Bookkeeping in Ware, Harlow, Hertford, Hoddesdon and Stevenage

N. Armes and Co. are based in Ware, and our chartered accountants provide bookkeeping services for clients in Harlow, Hertford, Hoddesdon, Stevenage and all surrounding locations in the Hertfordshire area. A bookkeeper has a responsibility to maintain financial statements, and these are monitored by accountants to ensure everything complies with current legal obligations. Bookkeeping also makes tax management much easier.

In effect, bookkeeping is best described as the correct recording, analysis and interpretation of business financial transactions. Applicable to individuals and to companies, bookkeeping is a major accounting process which needs to be undertaken to a very high standard.

Chartered accountants and bookkeepers are two different things, but they work together to give businesses in the Ware, Harlow, Hertford, Hoddesdon and Stevenage areas the best levels of support. A skilled bookkeeper is able to compile a full range of financial records and reports which provide true and accurate information on a company’s financial activity.

Why is Bookkeeping Important?

Bookkeeping records play a vital role in the future success of any business. And, while they are clearly important for individuals, partnerships and companies, they are also required by law. Without fully completed financial records, a business won’t be able to provide an accurate representation of due tax and liabilities. Without our accountants or a bookkeeper managing those records, your own financial liabilities could increase drastically.

Companies in Ware, Harlow, Hertford, Hoddesdon and Stevenage are also obliged to keep bookkeeping records for a minimum number of years. Small businesses may not have the space or the operational scope to do this. Our chartered accountants can keep your financial activity, including your payroll information, recorded on our own servers.

Whether you’re located in our home town of Ware or somewhere else in the surrounding Harlow, Hertford, Hoddesdon or Stevenage areas, a trained bookkeeper will be able to manage and monitor the following aspects of your financial activity: