Professional & fully qualified
Independent Bookkeeping
Services
Independent Bookkeeping provides Charities, Small Businesses and Sole Traders with Accounting services to match their needs across Scotland.
About
Independent Bookkeeping
Independent Bookkeeping is owned by Rachael Hamilton who has provided bookkeeping services to various Charities and Individuals since 2014, however the business was established in July 2018.
Rachael is a Registered Bookkeeper and also recently qualified as a Certified Quickbooks Pro Advisor and Making Tax Digital Pro Advisor.
Our Bookkeeping Services
We offer all the services listed below.
Accounts Receivable (Sales)
~ Preparing and posting customer invoices / statements
~ Allocating payments
~ Collecting payments
~ Providing aged debt reports
Accounts Payable (Purchasing)
~ Process supplier invoices to correct expense code
~ Ensure payments are made to suppliers
in a timely manner
~ Sending remittances
~ Supplier statement reconciliation
~ Supplier queries
Payroll Outsourcing
~ While Independent Bookkeeping already provide payroll support, we are launching a new service that pays all payroll liabilities.
Bank Reconcilliation
~ Query miscellaneous entries to the correct expense code
~ Reconcile all entries on bank statements
Monthly Financial Statements
~ Check expenditure against budget
~ Present all reports within an agreed timescale
~ Profit and loss
~ Balance sheet
~ Cash flow
Annual Accounts
~ Preparation of annual accounts
~ Budget preparation for the following year
~ Self assessment returns
~ VAT returns
WANT TO FIND OUT MORE?
Discuss your business requirements with us to ensure you choose the right package!
Our Bookkeeping Packages
While Independent Bookkeeping tailors to individual business needs, below are a few examples of the packages provided as well as a full, comprehensive list of services rendered.
Please contact us via the Contact section and provide as much information as possible so that Independent Bookkeeping can provide a free no obligation quote tailored to your business needs.
Basic Package
This package is designed for those
dealing in cash only
Ideal for Self Employed Individuals (Hairdressers/Barbers/Beauty Technicians etc)
Monthly updating of your Income and Outgoing
Self Assessment Tax Return processing (Annually)
Standard Package
Ideal for New and Small Businesses
Double Entry Bookkeeping
Produce Sales Invoices and Statements
(<10 per month)
Allocate Purchase Invoices
(<10 per month)
Processing of Payments and Remittances in a timely manner
Income Allocation to expense code
Reconcile to Bank Account
Profit/Loss (Monthly)
Balance Sheet (Monthly)
Monthly Aged Debt Reporting
VAT Return (Quarterly/MTD)
Standard Plus Package
Double Entry Bookkeeping
Produce Sales Invoices and Statements
(<30 per month)
Allocate Purchase Invoices
(<30 per month)
Processing of Payments and
Remittances in a timely manner
Income Allocation to expense code
Reconcile to Bank Account
Profit/Loss (Monthly)
Balance Sheet (Monthly)
Monthly Aged Debt Reporting
Supplier Queries
Payroll Facilities
Cash Flow Summary
VAT Return (Quarterly/MTD)
Premium Package
Double Entry Bookkeeping
Produce Sales Invoices and Statements
(<100 per month)
Allocate Purchase Invoices
(<100 per month)
Processing of Payments and Remittances
in a timely manner
Income Allocation to expense code
Reconcile to Bank Account
Monthly Aged Debt Reporting
Profit/Loss (Monthly)
Balance Sheet (Monthly)
Supplier Queries
Payroll Facilities
Cash Flow Summary
Query Miscellaneous Entries directly with the bank
Allocate General Entries to expense code
VAT Return (Quarterly/MTD)
HOW MUCH WILL THIS COST?
It doesn’t cost as much as you think to have peace of mind that your accounts will be tip top!
Let Us Do The Adding Up
See What Our Clients Say
Don’t take our word for it ~ why not see what our clients are saying about us!
“As a long term customer of this wee business I would highly recommend for any of your bookkeeping needs. I have complete faith in everything they have done for me when my accounts were due to be checked and submitted. Cannot rate or praise highly enough.”
“Rachael had taken the stress out of keeping our accounts, you just forward everything to her and it’s taken care of. Very reasonable monthly payment package as well.”
“Recently found Rachael whilst researching and looking for a new Accountant to deal with my end of year tax return. From the very outset she has dealt with everything in a very professional manner sending me all the information I needed very quickly and keeping me informed along the way. I wanted someone reliable and knowledgeable who would keep me right. I am pleased to say that I basically hand all the paperwork over and left her to do the rest leaving me to get on with running my own business and taking the stress out of it all. She made the process seem easy and I will happily hand over to her again in the future.”
“I was introduced to Rachael through my eldest son’s partner. I was setting up another part to an existing company. It could not have happened at a better time. Rachael’s company now looks after all my invoicing including chasing up late payments. Nothing seems to be a problem to her and that makes my bookkeeping so much easier. Rachael also took over my tax for me and got me a very healthy tax rebate. I would recommend Rachael’s company to anyone without reservation. So glad I was introduced when I was.”
“I highly recommend Independent Bookkeeping, Rachael has been such a support and keeps me on track.”
Anti Money Laundering / Terrorism Funding
POLICY
You’ll find all the important details in our Privacy and Anti Money Laundering / Terrorism Funding Policies.
The IB Blog
Keep up to date with all our latest news, tips & advice!
Guide to Tax Deductions for Small Businesses: Insights on Maximising Tax Deductions Across Various Industries
For small business owners in Scotland and beyond, navigating the complexities of tax deductions can feel like a daunting task. However, understanding what you're entitled to can significantly reduce your tax bill and boost your business's bottom line. This guide aims...
Maximising Your Impact: The Magic of Gift Aid for Charities
Have you ever wished your charitable donations could magically grow? Well, if you're a charity in the UK, there's something close to a magic spell that can make this happen, and it's called Gift Aid. Gift Aid is a bit like fairy dust for charities, allowing them to...
Maximising Tax Deductions: Essential Tips for Clients from Your Bookkeeper
In the intricate dance of managing finances, understanding how to maximise your tax deductions is akin to learning the steps to a financial waltz. It's all about precision, timing, and having a knowledgeable partner—your bookkeeper. For businesses and self-employed...
Preparing for Tax Season: A Checklist for Business Owners
For many, tax season falls between November and January, yet for registered businesses, the tax period commences annually, following the date of their initial registration. It's imperative for entrepreneurs to organise their financial dealings to guarantee a seamless...
Understanding Your Profit and Loss Statement: Key Insights for Business Owners
As a business owner, one of the most valuable tools at your disposal is the Profit and Loss (P&L) Statement, also known as the Income Statement. It's not just a sheet of numbers but a storybook of your business's financial performance over a specific period....
Unlocking Tax Benefits: The Power of Declaring Gift Aid as an Individual
Gift Aid is a valuable tool that allows individuals to make their charitable contributions go even further. By declaring Gift Aid on donations, you not only support the causes you care about but also unlock significant tax benefits. In this blog post, we'll explore...
Get In Touch
Say Hello!
Please feel free to contact us via telephone, email or using our online contact form below.
**Please do not contact us if you
are an agency regarding our website.**
IB SOCIALS
Stay in the loop with all our latest posts!
independentbookkeeping
At Independent Bookkeeping, we offer tailor made financial support packages to suit your business needs.