Find Bookkeeping Services For Small Businesses at Affordable Rates

Accounting and Finance Outsourcing – Let Affinity Associates Offload You Professionally

In today’s rapidly changing business environment, it has become increasingly important for companies to focus on their core competencies while outsourcing non-core activities. One such area that can be outsourced is accounting and finance. Accounting and finance outsourcing refers to the process of hiring an external accountancy firm to handle the financial and accounting activities/tasks instead of your firm.

Not only in the United kingdom, but Accounting and Finance Outsourcing is in trend across the globe. Many accountancy practices in the UK have partnered with outsourcing accounting services providers like Affinity Associates to off load themselves, increase their ROI, and reduced over head costing of the company. There are tons of benefits of finance and accounting outsourcing, and before we move forward to why consider Affinity Associates for accounting and finance outsourcing in the UK, lets understand some of the most common benefits of outsourced accounting services.

Benefits of accounting and finance outsourcing

Cost Reduction: Outsourcing accounting and finance functions can be cost-effective for businesses. By outsourcing, a company can save on the costs associated with hiring and training staff, purchasing equipment and software, and maintaining infrastructure. The external firm will handle all the necessary financial and accounting activities at a lower cost, which can help companies to improve their bottom line.
Improved Accuracy and Compliance: Accounting and finance outsourcing firms are specialized in their field and have a team of experts who can ensure that all financial transactions are accurate and comply with relevant regulations. This can help companies to avoid costly mistakes and penalties and improve the quality of financial reporting.
Access to Latest Technologies: Accounting and finance outsourcing firms use the latest technologies and software to manage financial and accounting activities. By outsourcing, companies can gain access to the latest technologies without the need to invest in expensive software or equipment. This can help companies to improve their financial reporting and analysis.
Scalability: Accounting and finance outsourcing firms can provide companies with the flexibility to scale their services up or down according to their changing needs. This can be particularly beneficial for companies that experience seasonal fluctuations in their business activities.
Focus on Core Competencies: By outsourcing non-core activities such as accounting and finance, companies can focus on their core competencies and strategic goals. This can help to improve the quality of products and services, increase customer satisfaction, and enhance competitiveness.

In conclusion, accounting and finance outsourcing can provide significant benefits to businesses of all sizes. By outsourcing financial and accounting activities, companies can reduce costs, improve accuracy and compliance, access the latest technologies, achieve scalability, and focus on their core competencies. Therefore, it is worth considering outsourcing accounting and finance functions as a strategy to improve business performance and competitiveness.

Why Consider Affinity Associates for Finance and Accounting Outsourcing?

There are hundreds of finance and accounting outsourcing services company in the United kingdom, but very few accountancy firms can match the level of professionally that Affinity Associates has to offer. When you partner Affinity Associates, you enjoy premium quality services at affordable rates. However, below are few reasons that justifies why you should consider Affinity Associates for Accounting and Finance outsourcing services, and they are:

1] Industry Experience: Well, it’s been more than a decade since Affinity Associates started offering finance and accounting outsourcing services to accounting practices in the UK. During these years, it has worked with individual accountants, small accountancy firms to established accounting firms in the UK. Therefore, it has the experience and packages that fits every requirements and budget.

2] Team of Skilled and Certified Professionals: Affinity Associates believe in offering the most UpToDate and accurate accounting, bookkeeping and other financial services to its clients; thus, it has separate teams of certified accountants, bookkeepers, and finance experts to ensure the quality of its services. All the teams under the hood of Affinity Associates works collectively to offer the best accounting and finance outsourcing services in the UK at the affordable prices. Get a free quote today!

3] Access to latest infrastructure: Affinity Associates constantly upgrades it infrastructure to the most modern and latest one, and to ensure 100% security of the shared data – whether its shared financial information of clients or about offering cloud accounting services, Affinity Associates has everything in place. Confidential financial information of clients is protected by 3-layer security so that it is protected from external as well as internal threats and hacks. Moreover, Affinity Associates offers financial and accounting services that are secure and allows clients to access their financial data from anywhere at any time.

4] Accurate and Reliable Services: Affinity Associates has been one of the most reputable finance and accounting outsourcing services providers in the UK. The team of accountants, bookkeepers, and other financial experts are well versed with all the tax rules and compliances in the UK. This decade long experience and exposure of the industry enables Affinity Associates to offer to the most accurate, UpToDate, and reliable finance and accounting outsourcing services to accountancy firms in the UK.

