How we come up with our pricing?

We use GoProposal for our letters of engagements and proposals.

We will be building the proposal together based on your requirements, wants and needs. We use the gloss method to find out why you decided to join the other business owners, what is it you would like to achieve.

GLOSS METHOD PROPOSAL

Here are few models of pricing for sole traders, landlords individuals, partnerships and limited companies. We are fully paperless, and if our client is, they save themselves a lot of money, time and headaches.

We have various types on how much we charge our clients and how much is involved, if you click on the links below you will be shown a video how we price.

Monthly services

The Benefits of Regular Bookkeeping for Your Business

Bookkeeping isn’t always the most fun task, but it is incredibly important for keeping your business running smoothly. From staying on top of taxes to monitoring profit margins and debtors, bookkeeping should be done on a regular basis. Monthly or quarterly will ensure that you are well-informed about the financial health of your business. Yes it may pay your bookkeeper more on fees but the savings compensate for all that. Let’s take a look at some of the advantages of regular bookkeeping.

Better Financial Planning

When you keep up with your bookkeeping on a regular basis, you’ll have more accurate data available to inform decisions around budgeting, spending, and investing. You will have up-to-date financial information.  You then can make more informed decisions about how best to use your resources. You’ll also be able to better plan for big expenses or investments in the future. Because you will understanding where your money is coming from and going to each month.

Simplifying Tax Time

When it comes time to prepare taxes, having all of your financial records organized will make things much easier. If you wait until tax season rolls around before organizing all of your accounts, you may find yourself struggling to track down receipts and invoices that are months old.

By staying on top of your bookkeeping regularly throughout the year, you will save yourself endless amounts of time (and frustration) when tax season arrives. We don’t want to mention that you will avoid any costly mistakes due to incorrect filing!

Avoiding Late Fees & Penalties

Bookkeeping helps ensure that bills don’t fall through the cracks or get paid late. This can result in hefty fines for businesses. When done regularly, bookkeeping ensures that all payments are tracked and accounted for each month. There’s never any worry about missing a payment deadline or being charged late fees or penalties. Plus, if there’s ever an issue with a payment received or sent out from/to another party, it’s much easier to investigate when records have been kept up-to-date!

Regular bookkeeping is essential for ensuring that all aspects of your business finances remain organized and accurate throughout the year. Not only will this help simplify tax season preparation and filing but it can also provide valuable insights into potential areas for improvement (such as reducing costs). Additionally, staying on top of payments means fewer late fees and penalties due to forgotten invoices or bills!

Taking care of bookkeeping regularly doesn’t have to be complicated; with Metric Marketing’s assistance, we can help make it easier than ever before!

Click on the picture below to give you an idea of how we price our services.

     Pricing for CIS registered sole traders     

 

If you require further tailor made proposal for our services, please book yourself an appointment.

However in the meantime would please send us an invite to your Xero using email address alice.mason@bikingbookkeeper.co.uk.

If that doesn’t work you, could you send us further information as it comes to your business using the same email address:

  1. How many bank accounts does your business use?  Are these current account, reserve account, Gocardless, Stripe, Izettle, Sumup, credit card or similar?
  2. In total how many items there are on average to be processed from these bank accounts?
  3. Do all these bank accounts support bank feeds or are there bank accounts which have to be manually imported to Xero?
  4. How many receipts/purchase invoices does your business receive on a monthly basis?
  5. How many employees does the business have? Are they on flexible or variable pay?
  6. Do you require services relating to auto enrollment, holidays calculation and benefits in kind?
  7. Are you happy with monthly services or do you require weekly or quarterly?
  8. We love XERO, do you?

Annual one off bookkeeping

How to Save Time and Money With Annual Bookkeeping

As a business owner, you know that bookkeeping services are an essential part of running your company. But what if you could save money and time while still ensuring compliance with all the regulations? This post will explain how annual one-off bookkeeping can help you do just that. We’ll discuss the advantages of using XERO and DEXT to streamline information transfer from you to us. How bank reconciliation can make the process easier. Plus, we’ll cover why profit first is the key to not needing monthly or quarterly services.

What is One-Off Bookkeeping?

One-off bookkeeping is an accounting service where a business owner pays for a single yearly processing fee prior to preparing their self assessment tax return. This type of service typically does not require monthly or quarterly services like other forms of bookkeeping, which allows businesses to save money in the long run. Depending on the size of your business and its needs, one-off bookkeeping may be right for you if it fits your budget.

Benefits of Using XERO and DEXT

XERO and DEXT are two digital software programs that allow businesses to easily streamline information transfer from them to their accountants. Both programs have many features that make it easier for business owners to manage their finances—such as tracking expenses, setting budgets, and creating financial reports—without requiring any additional help. The programs also provide peace of mind when it comes to compliance with all regulations since they ensure accuracy in all financial transactions.

Bank Reconciliation: The Key To An Overview Of The Year

Bank reconciliation plays an important role in one-off bookkeeping because it provides valuable insight into how a business has performed over the year. By reconciling bank accounts at least once a month (or more often if needed), businesses can get an overview of how much money they have earned or lost throughout the year without needing any additional outside help or services.

Additionally, this process helps identify any discrepancies between what was reported by clients and what was actually deposited into their accounts by banks or other lenders. Finally, this type of accounting service is cost effective since there are no additional costs associated with hiring outside accountants or lawyers who may be needed for more involved financial transactions or disputes over taxes or other issues.

Annual one-off bookkeeping can be incredibly beneficial for small businesses looking to save time and money. We still ensure compliance with all regulations and getting an overview of how their business is performing over the year.

By utilizing XERO and DEXT to streamline information transfer from you to us as well as engaging in bank reconciliation on a regular basis, small business owners can enjoy significant savings.  They will  still be having access to all necessary financial data in order to make informed decisions about their company’s future direction. Ultimately, taking advantage of annual one-off bookkeeping services can be a great way for small businesses owners looking for ways to cut costs without sacrificing quality results!

Click on the thumbnail below to see a video how we derive our prices.

Annual tax returns

We also prepare self assessment tax returns and for the tax return for last financial year, due this January the pricing for the tax return/advice/meeting/additional review/depreciation is as follows.

This price doesn’t include any bookkeeping. These are based on full bookkeeping prepared either by ourselves or the client. For year 2022/2023 we are happy to accept spreadsheets from all clients, but from April 2024, all our clients will be using XERO. We will be preparing our clients, with turnover over £50,000 and landlords with income over £50,000 for MTD for ITSA.

 

 

SATR pricing

 

 

 

If you fancied just a quick chat to find out if we are a match

We’ll find out that our approach to bookkeeping, payroll and VAT returns is the same.