BOOKKEEPING AND PAYROLL SERVICES

All Your Bookkeeping and Payroll Services all your Needs in One Place

Bookkeeping and payroll services can help you to keep track of your financial information, which is essential to the operation and growth of your company. But as a small business owner, it can be difficult to track all your financial information on your own. This is especially true when you have multiple employees and are managing a variety of other responsibilities.

With bookkeeping and payroll services, you will have an expert who knows how to properly record every transaction in your company’s books and make sure that everything is accounted for correctly.

Cubed Consultancy bookkeeping and payroll services include everything from managing your finances to preparing financial statements and tax returns. Our goal is to ensure that all of your numbers add up, so you know where your business stands at any given time.

Let the Experts Handle All Your Finances

Have you ever opened up your business’s checkbook and been completely confused about where all of your money went? Cubed Consultancy is here to help. We’ve been offering bookkeeping and payroll services in the UK for years and we’re dedicated to making sure that you have complete control over all of your business’s financial aspects.

Our bookkeeping and payroll services are designed to ensure that everything that goes on with the money in your company is completely transparent, so you can track expenses, manage cash flow, pay taxes on time, and ensure that your employees are paid correctly.

Our bookkeeping and payroll services accountants can provide a wide range of services for any size business. We offer everything from small businesses looking for bookkeeping and payroll services to companies that need information technology support and full-scale financial management.

Our Bookkeeping and Payroll Services

General Ledger

Our full suite of bookkeeping services includes everything from bank reconciliation and journal entries to payroll and audit support. We can perform financial reporting that integrates with your existing software.

Bookkeeping Software

You depend on your bookkeeping software to keep your business running smoothly. We can get the most out of any software you’re currently using, or help you select the right one for your needs.

Payroll

Keep all your accounts in order by hiring us for payroll services. Leave it to us to keep your books neat, organised, and accurate.

Financial Reporting

From bookkeeping and payroll to tax preparation, our experts will work with you to ensure that your business financial reports are accurate, timely, and professional.

Our Bookkeeping and Payroll Services

Our team will take care of all the bookkeeping, so you’ll have more time to focus on what really matters—running your business. We make it easy for you to get back on track with your books, so you can focus on growing your business. Call us today!

What is bookkeeping and payroll?

Bookkeeping and payroll are two essential financial processes for businesses. They involve different aspects of managing a company’s financial records and ensuring employees are paid accurately and on time. Here’s a brief overview of each:

Bookkeeping:
- Bookkeeping is the process of systematically recording, organizing, and tracking a company’s financial transactions. These transactions include sales, expenses, purchases, and other financial activities.
- The primary purpose of bookkeeping is to maintain accurate and up-to-date financial records, which are essential for making informed business decisions, preparing financial statements, and complying with tax regulations.
- Common tasks in bookkeeping include recording transactions in journals, posting them to ledger accounts, reconciling bank statements, and generating financial reports such as balance sheets and income statements.
- Bookkeepers use accounting software and tools to streamline the process and ensure accuracy.
Payroll:
- Payroll is the process of calculating and distributing compensation to employees for their work. It encompasses all aspects of employee compensation, including wages, salaries, bonuses, deductions, and benefits.
- Accurate and timely payroll processing is crucial for maintaining employee morale, complying with labor laws and tax regulations, and avoiding legal issues related to compensation.
- Key payroll tasks include calculating gross pay, deducting taxes and other withholdings, handling benefits and retirement contributions, and disbursing net pay through various payment methods (e.g., checks or direct deposits).
- Payroll specialists or software are often used to ensure that payroll calculations are accurate, and payroll taxes are withheld and remitted appropriately to government agencies.

In summary, bookkeeping focuses on recording and tracking all financial transactions within a business to maintain accurate financial records, while payroll deals specifically with managing employee compensation and ensuring they are paid correctly and on time. Both processes are vital for the financial health and compliance of a business.