Affordable Services: Affinity Associates is known for offering affordable accounting outsourcing services in the UK. Whether you are an individual accountant, a startup, or an established brand, Affinity Associates has packages to meet your requirements and budget. Whether you want to hire an individual accountant or whole team of accountants, Affinity Associates has got your covered.

Best Outsourced Accounting and Finance Services in the UK

Professional accounting and finance outsourcing services by Affinity Associates can boost the growth of your accountancy firm in the UK. It not only offloads you, increases your profit margin, but it also offers you a free time that you can invest in expanding your business and explore few more horizons.

If you are interested in learning more about finance and accounting outsourcing, how it can benefit your accountancy price, and what is the overall monthly cost of outsourcing, then feel free to contact Affinity Associates at . We offer free consultation to help you understand the benefits of outsourced accounting and bookkeeping services in the UK.

Please Avoid These Accounting Mistakes in the Coming Years

Being an accounting practice in the UK is not easy. It demands a lot of patience, time, hard work, and focus in maintaining clients’ financial data accurately and in a presentable format. A small error or mistake can lead to serious damage to your business. Therefore, you cannot afford to make a mistake while maintaining and filing the data. Based on our years of experience, below are some of the most common accounting mistakes that you can avoid to ensure a happy year for you as well as for your client, and they are:

1] Wrong Entries:
Accounting and bookkeeping are all about numbers, but a single wrong entry can spoil all your calculation resulting in a waste of time and effort. The most common error is simply entering the wrong amounts, incorrect dates, or selecting the wrong category of the given cost, and you need to make sure you are not repeating these mistakes in the coming year. This incorrect hurts even worse if you are doing it for a VAT-registered client.

2] Skipping Receivable/Payable:
Well, the second error on the list is not checking the account payable and account receivable. Accounting to accounting experts in the UK, you can easily overcome these mistakes is to bring up a ‘Accounts Payable’ report, as it shows who you owe what to on any given day. If you have some items that are negative figures, then it’s likely you have a bookkeeping problem. Another common indicator of a mistake is where this report has negative figures on it, aka incorrect balances. So, to avoid this mistake, closely check your accounts payable and accounts receivable reports.

3] Avoiding the Use of Modern Accounting Software:
We live in the age of the internet and if you are still using spreadsheets to maintain your clients’ financial data then it is time to reform and modernize your accounting practice. Modern accounting and bookkeeping software are easy to use and affordable. Investing in the right accounting and bookkeeping software can help you avoid mistakes and ultimately make it easier to handle your finances. There are many benefits of using reputable accounting software such as it becomes easy to back up data in case of an emergency, you can have all the financial data at a centralized location, and easy availability of the data whenever required. Additionally, you can also suggest your clients consider cloud accounting and cloud bookkeeping services as it comes with tons of benefits.

4] Not Having the Habit of Taking the Back:
In case, you keep manual records using Excel or Google Sheets, it is crucial to back your data up daily. You should back up your data even if you are maintaining the records digitally using online accounting software. Most online accounting software (including Xero) will back up your data automatically every 24 hours but always check with your software provider to ensure it is backed up at least once a day, ideally to several safe and secure locations.

How Will You Avoid These Accounting Mistakes in 2023?

If you are still repeating these mistakes or feel like taking assistance from accounting experts in the United Kingdom, then help is just a call away. Call Affinity Associates at +44 20 8903 2077 and get all your problems sorted out by industry veterans. Whether it is bookkeeping, accounting, payroll, or anything related to Tax accounting, you will get expert assistance and services at affordable rates.

Affinity Associates is one of the best accounting outsourcing services providers in the UK. To learn more about the outsourced accounting services, how much will it cost you, or how you can hire an accountant, feel free to write your requirements to Affinity Associates at info@affinityassociates.com.

Affinity Associates is Here to Help

If maintaining your clients’ accounts, books, and other financial data is giving your sleepless night, then it’s time to consider professional help from Affinity Associates. Our outsourced accounting, bookkeeping, and financial services will make sure your time is saved, you are not falling victim to common mistakes, and you have enough time to focus on business growth activities. Get in touch with our expert accountants today.

