O.R Accountants

Keep your business records organised and up to date.

Accurate bookkeeping support to give you a clearer and more current view of your business finances.

We'll help establish a manageable process for recording transactions, maintaining supporting information, and preparing for future accounting deadlines.

Strong accounting starts with good records.

Bookkeeping is the process of recording and organising the financial transactions within your business.

When records are maintained regularly, it becomes easier to understand income and expenditure, monitor cash flow, prepare accounts and returns, and identify missing information before a deadline approaches.

We can provide ongoing bookkeeping or help improve the process you already use.

Bookkeeping shaped around your business.

Our Bookkeeping service may include:

  • Recording sales and other business income
  • Recording purchases and expenses
  • Organising invoices and receipts
  • Categorising transactions
  • Reconciling business bank accounts
  • Reviewing outstanding customer invoices
  • Reviewing amounts owed to suppliers
  • Maintaining records for VAT where applicable
  • Processing transactions using suitable accounting software
  • Identifying missing or unclear information
  • Preparing bookkeeping reports
  • Supporting year-end accounts, tax returns, and management accounts

The work and frequency will be agreed according to your transaction levels and reporting needs.

Flexible support for different businesses.

Bookkeeping support may be suitable for:

Sole Traders

Keep income and expense records organised for Self Assessment and MTD for Income Tax where applicable.

Limited Companies

Maintain company records and prepare suitable information for annual accounts and Corporation Tax.

VAT-Registered Businesses

Keep VAT information current and prepare for regular VAT Returns.

New Businesses

Establish suitable bookkeeping categories, software, and routines from the beginning.

Growing Businesses

Improve the quality and frequency of financial information as transaction levels increase.

Choosing a Bookkeeping Routine

Regular records are easier to manage.

Bookkeeping may be completed weekly, monthly, quarterly, or at another suitable frequency.

The right routine will depend on:

We'll help identify a frequency and process that are practical for your business.

  • The number of transactions
  • Whether the business is VAT registered
  • Whether payroll is operated
  • How quickly financial information is needed
  • Whether customers buy on credit
  • Whether management accounts are prepared
  • The reporting requirements that apply

Accounting Software

Use software that suits the way you work.

Suitable accounting software can help with:

Software should support your requirements without making the process unnecessarily complicated.

We can discuss available options and help you understand how records should be maintained.

  • Connecting business bank accounts
  • Recording transactions
  • Uploading receipts
  • Raising invoices
  • Monitoring unpaid balances
  • Maintaining digital records
  • Preparing information for returns and accounts

O.R Perspective

Bookkeeping should support your business throughout the year.

Bookkeeping is sometimes treated as an administrative task that only matters when a tax or accounts deadline approaches.

Current records can offer much more. They can help you understand where money is coming from, where it is being spent, what customers owe, and what obligations may be approaching.

The best bookkeeping routine is one that is accurate, consistent, and realistic for your business.

A manageable bookkeeping process.

  1. 1

    Review Your Current Records

    We'll discuss how transactions are currently recorded and identify the support required.

  2. 2

    Agree the Process

    We'll agree the software, information-sharing method, responsibilities, and bookkeeping frequency.

  3. 3

    Keep Records Current

    We'll provide the agreed bookkeeping support and raise questions while information is still recent.

Bring greater clarity to your bookkeeping.

Whether you need regular support or help improving your existing records, we'd be happy to discuss your needs.