Monthly bookkeeping keeps your financial records current instead of a year-end scramble: every transaction recorded and categorized, bank and credit card accounts reconciled, and a closed set of books produced each month so you always know where the business stands. This is the base layer our other services build on — VAT filing, payroll accounting and management reporting all draw from the same monthly close.

What is it?
The recurring process of recording, categorizing and reconciling all business transactions each month to produce a closed, accurate set of books.

Who needs it?
Any operating business that wants current, reliable financial records rather than reconstructing a year of transactions at tax or audit time — particularly SMEs without in-house accounting staff.

- Always-current books, no year-end reconstruction scramble

- Bank and credit card accounts reconciled every month, catching errors early

- A reliable foundation for VAT filing, tax filing and management decisions

- Early visibility into cash position and outstanding items

1. Collect bank statements, invoices and receipts for the period

2. Record and categorize every transaction in your accounting system

3. Reconcile bank, credit card and petty cash accounts

4. Close the month and deliver updated books and a summary report

Cost Factor ~ Based on monthly transaction volume, number of bank/credit accounts, and complexity of categorization (multiple cost centers, projects, currencies).

Timeline ~ Each month is typically closed and reported within 5–10 business days after month-end.

1. What's included in monthly bookkeeping?
Typically transaction recording, bank and credit card reconciliation, categorization against your chart of accounts, and a closed set of books with a summary report each month. Accounts payable, receivable and payroll postings can be included or handled as separate services depending on your needs.

2. How far behind can my books be before it becomes a problem?
 Even a few months behind is manageable to catch up, but a year or more behind usually means missed VAT filing deadlines, unreliable financials, and a much larger catch-up project. We offer catch-up bookkeeping specifically for businesses starting from a backlog.

3. Can you take over bookkeeping mid-year from another accountant?
Yes — we review your existing books and opening balances, confirm they reconcile, and take over from the current period without disrupting your filing obligations. A short transition review usually catches any gaps in the prior work before we continue.