Book-Keeping Services

What is Bookkeeping?

Bookkeeping is the process of recording, organizing, and managing all financial transactions of a business. It forms the foundation of the accounting process by maintaining accurate financial records.

Software Expertise:

  • Utilize advanced accounting software to streamline processes, enhance accuracy, and improve efficiency in bookkeeping tasks.

We Offer Services in Bookkeeping:

Recording Transactions:

  • Sales: Documenting all sales made by the business.
  • Purchases: Keeping track of all purchases and expenses.
  • Receipts: Recording income received from various sources.
  • Payments: Document all payments made by the business
  • General Ledger: A comprehensive record of all financial transactions.
  • Accounts Receivable and Payable Management

Financial Reporting:

  • Prepare detailed financial statements
  • Prepare Trail Balance.
  • Preparation of Annual Statements, Income Statements, Cash Flow Statements
  • Balance Sheets

Reconciliation:

  • Ensuring that financial records match bank statements and other financial documents.

Tax Preparation and Compliance:

  • Support accurate tax reporting and compliance by maintaining organized financial records and collaborating with tax professionals

Why Choose Magnum Accountancy for Bookkeeping in the UK:

Expertise: Skilled professionals adept at managing financial records accurately.
Tailored Service: Customized solutions that fit your business’s unique needs.
Tech Savvy: Utilizing cutting-edge accounting software for efficient and precise bookkeeping.
Reliable and Accurate: Ensuring every transaction is recorded with precision for informed decisions.
Comprehensive Support: From transaction recording to financial reporting, we handle it all.
Compliance Assured: Keeping your records in line with regulations, so you stay worry-free.
Transparent Communication: Clear updates and prompt responses to keep you informed.
Cost-Effective: High-quality service at competitive rates.
Trusted Partner: Known for our professionalism and commitment to excellence.

At Magnum Accountancy, we simplify your bookkeeping, letting you focus on what you do best – running your business.

Magnum Accountancy

Client Reviews

Edward Stanger
Edward Stanger
2024-06-13
First time with Magnum in 2024 for some self assessment support and they were super helpful, really fast and great value. thank you
Ivan Latunov
Ivan Latunov
2024-06-12
Daxa did my pension contribution calculation and also prepared and submitted my Self Assessment. She was very quick, basically did the whole Self Assessment in the same day. Altogether, I am very pleased - very accurate and fast service. Highly recommended.
Bill Burton
Bill Burton
2024-04-24
Great service and prompt responses to enquiries
Ravi S
Ravi S
2024-04-24
Daxa was extremely helpful, her along with the expert team at Magnum Accountancy helped me with my first set of company accounts. I initially found this process daunting I spoke to many accountants across London all who barley answered any of my questions nore could they provide me with certainty. Then I came across Daxa she exceeded all of expectations by answering all of my questions, patient and actioned my request with a extremely quick turn around all at a reasonable price point. I will continue to use Daxa and her team for my future projects and will be recommending her to all of my friends, family and clients!
Richard Matthews
Richard Matthews
2024-01-21
Daxa at Magnum Accountancy has demonstrated exceptional professionalism and efficiency in submitting this years and rectifying my previous HMRC self-assessment tax returns. The meticulous attention to detail and proactive approach not only corrected previous errors on my part but also ensured the timely submission of accurate documents. Daxa's expertise and commitment have alleviated any concerns I had, fostering confidence in Magnum Accountancy's services. I am grateful for her dedication to excellence and appreciate the peace of mind that comes with having a reliable and knowledgeable professional managing my tax affairs from now on. Daxa's outstanding service reflects Magnum Accountancy's commitment to client satisfaction and sets a commendable standard in the industry.
Alyson Hancock
Alyson Hancock
2023-12-05
Really efficient service, I submitted my documents and within the hour my tax return was done. Saves so much hassle (and getting things wrong!) thanks Daxa
Ian Turpin
Ian Turpin
2023-11-04
I found the service very efficient, Daxa took time to explain the process and provide excellent customer service also.
Martin Wright
Martin Wright
2023-10-19
Having just completed my first year of freelance working after many years of full-time employment I needed support to ensure that my tax return was completed correctly. I was a little unsure about appointing accountancy services but found the personal and approachable services provided by Magnum Accountancy to be extremely helpful, understanding and reassuring.
Mohammed Mahmud
Mohammed Mahmud
2023-08-12
They have shown a good commitment and professionalism to my self assessment and welcoming any queries or concerns that I may have. I believe I will continue performing my self assessment with them next year or any accounting services.
Ciaran Mclaren
Ciaran Mclaren
2023-07-18
Highly recommend Magnum Accountancy! This was my first time submitting self assessments, Daxa made the whole process simple and stress free. Thanks Daxa!

Choose Magnum Accountancy For

Our Services

Self Assessment Services
Sole Trading Accounting
Limited Company Accountancy