All fees will be worked out on an individual basis based on the needs of the business. An initial consultation will take place where everything can be discussed and an appropriate pricing plan put in place. Some of the things that will be taken into account will be the number of transactions to process (this includes purchase & sales), whether the banking has a live feed/csv upload or is manual, frequency of service required & any additional tasks. The fees below are a basic guide to what may be charged.
Basic Fees
- Basic bookkeeping hourly rate from £20 per hour
- Simple set up (clean up, review, transfer of accounts or set up of new online software) from £15
- Complex set up – This will be charged at the normal hourly rate.
- Quarterly VAT returns from £25 per quarter (if paying monthly for other services, this charge can be split into monthly amounts)
- Sole trader self assessment submission. This will be quoted after discussion and will be dependent on work required in order to submit
- Ltd company confirmation statement submission £50 per confirmation statement (this includes the annual companies house fee)
Basic bookkeeping includes:
- Posting purchase invoices & credit notes
- Posting sales invoices & credit notes
- Importing or posting all bank transactions
- Monthly bank reconciliation
- Posting credit card transactions & reconciling
- Petty cash supervision
- Monthly sales & purchase reconciliation
- Basic sales report
Software Fees
- Quickbooks Simple £10.00 per month
- Quickbooks Essential £20.00 per month
- Quickbooks Plus £23.50 per month
- Quickbooks Advanced £68.00 per month
- Other software may be available, please ask for more in