Bookkeeping Services for Small Business – When Should You Consider Hiring Bookkeeping Services?

Bookkeeping services for small business work as a vital external help to businesses across the UK. It is perfect for small and medium-sized businesses that stay occupied in one or the other business activities and have no time to manage their books and accounts periodically.

Whether you are a small business owner or own a large company, taking care of your business tasks and getting involved will always make you feel proud. Participating in business activities will keep you aware of what’s going on within the organization but also helps you make crucial business decisions whenever required. But just imagine, you are so occupied with business tasks that you are unable to focus on other activities that can lead to business growth. Yes, we are talking about some business activities like Bookkeeping and Accounting that can consume a lot of time.

Unless you are a professional bookkeeper or an accountant, these tasks will keep you engaged and won’t let you focus on core business activities. Here are some of the most common scenarios that indicate that your small and medium-sized business needs online bookkeeping services for small businesses in the UK.

Why Do Small Businesses Need Online Bookkeeping Services?

You Don’t Have Time for Other Activities: This is one of the most common scenarios that force UK small businesses to consider outsourced bookkeeping services. As the business grows, the word load increases and increases the financial transactions. In such a case, business owners find it hard to switch between multiple tasks within the organization.

If the same is the case with your small business, then get in touch with a company that offers bookkeeping services for small businesses so that you can reprioritize and focus on what’s more important in your business. Online bookkeeping services for small businesses help you focus on the activities that can lead to exponential business growth.

You Are Not Regular: As you are not a pro at bookkeeping and accounting, you keep them avoiding them, and wait for the tax season. One more reason why you keep avoiding bookkeeping and accounting is that you don’t have enough time to manage high-billing volumes and back-office paperwork daily. This pile of work creates problems at the time of tax season when you have to collect all the financial information, prepare a report, and submit it to the respective tax department. In case, you fail to do so, you will be eligible for penalties by the tax department.

You are not a pro at Bookkeeping: Being an entrepreneur, you are good at doing business in your respective industry, but it is not mandatory that you should be a pro at maintaining your books just an experienced bookkeeper. Moreover, bookkeeping and accounting are tasks that demand 100% accuracy and perfection, or else you may have to feel the heat from the tax department.

Unaware of tax rules and compliance: Tax rules keep on changing every year, and it becomes hard for a typical business owner like you and me to stay updated with all the changing norms and compliances. And might cost a penalty for our business at the time to tax filing. Thus, if it is tough for you to stay updated with tax compliance, then it’s better to engage with Bookkeeping and Accounting Services for Small businesses.

What is the cost of online bookkeeping services for small businesses?

Due to immense competition in the outsourcing industry, online bookkeeping and accounting services for small business has become an inexpensive deal. You can easily find an affordable bookkeeping services provider near you. Or you can also ask different companies to provide you with a friendly quote and the types of services they offer under the hood of online bookkeeping services. Just to understand how much Bookkeeping Services for Small Business can cost you, please refer to the Affinity Associates pricing page.

Online bookkeeping services are more cost-effective and reliable than in-person accounting services. This is because they minimize the risk of human error and fraud that can often occur with paper recordkeeping. For a free quote or to know how online bookkeeping and accounting services work, please click here.

What are the benefits of online bookkeeping services for my business?

Finding the right bookkeeping services can be a daunting task. You want to find someone who is experienced, reliable, and affordable. You need to find someone you trust, who is comfortable with the intricacies of your business and has the resources to handle all your needs. When looking for a professional bookkeeping service, it’s important to ask questions about experience, cost, and the process for handling transactions.

There are many benefits of utilizing online bookkeeping services for businesses such as they can help you save time and money by streamlining your monthly financials, eliminating duplicate data entry, providing valuable insights into your company’s spending habits, forecasting future cash flows, and more.

Moreover, Bookkeeping Services for Small Businesses offers a big reach if your business/services are not confined to specific regions or states. An online bookkeeper from a top-rated outsourced bookkeeping services provider can help you manage your finances from anywhere. You won’t have to worry about traveling for meetings and appointments, as your team will be able to collaborate from the comfort of their home or office.

