Bookkeeping is
The nuts-and-bolts of keeping accurate accounts.
In essence, it is the careful logging of an individual or company’s income and expenditure. Whether you hire a company to handle financial accounting or tax accounting, your bookkeeping is fundamental to their success. Some companies perform their own bookkeeping, passing the information onto their accountants for preparation. For larger companies, this soon becomes unwieldy. It is more effective and efficient to instruct a third party to deal with the bookkeeping for them.
At Baba Habu & Co Accountants, we deliver both single entry and double entry bookkeeping for companies across South London. Hundreds of clients all over the capital have benefited from our experience in this area.
Every client has their own personal account manager to handle their bookkeeping, and a dedicated team to assist them. These services are available throughout South London, including Brixton, Elephant & Castle, Lewisham, Peckham and beyond.
Professional Bookkeeping in South London
As a well-established accountancy firm, we have much to offer our South London clients in terms of bookkeeping. Here is what you can expect from us.
Single Entry Bookkeeping
This method of bookkeeping is quite simple, being little more than a chronological listing of receipts and payments made. Easy to read and update, it is ideal for sole traders and small enterprises alike. At Baba Habu & Co Accountants, we can provide streamlined single entry bookkeeping based on your receipts, invoices and remittances.
Double Entry Bookkeeping
With double entry bookkeeping assets and financial transactions are distributed across various accounts. As money passes from one account to another, a series of debits and credits are listed – one for each transaction. Hence the name “double entry bookkeeping.” Our accountants are well-trained and highly-experienced in all aspects of double entry bookkeeping, ensuring an accurate record of company finances.
Record Retention
Under current UK legislation, you are required to keep a record of your accounts for six years. At Baba Habu & Co. Accountants, we can retain your account books for this prescribed period (or longer, if requested). Our record retention services cover all account books, together with the associated receipts, invoices and remittances.
Why choose Baba Habu & Co Accountants?
As one of South London’s leading accountancy firms, there are many reasons to choose us for your bookkeeping requirements. Here are some of the more popular ones, based on extensive client feedback.
No Account Too Large or Small
Every company or sole trader, no matter what their size, is required by law to conduct accurate bookkeeping. At Baba Habu & Co. Accountants, we provide tailored bookkeeping services for large and small businesses alike. Whether single entry or double entry bookkeeping would be most beneficial, we always deliver the perfect solution.
Experienced Bookkeeping Professionals
For almost ten years now, Baba Habu & Co Accountants has been trading in South London. We have our own team of professional accountants who, between them, have been part of the industry for decades. We ensure that all our accountants are well-trained and fully-qualified, with sufficient expertise to guarantee client satisfaction every time.
The Personal Touch
When you choose Baba Habu & Co Accountants to handle your bookkeeping, you know your accounts are in safe hands. From the moment you become our client, your satisfaction with our service is our top priority. You will be assigned a personal account manager to oversee your bookkeeping requirements, supported by a team of experienced accountants.
Your local VAT Return Specialists
If your looking for a reliable bookkeeping firm, there is no reason to look further than your own doorstep. Baba Habu & Co Accountants is based in Deptford, South London. From here, we provide essential bookkeeping solutions to hundreds of clients in the capital. Our experienced accountants cover Brixton, Elephant & Castle, Lewisham, Peckham and beyond.
Get in touch
For quality bookkeeping solutions across South London, call Baba Habu & Co. Accountants on 0208 691 7522. A member of our team will be happy to provide you with a free, no-obligation quote for our services.