Bookkeeping

Overview

Typically only 20% – 25% of resource time is utilized for analytical activities while the balance is consumed by transaction processing and reconciliations. With an outsourced bookkeeping process you can significantly save your costs and make a better utilisation of your resources.

Our services

Anderson Bpo provides outsourced bookkeeping services to various accountancy firms in the UK. Our bookkeeping services allow our clients to concentrate and invest resources in their core business, by freeing up their valuable management time. Our teams have expertise in most of the widely used cloud-based bookkeeping software in the UK. We are ideally placed to offer as much, or as little, back office support as you need.

Our Bookkeeping services comprise all of the following:

Recording of bank & cash transactions, credit card transactions, and periodic reconciliation.

A/P Management – Entering Bills of vendors, tracking of A/P, Payments to vendors/suppliers, Generation of A/P reports, ageing analysis

A/R – Management -Preparing Estimates, Record sales invoices, Tracking of A/R , updating receipts and Generation of A/R reports/ageing reports.

Inventory Management – Updating inventory records, tracking usage, generation of inventory reports etc

Inter Company reconciliations

Fixed asset accounting including capitalisation, depreciation

Processing VAT returns and reconciliation

Our value proposition

Our clients choose us for a variety of reasons which includes:
  • Real Time Accounting
  • Faster closure of month-end  activities
  • Timely reconciliation of control accounts.
  • Cost reduction in the range of 30-40% as compared to in-house processing through labour arbitrage
  • Proactive identification of issues that can impact reporting.
  • Improving relationships with customers and suppliers
  • Focus on core Business
values