Online Bookkeeping Services for small businesses offer a flexible team Structure. Most online bookkeepers provide a variety of services, so your team can decide on which ones they need rather than having to ask each supplier for what they’ll offer you. In addition, it allows teams to work remotely and collaborate easily in real-time with their colleagues.

Do We Offer Free Consultation on Bookkeeping Services for Small Businesses?

We are Affinity Associates, and we are one of the best online bookkeeping services providers in the UK. And we do offer 100% free consultation to small businesses that have questions, doubts, or insecurities related to outsourced bookkeeping services. To schedule a free consultation to learn more about the online bookkeeping services, how it works, and what is the cost of outsourced bookkeeping services, please call us at +44 20 8903 2077 or visit our website at https://www.affinityassociates.com.

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Bookkeeping Services for Small Businesses – Important Questions Answered by Experts in the UK

Bookkeeping Services for Small Businesses – We understand how tough it is to manage your business single-handedly. Shuffling between tasks within your organization and executing them perfectly and professionally requires immense knowledge and patience. But, at the end of the day, there are some tasks in your company that remain unattended and bookkeeping and accounting are some of them.

Even though bookkeeping and accounting are the most important tasks, they are overlooked unintentionally. So, what can be a long-term solution to make sure your books are managed accurately. Bookkeeping services for small businesses offered by outsourced bookkeeping firms like Affinity are the best solution that you need to adapt to maintain your financial records professionally and accurately.

To help you decide whether bookkeeping is perfect for your small business or not in the UK, here we’ve answered some of the most common questions. Let’s start.

What is outsourced bookkeeping services for small businesses?

Outsourced bookkeeping services are a process of contracting a remote team from a company to manage your company’s books. These companies will manage your company’s books at the best rates keeping your tax rules and compliances in the mind. These outsourced bookkeeping firms also offer services such as Accounting, Tax Preparation, Payroll Services, and everything related to finances. For a better understanding of the list of services offered, you can refer the Affinity’s services page

Are bookkeeping services for start-ups?

Yes, of course. Outsourced bookkeeping services are for every business – from sole entrepreneurs to start-ups to small and medium-sized businesses. In fact, bookkeeping services for small business by companies like affinity is more affordable than hiring a full-time or part-time bookkeeper. Also, it saves you from hassles such as setting up a workstation, employee benefits, payroll management, and more.

Are bookkeeping services for every industry and domain?

Yes, outsourced bookkeeping services are for every business despite their domain, industry, size, and budget. From restaurant to the hotel, and from dentist to lawyer, everyone can enjoy the rewards offered by small business bookkeeping services offered by companies such as Affinity Associates. Want to know whether your business is ready for bookkeeping services, ask the experts.

What is the cost of bookkeeping services for small businesses?

Well, the cost of outsourced bookkeeping services for small businesses depends on many different factors number of resources you want, cost of per resource, type of services you need, and more. Some outsourced bookkeeping firms may ask you to sign lengthy contracts, but some companies like Affinity Associates have flexible and affordable hiring modules “Pay as You Go”. These modules are quite affordable, and you don’t have to pay more.

What are the bookkeeping price packages?

Bookkeeping price packages for small businesses are quite affordable (The cost of bookkeeping services may range from £10/hour to £18/hour). However, you can also customize the packages as per your business requirements. You can hire bookkeepers to work on a project full-time basis, hourly basis, or part-time basis, or anything other modules that suits you.

What are cloud bookkeeping services?

Cloud-based bookkeeping services are in trend. Cloud bookkeeping services are offered using cloud-based software so that it becomes easy for you to access your financial data from anywhere and anytime. Moreover, cloud bookkeeping services guarantee more security.

Want to learn more about bookkeeping services for small businesses? Ask the Experts. Login

If you still have any doubts/questions in your mind, then we request you to please contact our bookkeeping experts at Affinity Associates or call us at +44 20 8903 2077 (London). Let’s get connected over social networks – like us on LinkedIn and Facebook for daily updates.

What’s the best time for Businesses in the UK to Consult Local Accounting Firms for Bookkeeping and Accounting Services?

The trend of consulting a local accounting firm to take care of accounting, bookkeeping and payroll tasks is quite high among the small businesses across the UK. Plenty of businesses coming from different business domains have offloaded themselves by forwarding their accounting and bookkeeping tasks to London based accounting firms like Affinity Associates. This smart move has not only offered them a lot of free time to focus on their core business activities, but have also offered them a clear insight on their financial status annually / quarterly or whenever they want.

