Bookkeeping for Sole Traders

If you are working as a sole trader, selecting the accurate bookkeeping service could be one of the most crucial decisions for you to make.

  • You have an unlimited financial liability as a sole trader.
  • For these reasons, it is essential for you to select a bookkeeping service provider who is experienced in handling the core challenges sole traders face.
  • At Nexa Accountants we have established a bookkeeping service concentrating specifically at meeting the needs of our sole trader clients. Our bookkeeping service ensure you are correctly registered with HMRC as self-employed.
  • We will also ensure you take advantage of any benefits and reliefs granted to you. We will work with you in forming a simple system to efficiently collect your receipts and invoices.
  • We ensure to maintain your records for all tax deductible expenditure wherein you can reduce your tax liability for the year.

Get Easy Solutions to your Tiring Bookkeeping Tasks

Our services Include:

  • Prepare and process sales invoices
  • Post and allocate sales receipts
  • Credit control and debt chasing
  • Process, code and post supplier invoices
  • Post and allocate supplier direct debit payments
  • Presenting cheques as per credit terms
  • Post and allocate supplier cheques
  • Analyse and post petty cash payments
  • Payroll / CIS journal entries
  • Depreciation journals
  • Interest journals
  • Accruals and prepayments
  • Bank reconciliations
  • Calculation and submission of VAT returns