Bookkeeping for Sole Traders
FAQs - Solely Bookkeeping
At Solely Bookkeeping, I am dedicated to assisting small businesses, start-ups, and family-run enterprises in navigating the complexities of financial management. With over 30 years of experience in the finance industry, including a focus on bookkeeping, I bring a wealth of knowledge and expertise to ensure your financial records are accurate and up-to-date. My AAT qualification, combined with a passion for bookkeeping for sole traders, allows me to provide high quality office services. I understand the pressures faced by busy businesses like yours and aim to take the hassle out of bookkeeping so you can concentrate on what you do best—running your business.
FAQs
What services do you offer?
I offer a range of bookkeeping services for small businesses, including financial accounts and account preparation, VAT handling, implementation of computerised accountancy systems, and payroll management. Additionally, I provide customised financial advice and support to help you manage and grow your business effectively.
Why should I outsource my bookkeeping?
Outsourcing your bookkeeping allows you to focus on your core business activities while ensuring your financial records are accurate and properly maintained. This approach can save you both time and money compared to hiring a full-time in-house bookkeeper, while also providing expert insights that enhance your financial management.
How do you ensure the accuracy of my financial records?
I employ a meticulous approach to bookkeeping, utilising advanced software to double-check all entries. As a small business bookkeeper, I adhere to best practices, conducting regular account reconciliations to guarantee the highest level of accuracy in your financial reports.
What bookkeeping software do you use?
I use industry-leading bookkeeping software. I can also work with other platforms based on your preferences. My goal is to integrate seamlessly with your existing systems to provide efficient and precise bookkeeping services.
How often will I receive financial reports?
I provide financial reports on a monthly, quarterly, and annual basis, depending on your specific needs. These reports include balance sheets, income statements, cash flow statements, and other customised reports to help you understand your financial position and make informed decisions.
Is my financial information secure?
Absolutely. I prioritise the security and confidentiality of your financial data. I utilise secure, encrypted systems for storing and processing your information, and I follow strict confidentiality protocols to protect your privacy.
What is the process for getting started with your services?
Getting started is straightforward. Initially, we'll have a consultation to understand your needs and provide a customised proposal. Once you agree, we will sign a service agreement and begin the onboarding process, which includes gathering necessary documents and setting up your bookkeeping system. I provide bookkeeping for sole traders, family businesses, partnerships, sports clubs, and a range of small businesses.
How much do your services cost?
My pricing varies based on the scope and complexity of the services you require. I offer competitive rates and customised packages to fit your budget. Please view my service pages for detailed pricing information.
Do you offer support for small businesses and start-ups?
Yes, I specialise in working with small businesses, start-ups, sole traders, and partnerships. I understand the unique challenges you face and provide bookkeeping for sole traders and small businesses to help you manage your finances efficiently and grow your business.
How can I contact you if I have questions or need support?
You can reach me via phone, email, or through my website. I also offer regular check-ins and meetings to review your financial reports and address any questions or concerns you may have.
Can you help with budgeting and financial planning?
Yes, I provide budgeting and financial planning services to help you set financial goals, create realistic budgets, and develop strategies to achieve them. My proactive financial advice can help you make informed decisions and optimise your business's financial health.
How do I get started working with you?
Book a free discovery call or send me a message. We'll discuss your needs and I'll recommend the right solution—whether that's a monthly package or flexible hourly support.
What's your pricing?
I offer bespoke monthly packages based on your business needs, plus hourly and daily rates for ad-hoc work. Pricing depends on transaction volume and complexity. Get in touch for a tailored quote.
What's the difference between a bookkeeper and an accountant?
Bookkeepers (like me) manage day-to-day finances: invoices, bank reconciliations, VAT returns, expense tracking, and financial reports. Accountants handle compliance: annual accounts, Corporation Tax returns, and tax planning. I keep your books organised so your accountant can focus on strategy and compliance.
Do you file Corporation Tax or annual accounts?
No-I specialise in bookkeeping only. Limited companies still need an accountant for statutory filings (annual accounts, Corporation Tax, Companies House submissions). Need a referral? I'm happy to recommend trusted professionals.
I'm relocating from Germany to the UK. Can you help?
Absolutely. As a native German speaker fluent in English, I help German-speaking entrepreneurs understand UK bookkeeping, VAT, and invoicing requirements. We can communicate in German or English—whatever works best for you.
Do you only work with German speakers?
Not at all. While I specialise in supporting German-speaking clients, I work with UK sole traders, partnerships, and small businesses from all backgrounds.
Which bookkeeping software do you use?
I work with QuickBooks & Feeagent. New to UK business? I'll help you choose and set up the right system.
Can you help with one-off projects?
Yes! I offer: - One-off catch-up sessions - Software training - Ad-hoc hourly or daily support
Where are you based?
I'm UK-based and work remotely with clients nationwide. Whether you're in London or elsewhere, I provide full online support.
Annette Rieger is licensed and regulated by AAT under licence number 1008374.
Solely Bookkeeping is a Limited Company. Registered in England and Wales under number 15749335.