However, there are still some small and medium-sized businesses across the UK that are not sure about when to consult a local accounting firm for bookkeeping and tax accounting services. If you are among those businesses who want to try accounting and bookkeeping services instead of hiring a fulltime or a part-time accountant, but don’t know whether the time is right or not, then keep reading this blog. Here we are going to discuss the best time to hire accounting and bookkeeping services in London, Harrow, Wembley and across the UK.

Time based decision

At the beginning of the Financial Year: At the end of the financial year, if you felt that it was not your cup of tea to manage your accounting and bookkeeping tasks, then contacting an accounting firm at the beginning of the financial year is the best decision you can take in the favour of your business. This will benefit you in multiple ways and throughout the year.
At the Earliest: Every business is different; and so are its requirements. Therefore, the decision of hiring an accounting firm to take care of your accounts should not wait for the ideal time. Businesses and processes will forever remain in a state of flux, and it is entirely possible that future plans may be disrupted unwittingly. It is therefore, advisable to hire a reputed accounting firm like Affinity Associates to take care of your accounting and bookkeeping tasks, regardless of the “idea time”.

Need Based Decisions

Hiring an external resource to help you in your day to day activities / tasks is a need-based decision and, the circumstances are most likely not expected to change over a period of time. For example; let us consider a small business that is expanding and running short of skilled manpower to help him/her in implementing the day-to-day business tasks. In this situation, when the company cannot tend to afford a fulltime resource, it will certainly look for an option where it can hire and release the employee when needs arise.

When You Are a Start-up: When you are at your budding stage; you are prominently look at ways for cost cutting. Therefore, instead of hiring a full-time resource, you consult an agency at the early stage so that it can help you bring in cost effective measures in the beginning; thereby slashing expenses considerably.
Shortage of Skilled Professionals: Not only cost cutting, but businesses are consulting agencies for the quality of work they get from those agencies. Instead of hiring an inexperienced employee, they get a skilled resource at one-fourth of the price. The professional expertise and the specialist knowledge in the domain of a partner will certainly help you improve the quality of your work.

Contact Affinity Associates

If you are a start-up or an established business looking for skilled accountants or bookkeepers to help you take care of your accounting tasks, then its best to contact Affinity Associates in London. We are offering a free consultation to answer all your questions and explain you the advantages of our personalised accounting and bookkeeping services for small businesses in the UK.

To schedule a free consultation, email us at info@affinityassociates.com or call us at +44-020-8903-2077.

Here’s Why Outsourced Bookkeeping Services is a Long-Term Solution

Most small business owners across the world start doing everything themselves – marketing, sales, IT, HR and sometime keeping their own books. As they keep stretching themselves beyond the limit, as many responsibilities as they can in an attempt to keep up.

If you are planning of starting a small business, you can learn from this common mistake. When you start your business, it is necessary that you identify what your core business activities and which activities can be offloaded. To be a successful entrepreneur, it’s vital that you take advantage of all the cost-effective expertise that’s offered in the market today – like outsourced bookkeeping services. This is because, the DIY, learn-as-you-go approach to things like bookkeeping can result in costly, easily avoidable mistakes.

From Recording Transactions to Financial Reporting and Forecasting

In easy to understand words – a bookkeeper is an individual in the company who records a company’s financial transactions at a fixed interval of the time – in most cases, day-by-day. It seems to be an easy-going task, but managing the company’s financial reporting (accurately) can be a time-consuming and complicated, depending on the nature of the business.

Many smart entrepreneurs instantly realize that tracking all the cash flow that’s coming into and going out on a daily basis, and reconciling those amounts at weekly, monthly, quarterly and yearly intervals — demands more time and attention than they can actually spare. This is the reason why plenty of businesses are opting for outsourced bookkeeping services. The outsourced bookkeeping service providers leverage technology to ease the business owner’s workload as well as provide improved financial reporting and forecasting.

