Single-entry bookkeeping
We keep single-entry books for sole traders and other self-employed people who are allowed to use them. We record income and expenses, keep the cash book and bank records, and prepare your tax return at the end of the year. During the year, we can show you where you stand whenever you ask.
What we do for you
- We keep the cash journal, a record of all your income and expenses.
- We track receivables and payables, so you know who owes you and whom you owe.
- We keep the register of fixed assets and stock.
- We maintain the cash book, bank account records and other supporting ledgers.
- We prepare the tax return and year-end accounts, including the statement of income and expenditure and the statement of assets and liabilities.
- We take care of VAT, income tax and local taxes.
- We prepare interim reports on your finances whenever you ask for them.
- We arrange an audit if you need one.
- We deal with the tax office, including electronically.
- We give advice, represent you at tax inspections and keep you informed of changes in the law.
What you gain
You know where you stand all year
An interim report shows how the business is doing, so you can plan for your tax bill well before March.
All your taxes with one team
Income tax, VAT and local taxes are handled by one office. Your documents go to one place and your questions go to people who already know your figures.
Less back and forth with the tax office
We handle most of the correspondence with the tax office for you, much of it electronically. You don't need to go there for routine matters.
Who the service is for
For sole traders and other self-employed people who keep single-entry books rather than claiming flat-rate expenses. It also makes sense if you are VAT-registered and need your paperwork in order every month, not just once a year.
Questions about this service
Yes. Self-employed individuals, including sole traders, may keep single-entry books. Companies such as a limited company (s. r. o.) cannot; they have to use double-entry bookkeeping.
With flat-rate expenses you don't have to keep books, only simpler records. If your actual costs are high, though, single-entry bookkeeping may work out better. The answer depends on your own figures, and we're happy to run the numbers with you.
Yes. We prepare the VAT return and the VAT control statement and file them within the deadline, which is 25 days after the end of the month or quarter.
Mostly on the number of documents, whether you are VAT-registered and whether you have employees. Fill in the quote form and we'll send you a price for your situation, with no obligation.
Would you like to know what it would cost?
The price depends on the number of documents, your type of business and how much you want us to handle. Fill in a short request and we will prepare a no-obligation quote, or just give us a call.