Our video guide to bookkeeping for limited companies

If you operate your business as a limited company, then keeping accurate bookkeeping accounts will really help. Having up-to-date bookkeeping records will help you make sure the business stays in great financial shape.

It also means that submitting your accounts to HMRC as part of your tax return will be much more straightforward!

Limited companies have different reporting requirements to sole traders, which has an effect on bookkeeping data. Watch our helpful video for guidance on maintaining good bookkeeping records for your limited company.

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The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

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