[United Kingdom - 11/07/2019] – Milestones Accountancy Solutions offers bookkeeping services to help companies keep better track of their finances. The accountancy solutions firm can process the books for the customers or teach them how to more effectively navigate the process. Milestones works with various clients in different industries.

The Importance of Bookkeeping

Companies need to keep accounting records, including the following: assets, debts and stocks owned by end of the financial year, all money spent and received, all goods bought and sold and other relevant documents, such as contracts, invoices and bank statements.

These documents and information are necessary for filing the Company Tax Return and annual accounts HM Revenue and Customs or HMRC. Additionally, bookkeeping helps business-owners keep track of their finances, which is crucial to maximising company resources.

The HRMC may check the books to make sure the company is paying the right amount of tax. Company directors who do not keep accounting records may get fined £3,000 by HMRC.

Getting Bookkeeping Services

A bookkeeping service provider ensures that the company complies with HRMC standards and carefully audits the money going in and out. Milestones Accountancy Solutions offers bookkeeping services according to the needs of the customer, processing the books on behalf of the client or teaching the client how to do it.

Milestones’ bookkeeping services include monthly, quarterly or annual bookkeeping. Additionally, each client gets an appointed accountant who will learn the business to gain a complete understanding of how the company operates. Apart from bookkeeping services, Milestones also manages CIS and PAYE, produces quarterly accounts and submit VAT returns.


About Milestones Accountancy Solutions

With over 30 years of experience in accounting, Milestones Accountancy Solutions has the resources capable of assisting customers in their bookkeeping concerns. Serving Kent, Orpington and London, Milestones offers other services, including accounts preparation, VAT returns, payroll and CIS, corporation tax and tax planning. The accountancy solutions firm provides excellent accounting basis while complying with government standards.

Visit http://masaccountancy.co.uk for further details.