Bookkeeping is an important aspect of any business and is luckily one of the easier tasks to outsource. GEM can provide a thorough bookkeeping service using innovative technology and many years’ experience to meet deadlines and lift a weight of your shoulders. For a fraction of the cost of a permanent employee, you will have access to professional bookkeeping on a continual basis, guaranteeing your financial data is always managed in a precise and timely manner.
Sales Ledger
Managing a sales ledger requires strong attention to detail and many other project management skills that small companies can often find difficult. That’s why GEM offers a sales ledger service to help keep your cash flow healthy.
Purchase Ledger
By outsourcing your purchase ledger to GEM you could free up a significant amount of your time. GEM makes sure your purchase ledger is perfectly maintained and discussions with suppliers are treated with professional caution.
Credit Control
With GEM you can expect seamless credit control in your name and assist with credit limit setting and chasing debtors on late payments if required.
VAT Returns
GEM can handle your VAT returns so that they don’t become a burden, by submitting them to HMRC as required. By working timely and meticulously, the process is always as smooth sailing as possible.
End of Year Preparation
As the financial end of year approaches, it’s important that businesses organise their accounts so that they are ready to be filed with HRMC. GEM can handle this for you, preparing your books for your accountant to help ease any familiar last minute stress.
Xero
Xero is a software company that manufactures cloud-based accounting software, with features such as purchase orders, invoices and credit card account feeds. With Xero, GEM can run your business bookkeeping faster and more efficiently.
Bank Reconciliation
Ideally, when you receive a bank statement you should confirm that it is consistent with the amount in your general ledger account. This can be very time-consuming and often quite confusing. GEM aims to help relieve you of this obligation by taking on the task.