Working with Your Accountant for an Efficient Process

One more reason to go for outsourced bookkeeping services in London is that it cuts the stress at tax time by smoothing out the handoff to your accountant. The math behind this is quite simple – in order to prepare tax returns, your accountants require accurate and systematic records — the kind that an outsourced bookkeeping service can offer. If you think you’re saving money by having your office manager handle the books, wait until you get the bill from your accountant at tax time, after he or she has spent hours — with the meter running — sorting out your office manager’s work. Additionally, if you don’t have an inhouse accountant, these outsourced bookkeeping service providers have a strong network of accountants as well.

Gaining Real-Time Financial Insight

An extra reward of using an outsourced bookkeeping services in London is that you can start tracking your Key performance Indicators (KPI). That’s a great way for an entrepreneur to gain new insights into their company’s financial situation.

Based on their expertise and years of industry presence, these outsourcing firms can make tax laws work in your favor and advice you on improving your profit margins.

To conclude, outsourced bookkeeping services not only saves you time and money, but also provide a level of service and professionalism far beyond what you could attain by doing everything yourself.

To know more about how outsourced bookkeeping services can benefit your business in long run, please contact Affinity Associates at https://www.affinityassociates.com.

Here’s How Affinity’s Bookkeeping Services Can Make Your Life a Whole Lot Easier

Some years back, if a business owner required an accountant or a bookkeeper, then he/she needs to hire someone and create a separate department within their business for that function. As an economical solution to this problem, most of the small business owners and individuals have approached towards outsourcing their day-to-day bookkeeping tasks.

Outsourcing is a process of hiring a skilled resource from outside of your business to deal with your specialists tasks and paying them a fee to do so. It may be that you outsourced your bookkeeping, your payroll, your copywriting or your marketing. Irrespective of the task, if managed in the right way, outsourcing can add real power to your business.

For instance, let’s consider your bookkeeping tasks. If you are a small business, you tried to do absolutely everything yourself to save some money, which you can invest in business expansion. That said, it’s probably also the case that you reached a point whereby you realised that this was a false economy. Outsourcing your bookkeeping is an ideal way to ensure your financial affairs are kept in order, at the same time freeing yourself for the other core business responsibilities. By outsourcing your bookkeeping, you’ll:

1. Be More Active in Your Role:: If you are busy handling your bookkeeping tasks instead of focusing on what you need to do to expand your business, then indirectly you are chocking the growth of your business. By the time you are occupied in finishing your bookkeeping tasks, you miss more valuable business opportunities. Leave the task to the professionals and be more active in your role of expanding your business.

Irrespective of whether it’s you, or another member of your team who’s taking responsibility for your bookkeeping, there’s no getting away from the fact that the opportunity cost is probably higher than you realise.

2. Have Peace of Mind: : When you contract us for your bookkeeping and accounting tasks, we ensure that you have a complete peace of mind. We offer you all the back up of our expertise to ensure that the job is done in the most professional manner and on time. We also ensure our availability at the time of urgency as well. The level of peace of mind, we offer is hard to find even with the in-house resource.

3. Save More Money: : Our bookkeeping services for small businesses are not only professional but also economical. We can help you save more money than other service providers in the London. This is because you only pay for what your business needs. Unlike employing someone to do the job in-house, you won’t need to pay for periods of sickness or holiday pay. This means our services represents real value for money.

4. Always Have an Expert on Your Side: : An experienced bookkeeper or an accountant who is up-to-date with regulatory requirements will be on your side at any point of time. Each and every member of our team knows what’s required to do the job correctly. You can benefit from this expertise on a pay-as-you-go basis, only ever paying for what you need.

With more than 30 years of industry experience, we hardly found a small business owner who says he/she loves bookkeeping, and if you are one of them, then Affinity Associates is here to take charge of all your bookkeeping needs. By hiring a bookkeeper or the entire team of bookkeeper for your business will not only allow you to focus on your business, but will also provide you the exact picture of your finances. You get to do your job and you know that your bookkeeping is being done by an expert. That truly is win:win for you.

If you’d like to know more about the pros of our bookkeeping services for small business, then get in touch today at https://www.affinityassociates.com. We’re here and available to give you an impartial view of how your business might benefit from this opportunity.

