Doing Your Own Bookkeeping? Brilliant.

Here's What We Need From You…

There seems to be a myth that accountants secretly hate it when clients do their own bookkeeping.

We can assure you, we don't. In fact, when it's done well, it's brilliant. You know your business better than anyone else. You know what you've sold, what you've spent and why you've spent it. Keeping your own records can save you time, help you stay on top of your finances and give you a much better understanding of how your business is performing. The only small catch? It has to be accurate.

We know… that's not quite as exciting as the YouTube video promising you'll "master bookkeeping in 20 minutes." So, if you're keeping your own books, here's what makes our team smile!

Start with your sales

Every sale should be recorded.

If you're raising invoices, make sure they're all there. If customers have paid you, there should be a clear trail showing where that money came from.

If £2,500 lands in your bank account with the description "Thanks mate 👍", we're probably going to have a few questions.

Then your expenses

Every business spends money.

The important part is recording every genuine business expense and keeping the receipt.

Shoeboxes full of faded paper receipts still exist. They shouldn't… but they do.

Photos on your phone, accounting software or receipt apps are all much kinder on everyone involved.

One thing to avoid is estimating.

"It was about fifty quid…"

It might have been. It also might have been £43.82. Accounting tends to prefer the second answer.

Bank reconciliation

This is the bit where you check that what's in your bookkeeping software matches what's actually in your bank account.

It sounds tedious. It is, a little. But it is also one of the most important things you can do.

It catches mistakes early, spots missing transactions and means your records actually reflect reality rather than what you think happened.

Keep business and personal separate

We've said it before and we'll say it again.

A separate business bank account makes everything cleaner, clearer and considerably less painful at year end.

Tell us when things change

Started using a new piece of software? Taken on a member of staff? Changed how you invoice customers?

These things affect how your bookkeeping should work.

A quick message to let us know means we can make sure everything is set up correctly rather than discovering it six months later.

The goal

Good bookkeeping is not about being perfect.

It is about having records that are accurate, consistent and complete enough that we can prepare your accounts, file your returns and give you useful information about your business.

When your bookkeeping is in good shape, everything else becomes easier.

And that is good for both of us.