Bookkeeping For Sole Traders

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Accounting Services That Make Business Sense

Our expert bookkeeping services for sole traders removes the burden of keeping financial records

At The Business Bookkeeper, we recognise how difficult and daunting it is to juggle all the financial duties while managing your business. We have services aimed specifically at meeting the needs of sole traders, and we’ll take care of all your accounting and taxation requirements. We’ll keep accurate records of your sales and expenses on a regular basis, making sure you take advantage of any benefits and reliefs available to you. We’ll produce your year-end accounts, providing a picture of how your business is doing. And as part of our service, we’ll help with registering your business with HMRC, prepare and file your self-assessment tax return, and offer ongoing support and assistance for the future. We’ll also regularly review your business to see whether it’s operating in the most tax efficient way. View our sole trader packages below.

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Essential

This option is best for those business owners who are simply looking to get the basic entries done to ensure being compliant with HM Revenue and Customs.

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Comprehensive

This is our most popular option because you get valuable reports to help you manage your business, general advice and we’ll set up your financial dashboard so you have all your key numbers to hand all the time.

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Premium

This is the best option for busy business owners who want the maximum out of their complete bookkeeping system and have access to the key metrics so they can make the best business decisions based on the best quality information.

Features Essential
From
£ 97p/m
Comprehensive
From
£ 167p/m
Premium
From
£ 267p/m
Supply of cloud accounting software what's this?
Free
Free
Free
Supply of your paperless expense and receipt processing system what's this?
Free
Free
Free
Financial dashboard what's this?
Posting all business bank transactions what's this?
Posting purchase invoices, expenses and cash transactions what's this?
Credit card transactions and reconciliations what's this?
Completing payroll journals what's this?
Making adjustments for any foreign currency transactions what's this?
Completing the bank reconciliations what's this?
Debtor monitoring what's this?
Precision accounting with accruals and prepayments what's this?
Basic Management Reporting what's this?
Completing the sales and purchase ledger reconciliations what's this?
Email and telephone support what's this?
Completing the VAT reconciliation what's this?
Completion of VAT returns what's this?
Maximise your tax deductions what's this?
Expense monitoring and advice what's this?
3 5
Full management reporting what's this?
Completion of annual accounts what's this?
Maintaining your fixed asset register what's this?
Quarterly Business review meeting what's this?
Enhanced credit control what's this?
Your holistic cloud accounting system what's this?
KPI monitoring what's this?
3
Year End Pack for Accountant what's this?
Optional Add-ons Essential Comprehensive Premium
Invoicing what's this? POA POA POA
Self-Assessment Tax Return what's this? POA POA POA
Supplier & staff payments (monthly) what's this? POA POA POA
Monthly or quarterly cash flow forecasting what's this? POA POA POA
Cloud accounting software set-up what's this? POA POA POA
Managed payroll what's this? POA POA POA
Auto-enrolment set-up what's this? POA POA POA
CIS service what's this? POA POA POA
Features
Essential
From
£ 97p/m
Comprehensive
From
£ 167p/m
Premium
From
£ 267p/m
Supply of cloud accounting software what's this?
Essential
Free
Comprehensive
Free
Premium
Free
Supply of your paperless expense and receipt processing system what's this?
Essential
Free
Comprehensive
Free
Premium
Free
Financial dashboard what's this?
Essential
Comprehensive
Premium
Posting all business bank transactions what's this?
Essential
Comprehensive
Premium
Posting purchase invoices, expenses and cash transactions what's this?
Essential
Comprehensive
Premium
Credit card transactions and reconciliations what's this?
Essential
Comprehensive
Premium
Completing payroll journals what's this?
Essential
Comprehensive
Premium
Making adjustments for any foreign currency transactions what's this?
Essential
Comprehensive
Premium
Completing the bank reconciliations what's this?
Essential
Comprehensive
Premium
Debtor monitoring what's this?
Essential
Comprehensive
Premium
Precision accounting with accruals and prepayments what's this?
Essential
Comprehensive
Premium
Basic Management Reporting what's this?
Essential
Comprehensive
Premium
Completing the sales and purchase ledger reconciliations what's this?
Essential
Comprehensive
Premium
Email and telephone support what's this?
Essential
Comprehensive
Premium
Completing the VAT reconciliation what's this?
Essential
Comprehensive
Premium
Completion of VAT returns what's this?
Essential
Comprehensive
Premium
Maximise your tax deductions what's this?
Essential
Comprehensive
Premium
Expense monitoring and advice what's this?
Essential
Comprehensive
3
Premium
5
Full management reporting what's this?
Essential
Comprehensive
Premium
Completion of annual accounts what's this?
Essential
Comprehensive
Premium
Maintaining your fixed asset register what's this?
Essential
Comprehensive
Premium
Quarterly Business review meeting what's this?
Essential
Comprehensive
Premium
Enhanced credit control what's this?
Essential
Comprehensive
Premium
Your holistic cloud accounting system what's this?
Essential
Comprehensive
Premium
KPI monitoring what's this?
Essential
Comprehensive
Premium
3
Year End Pack for Accountant what's this?
Essential
Comprehensive
Premium
Optional Add-ons
Essential
Comprehensive
Premium
Invoicing what's this?
Essential
POA
Comprehensive
POA
Premium
POA
Self-Assessment Tax Return what's this?
Essential
POA
Comprehensive
POA
Premium
POA
Supplier & staff payments (monthly) what's this?
Essential
POA
Comprehensive
POA
Premium
POA
Monthly or quarterly cash flow forecasting what's this?
Essential
POA
Comprehensive
POA
Premium
POA
Cloud accounting software set-up what's this?
Essential
POA
Comprehensive
POA
Premium
POA
Managed payroll what's this?
Essential
POA
Comprehensive
POA
Premium
POA
Auto-enrolment set-up what's this?
Essential
POA
Comprehensive
POA
Premium
POA
CIS service what's this?
Essential
POA
Comprehensive
POA
Premium
POA

Friendly, Affordable Business Support For Sole Traders

Bookkeeping Services That Make Perfect Business Sense

Sole trading is the easiest, cheapest and least formal way in which to set up in business as well as manage that business. As a sole trader, you run a business as an individual, make all decisions affecting the business and own all the assets of the business personally, meaning a sole trader keeps all the profits of the business after the relevant tax has been paid. Operating as a sole trader means having sole responsibility for the business. It does not, however, mean that the sole trader has to work alone, many choose to work alone but sole traders can, and often do, take on staff.

As a sole trader, you are personally liable without limit for any debts and contracts the business has, and from a legal point of view, there is no difference between the business and the individual. This means that as a sole trader your personal assets are at risk if the business fails to pay its creditors.

Don’t risk losing your personal assets! Take advantage of our bookkeeping services so we can share our knowledge and experience of tackling the financial challenges faced by sole traders.