Bookkeeping Services for Small Business – Hire Professional and Experienced Bookkeepers in London

There are plenty of factors that ensure the success of a small business – and maintaining accurate and up-to-date books is one of them. Bookkeeping is the process of recording financial transactions such as sales, purchases, payments and receipts, either by individual or organizations. To ensure the timely completion of your bookkeeping and accounting tasks, you need to hire an experienced bookkeeper or contact an accounting firm like Affinity Associates that provides professional bookkeeping services to small business across the London, United Kingdom. The bookkeeping services provided by these companies ensure complete relaxation and peace of mind.

Outsourced bookkeeping service is the best option for a small business owner who finds it difficult to maintain the balance between business accounts and other business processes. Outsourced bookkeeping services for small business ensure a perfect balance between the books of accounts, creating invoices and managing accounts payable. Other advantages of outsourcing your bookkeeping tasks are that you don’t have to hire an inhouse bookkeeper, you don’t have to train them, nor you have to worry about their salaries and other expenses. And these are the reasons why professional bookkeeping services are becoming very popular among various small business organizations in the United Kingdom.

With years of experience doing bookkeeping and general accounting for small businesses in London, Affinity Associates has developed tools and tricks to make this tedious process accurate and efficient. Our experienced team of bookkeepers and accountants can perform your complete back-end accounting and bookkeeping tasks or individual tasks, depending on your bookkeeping and accounting requirements. Moreover, to ensure 100% precision and synchronization, we use the trusted bookkeeping software such as QuickBooks, Peachtree, Quicken, MYOB, Sage Accounting or proprietary software to perform the work.

Being in the business for decades, we have the clients coming from different business domains. We take great pride in ourselves on having the ability to offer personalized bookkeeping services that are designed particularly to suit the preferences of every client. To ensure that all the transactions are documented properly, we allocate a dedicated resource to handle and manage each of our customers. Being a leading bookkeeping service provider, we are flexible in working with your in-house accounting team to streamline your business finances. Our team has the versatility and expertise to proactively contribute to your company, regardless of whether you are a small-scale and mid-sized business, CPA or perhaps CFO.

Our understanding and care for our clients extend beyond the bookkeeping and accounting services. Our experienced accountants have a high level of expertise and can offer productive financial advice, business planning and industry-specific guidance to your challenges. All of our work is done in-house and we provide infinite email, chat and phone support for any questions you have.

Let our team of bookkeepers and accountants help with bookkeeping so you can get peace of mind and focus on what’s important for your business. For a free consultation and quote, feel free to contact us at https://www.affinityassociates.com.

Tips To Efficiently Manage the Bookkeeping Tasks in Real Estate Industry

We all know that the global real estate industry is booming at a promising rate, the companies (both especially small and medium-sized) in this industry have been experiencing some challenges of late, including the credit crunch, reduced construction, reduced prices of commercial properties and reduced lending to name a few. As per the report published by Forbes, the real estate is expected to perform even better in 2019, which means the global real estate industry revenue is projected to increase in the next 5 years.

As the real estate industry offers plenty of opportunities for high volume transactions, it is mandatory that the companies associated with it keeps a check on the inflow and outflow of money, almost on a regular basis. Small and medium sized often find it difficult to maintain books of accounts themselves. Professional Bookkeeping services can help them stay on course and paint an almost accurate picture of their financial standing.

Follow These Tips to Efficiently Manage Your Bookkeeping Tasks

Timely Update your Accounting Books: Bookkeeping is a fussy process; hence, it is necessary that all your books are updated at a regular interval of time to minimize error and offer the greatest visibility. Small and medium sized companies often overlook or disregard bookkeeping tasks because of the tedious nature of the task. If it is not possible for you to maintain the account books for yourself, then it is advisable to outsource your bookkeeping tasks to firms like “Affinity Associates”. Bookkeeping services not only will not take care of your basic bookkeeping needs such as account maintenance, ledger services, forecasting and budgeting, but also cover a lot of accounting and financial related.

Maintain Your Records Perfectly: Not only in real estate industry, but in any industry, it is necessary to maintain the traction records perfectly. But, as the real estate industry deals with the large volume tractions at a fast pace, it is vital to have a pristine record book to avoid any accounting errors in the future. You can maintain your records in Microsoft Excel spreadsheets, and maybe a tryst with QuickBooks or more sophisticated, complex options, such as FreshBooks, BusinessWorks, Buildium, etc.

