Best professionals offering bookkeeping services in Exeter

Bookkeeping in Exeter

Description

Bookkeeping is the process of recording and managing financial transactions for a business or individual. It involves maintaining accurate and up-to-date financial records, including income, expenses, assets, liabilities, and equity.

Professional Requirements

To perform bookkeeping services, professionals typically require a strong understanding of accounting principles, financial software, and spreadsheet applications. They should also have excellent organizational and communication skills.

Accreditations and Certifications

Industry professionals may choose to obtain certifications such as the Association of Certified Bookkeepers (ACB) or the Institute of Certified Bookkeepers (ICB) to demonstrate their expertise and commitment to the field.

Choosing a Bookkeeper

When selecting a bookkeeper, clients should look for professionals with relevant experience, excellent communication skills, and a strong understanding of financial software and systems. It is also essential to check for any necessary certifications or accreditations.

Questions to Ask a Bookkeeper

• What experience do you have with bookkeeping for businesses similar to mine?
• What certifications or accreditations do you hold?
• What financial software and systems do you use?
• How will you ensure the accuracy and security of my financial records?
• What is your pricing structure, and what services are included?

References

For further information on bookkeeping services, clients may refer to the following resources:

HM Revenue & Customs (HMRC) - Accounting and tax for businesses

Institute of Certified Bookkeepers (ICB) - Bookkeeping and accounting resources

Average Prices

The average hourly rate for bookkeeping services in Exeter is between £25 and £40 per hour. The daily rate can range from £150 to £300 per day, depending on the complexity of the work and the bookkeeper's experience.

Requesting a Quote

To request a quote for bookkeeping services, clients typically submit a request through a platform, providing details about their financial needs and requirements. The platform then connects the client with a suitable bookkeeper, who provides a customized quote based on the client's specific needs.

Fees for Bookkeeping freelancers

The average daily fee for experienced freelancers is £200.

The fee varies depending on the city in which the freelancer is located. For instance, the average daily fee for a bookkeeper in Bristol is £220, while in London is £250 or in Manchester is £180.