Everyone knows that most accountancy software is overly complex for the needs of a small business. Despite the best intentions, several hours of wading through pages of baffling accountancy speak can be enough to put most businesspeople off bookkeeping for life.
The problem is, it’s illegal to do bad bookkeeping. The taxman can fine you £3,000 for not following the rules. They can also challenge your tax bill if they can find a mistake in your bookkeeping. This is called ‘breaking the records’ and if they do this you have to prove your innocence!
If the taxman breaks your records it can be a long drawn out process to close the tax enquiry. The average tax enquiry costs thousands of pounds in professional fees, time and almost three quarters of tax enquiries end with an extra tax payment.
So thank goodness for Crunchers, we love bookkeeping!
Crunchers exists to remove the headache (and it’s a BIG headache!) of bookkeeping so businesspeople can actually get on with being businesspeople. We are flexible to suit all business needs, dedicated to good old fashioned customer service and represent phenomenal value for money.
Keeping good records and possessing accurate books is the key to unlocking so many benefits.
Your figures will be so accurate, and will arrive on your accountant’s desk in such fine condition, he or she should have no excuse not to offer you brilliant tax planning, highlight tax credit opportunities and analyse how you are paying yourself to make sure you aren’t breaking the law (like becoming overdrawn on a director’s loan account); the list is endless.
You will be working in real time, completely in control of who owes you money (or to whom you owe it!).
Your bank manager will love you for having such control over your accounts, making it easier to work through banking decisions and hopefully say “yes!”
The taxman should never be feared again!
And all of this stems from your bookkeeping. So whether you do the books, or you leave it to your local Cruncher, the pain of bookkeeping will soon become a distant memory.