Make Use of Latest Technology in the Industry: Every industry is experiencing the technological drift; therefore, it is a smart decision to step up to the trending technology. You can make use of bookkeeping software such as Zoho Expense, Expensify or Abacus to help monitor data, keep a close track of records, and store eons of data in a fashion that is easily accessible. Moreover, you can also make use of apps like Evernote to create an efficient online filing system and do away with age-old physical filling cabinets. Technology makes data management fast, easy and convenient.

Keep the Professional and Personal Transactions Away: It happens that many of your family members are part of your firm, as a result of which, the thin line of distinction between “professional” and “personal” diminishes slowly. Anyone who maintains the bookkeeping for the real estate business should maintain even the small business transactions such as telephone bills.

Outsourcing Bookkeeping Services to Affinity Associates

At Affinity Associates, we offer a wide range of bookkeeping services, including creation and management of general ledger, trial balance, balance sheet, financial statements and expenses ledger to name a few. We have vast expertise in finance and accounting services have brought us accolades and support of loyal clients who have been our partners for years.

Our well-trained team and top infrastructure allows us to deliver cost-effective bookkeeping services that surpass the expectations of our clients. For a free quote and consultation on our Bookkeeping services for small and medium-sized businesses, please contact us at https://www.affinityassociates.com. Our experts will follow-up with a customized quote within 24 hours.

Top Reasons Professional Bookkeeping Services for Small Business

When you begin a business, any sort of business, you have to manage numbers. Regardless of whether huge or less, every business needs to keep an exact record of its each money related exchange. Buys, deals, installments, receipts – each and every development of cash that goes all through your business must be recorded.

It is conceivable to record everyday monetary exchanges without anyone else’s input; be that as it may, not all entrepreneurs are prepared or sufficiently experienced to do bookkeeping all alone. Consequently, it is a typical practice for various small and large businesses across the UK to depend on skilled bookkeeping services from well-organized and proficient bookkeeping firms in the UK.

In this blog, we will clarify why drawing in an expert accountant, who gives quality bookkeeping services to independent venture, is an awesome thought.

Three reasons why you ought to think about getting bookkeeping services for independent venture

In the event that you are simply beginning a business, you may feel that you needn’t to bother with an expert to take care of your day by day accounts. You maybe feel that hiring small business bookkeeping services once a quarter, once every half-year, or once a year to deal with the numbers is simply enough. In any case, there are a few decent purposes behind connecting with an expert bookkeeper for small businesses. Here are three great reasons:

Saving Time with Proficient Bookkeepers

It’s never been a good idea to start with bookkeeping all alone except if you as of now have enough abilities and expertise for it. Recording and handling expenses, payments, receipts and even tax, are only a small section of services and expertise possessed by the expert bookkeepers. They know how to streamline your whole bookkeeping process. They have what it takes to take every one of the figures, enter them into accounting software, and comprehend them. Professional accountants know how every exchange ought to be dealt with to give you valuable business reports. By and large, bookkeeping is a gifted and testing work, and hiring professional accountancy services will allow you to complete it substantially faster and effectively than you can.

Besides, getting bookkeeping services for small businesses takes away the issue of keeping up the precise budgetary records and gives you additional time, which you can use to center around your essential business exercises.

Proficient Bookkeepers Understand Your Business

Proficient bookkeepers have a more profound understanding of your funds since they manage them on an everyday premise. By offering the understanding of the accounts to you, talented bookkeepers can enable you to explore your business on a solid course. They can enable you to distinguish the potential monetary traps in time with the goal that you can take care of them. To summarize, proficient bookkeepers regulate your funds and help you ward off your business from inconvenience.

Helps Managing The Cash Flow

Proficient bookkeepers and specialists give a profitable administration, particularly with regards to monetary counsel, tax issues, and yearly returns. They watch out for your books every day. This causes them comprehend your cash flow better and monitor it, which is critical for the development of your business.

Hiring experienced bookkeeping services for small businesses is constantly profitable for any sort of entrepreneur. If you are looking for expert and skilled bookkeeping services for your small business in the UK, then get in touch with us at Affinity Associates.

Affinity Associates is one of the leading bookkeeping and accountancy firm in the UK. It has a team of expert’s bookkeepers and offers a range of bookkeeping and accountancy relevant services in London as well as across the UK. Visit https://www.affinityassociates.com/ to know more about their services.

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