Bookkeeping and Accounts Preparation 

For a restaurant business, bookkeeping and maintaining accounting records are legally required. If you don’t have your books kept right, you'll get into trouble with the HMRC for filing the wrong tax returns.

No matter how large or small you are, HMRC can launch a tax investigation at any time. There doesn’t have to be a specific reason for one – everyone who submits a tax return is at risk!

It’s impossible to tell when an investigation might happen and that’s why it’s so important to protect yourself today.

You need an expert who can make the necessary entries for you, reconcile your bank account, adjust your inventory on your balance sheet, provide you with profit and loss statements every month, ensure everything is booked to the right G/L codes and give adequate reports. It’s a lot of work to do yourself! 

Leave the hard work to us

At MSF Associates we take away the stress of doing all this by your yourself and dealing with so much paperwork with this service. After all, this is what we do best. Our process works like this: You drop off all your invoices, bank statements, etc (this is all done virtually!) We do all the processing, then we can then easily prepare for you… 

You then have access to your neat and organised virtual files and all the other information we’ve agreed to provide you with. Good bookkeeping also makes it easier for us to handle any VAT inspections.