Accounting and bookkeeping are those business basics that are very easy to overlook, put off or allow to fall into disarray, which can lead to disaster when you finally get round to sorting them.
With us, you don’t need to worry about your accounting or bookkeeping again. We’ll take an organised approach to your accounts so yours are polished, correct and delivered ahead of time. At the same time, we’ll track your incomings and outgoings. For us, it’s all about putting you back in control of your business.
Accounting and bookkeeping go hand in hand. Not only do accurate books let you make smarter decisions, but it makes preparing your accounts easier. And, given how your accounts are the starting point for your tax returns, our bookkeeping services will be invaluable to you.
Whether you’re a sole trader, business partnership or limited company, it’s important to make sure your books are accurate and up to date. The same is true for your annual accounts, which also have to be prepared in good time so you meet your filing deadlines.
Our range of financial services are delivered with the same care and attention, no matter where you come from, or what you do. It’s about relationships – not numbers on a page.
At Glen C Rodger we put people and the spirit of adventure at the heart of everything we do. We can open your eyes to a world of possibilities, looking at your business in a new and exciting light.
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We offer a range of business planning services.
Bookkeeping is the systematic recording, analysing, and interpreting of financial transactions. It forms the backbone of the accounting process, ensuring accuracy and facilitating insightful decision-making.
We adhere to fundamental principles that guide our bookkeeping practices. The principle of consistency demands that businesses follow the same accounting methods over periods, which ensures comparability of financial information. The principle of prudence requires recording expenses and liabilities as soon as possible, but revenues only when they are assured. This conservative approach ensures that we do not overstate financial health. The principle of accrual mandates recognising revenues and expenses when they are incurred, not when cash transactions occur, providing a more accurate financial picture. Objectivity emphasises the importance of unbiased and verifiable data based on evidence.
Financial statements are essential tools that provide a snapshot of a company’s financial position and performance. The three primary financial statements are:
Understanding these statements allows us to make informed decisions and maintain financial health. By meticulously managing each aspect of bookkeeping, from recording transactions to preparing financial statements, we ensure the accuracy and reliability of financial information.