Our firm will assign to each client a skilled team of Professional selected on the basis of their ability to provide the necessary ingredients for a thorough and efficiently executed consultancy. Apart from our training and development programmes which produce a high standard of excellence among all our Professional Staff, our teams are usually led by a Partner who is appropriately experienced in the principle and practice of all our financial (monetary and otherwise), tax laws and administration.
In fact, our Partners have at various times been responsible for the planning, supervision and execution of a number of accounting, audit, tax and management consultancy of all out clients in their various business endeavor.
Our firm takes full services approach to all its clients:
It is our policy to adopt a “Business Approach” to all our assignments with objectives of employing all the known principle and practice of financial regulations and tax laws in Birmingham, UK to maximize all the available financial and tax benefits to the advantage of our clients and minimize their tax liabilities. The accompanying information is designed to give relevant details about our firm that in our opinion demonstrates our ability to render expert accounting, auditing and tax services to Government controlled and private companies, parastatals and public organizations.
In the final analysis, the important thing is not our size or the unquestioned technical competence of our staff, but the calibre, integrity and diversified business experience of our Partners and Staff. And to that, our many contacts, and the source of business information we have as a result of working on a wide variety of problems with so many different companies, and it adds to why we believe that selection of R R Accountants, as your financial, tax consultants and auditors is an action that shall always be beneficial to all.
If you are a small business owner, the most sensible choice for you may be to hire an outside bookkeeper to handle your books and accounting, as opposed to doing them yourself or having a full time bookkeeper as an employee. Hiring outside contract professionals can often be a worrisome task. Unless you can find a candidate through a personal referral, you will never really know what you’re about to get. Moreover, there’s a wide variety of bookkeeping and accounting skill sets, education, certification, and professional backgrounds that will greatly influence the standard hourly rate of a contract bookkeeper. If you don’t know much about bookkeeping and accounting yourself, it might be hard to determine how experienced your hired bookkeeper really needs to be. This article will give you a general range of typical bookkeeping rates, as well as help you get an idea of what kind of candidate you should realistically aim to hire, based on the circumstances of your business.
To give you a very basic idea, a standard contract bookkeeper will typically cost $20-50 dollars an hour. If your books are already set up and running and you simply require a bookkeeper to book recurring transactions, you can realistically hire a solid candidate in the lower part of this range. If you are starting bookkeeping from scratch, chances are you will need someone with more comprehensive experience who knows how to set up books for your business. This person will need to have solid knowledge in bookkeeping software, as well as bookkeeping and accounting principles, in order to create a system to optimally track your business’s finances. Chances are this kind of candidate will cost $40/hr or more. If you need help with higher level accounting issues, such as interpreting and handling taxes which apply to your business, you will need to hire a certified accountant, who will realistically cost $100/hr or more.
Don’t worry, though, it’s absolutely possible to hire an entry level bookkeeper for less to handle the more rudimentary bookkeeping work your business will require, while only hiring the more advanced accountant for higher level tasks when it is necessary.
Keep this in mind: A great bookkeeper is worth his or her weight in gold. Experienced bookkeepers will make sure your businesses finances are tracked comprehensively and accurately, while also providing valuable financial advice based on the monetary trends he or she sees as the books grow over time. A bookkeeper can offer suggestions to improve your bottom line that will end up paying for their services, and maybe then some. Don’t be cheap with an unqualified bookkeeper – the last thing you want is for your books to be sloppy and inaccurate. That can be very costly as the future unfolds. Most small businesses starting out will only require a few hours of bookkeeping a week. So don’t worry about a good but more expensive bookkeeper totally breaking your bank.
West Midlands Accountants LTD, bookkeeping services for small and medium size business can help your bottom line thrive.