UK / BOOKKEEPING & MANAGEMENT ACCOUNTS

Bookkeeping and Management Accounts for UK Businesses

Keep your records organised and get a clearer view of business performance month by month. TaxSpex bookkeeping support turns bank transactions, invoices and receipts into structured records and agreed management information. We confirm your reporting frequency, transaction volumes and accounting software before work starts, so you know what is included and what information to provide.

What bookkeeping support can include

The work is agreed around your records and reporting needs. It can include:

Bank and credit-card reconciliation
Sales, purchase and expense records
Profit and loss, balance sheet and cash reporting
An agreed list of queries and missing records for you to resolve
Management accounts at the frequency agreed for your business

The reporting pack and review cadence are set out in the engagement scope. If you need historical catch-up work or corrections, we scope those separately before starting.

Catch-up and historic bookkeeping

If your records are behind, we start by reviewing the periods involved, the transaction volumes, the software and the condition of the records. We then confirm the catch-up work and fee in writing before starting, separately from any ongoing bookkeeping.

Catch-up work can bring bank and credit-card reconciliations and sales, purchase and expense records up to date, with a list of queries and missing records for you to resolve. Once the records are current, bookkeeping can continue on the agreed cycle.

Software: Xero, QuickBooks and Zoho Books

TaxSpex works with Xero, QuickBooks and Zoho Books. We agree the software, the level of access and how records and queries are exchanged before work begins. Software subscriptions are identified separately in your quote.

What you receive

Reconciled bank and credit-card accounts for the period
Up-to-date sales, purchase and expense records
Profit and loss, balance sheet and cash reporting at the agreed frequency
Commentary on the reports, where included in the engagement
A list of queries and missing records for you to resolve

The exact reporting pack is set out in the engagement scope.

Turnaround and timetable

We agree a timetable for each period before work starts: when you send records, when queries are answered and when reports are delivered. Turnaround depends on transaction volumes, the condition of your records and how quickly queries are resolved, so it is confirmed in writing for your engagement.

Who this service is for

This service is for UK businesses that want their accounting records maintained and management information prepared on an agreed cycle. It may suit a business that has transactions across several accounts, needs a regular view of profit and cash, or wants to organise its records before year-end. The right scope depends on transaction volumes, the condition of your records and the software you use.

How the work proceeds

1
Agree the scope
We review your software, transaction volumes, current records and desired reporting frequency. Catch-up work, historic corrections and any additional reporting are identified separately.
2
Organise and reconcile records
Work follows the agreed bookkeeping scope. We raise queries about missing or unclear information so you can provide context or documents.
3
Receive agreed management information
You receive the reports and commentary specified in the engagement, such as profit and loss, balance sheet and cash reporting. Reports reflect the records and assumptions available for the period.

Scope and responsibilities

Before work begins, we agree the reporting frequency, transaction volumes and software. You remain responsible for providing complete and accurate business information and answering queries. Management accounts are prepared from the information available and are not an audit or assurance opinion. Historic corrections and catch-up work are separately scoped.

Last reviewed: 5 November 2026

YOUR STARTING POINT

What to have ready

To discuss the work, prepare recent bank statements, access to your bookkeeping software, sales and purchase records, expense evidence and any opening balances. We will agree how records and questions are exchanged before work begins. Do not send sensitive financial records through an unapproved channel.

Fees quoted in GBP. Scope, VAT treatment, software costs and any statutory fees are confirmed in writing.

Discuss bookkeeping requirements

QUESTIONS

Frequently asked questions

YOUR NEXT STEP

Discuss bookkeeping support

Tell us about your accounting software, approximate transaction volumes, current record position and the reporting you need. We will define the work, responsibilities and fee before engagement.