dealing with your bookkeeping and accounting can take up valuable time and resources that you could use more effectively elsewhere in your business. That’s why it makes sense to work with Banks & Co accountants.

Our first step is to make sure we fully understand your business, your current needs and your goals. Then we tailor our approach to exactly meet your requirements.

A key part of our service is preparing your management accounts, an essential source of the up to date financial data you need to make informed decisions on issues affecting your business. Timely accounts are also a valuable tool in sourcing business finance.

Timely and meaningful management accounts require accurate data entry. We offer a range of bookkeeping solutions and can post all your entries for you. However, we are happy to work with you if you prefer to post all or some of your entries. Our online accounting service allows us to divide the bookkeeping tasks between us, so that we provide as much or as little support as you need.

This ensures that you are getting the right service for you and making the best use of your and our time. You can find out more about this service in this animation. 

We can provide monthly, quarterly or annual reviews of your accounts and provide constructive advice. Your accounts will help you to set financial budgets and targets and monitoring your business performance against these targets assists us in identifying ways to further improve your internal processes and management.

Alongside management accounts and bookkeeping services, we can take on short-term projects to assist your staff during busy periods. We can also offer more specialist services, including maintaining VAT records and preparing and auditing pension fund accounts.

Because we want to make life easier for our clients, we offer payment plans to help spread the cost of your investment in our expert advice, along with fixed fees for compliance work.

For more information on how we can help you, please contact us.