Every business, no matter how large or small, is required by law to 'keep books'. This involves the recording of the financial transactions of a business, whether manually into ledgers or by entering everything on to a computer.
Many accountancy firms use bookkeeper to imput the daily transactions for sole traders and small companies whilst they concentrate on the finalisation of the accounts and taxation issues. Using a bookkeeper direct may save you money on your annual accountancy costs.
Regular monthly or quarterly accounts can help you keep a close eye on your business expenses and help you to run a more profitable company.