Limebooks Accountants

Are you looking for a user-friendly and efficient accounting tool to streamline your financial management? Look no further than Limebooks, your trusted accounting companion based in the UK. We understand the unique needs of small businesses and individuals, and our platform is tailored to make accounting hassle-free.

Managing your bank transactions has never been easier. With Limebooks, you can directly import your bank transactions in various formats, including paper, PDF, or CSV, from any bank. The magic begins as Limebooks automatically recognizes, categorizes, and determines the VAT on each transaction for you. There's no need to modify the CSV; just import it as you've downloaded it. Limebooks is compatible with major banks, including NatWest, Barclays, HSBC, Tide, Starling, and PayPal. You can expect a balanced and analyzed bank account every time. What's more, you can import anything from a single transaction to 12 months of transactions in one go, and all your data is exportable as CSV or PDF files.

Say goodbye to the hassle of creating invoices manually. Limebooks allows you to quickly generate and send professional customized invoices, complete with your company logo. You can easily search, filter, and amend customer invoices and keep track of outstanding payments with just one click. If you're a subcontractor, Limebooks even lets you allocate money received against invoices and deduct any Construction Industry Scheme (CIS) amounts. Creating and emailing credit notes to your customers is also a breeze, and you can generate multiple sales reports for better financial insights, exporting them in CSV or PDF formats.

Tax deadlines and filing dates can be overwhelming, but Limebooks ensures you never miss a beat. You'll have complete control over all your filing deadlines and tax payment due dates, neatly organized in date order. These reminders are personalized for your business, so you'll always know what's coming up next. Bid farewell to the stress of missing filing deadlines or tax payments.

Limebooks offers a wide range of detailed reports to give you a clear view of your business's financial health. You can track your income and expenditure over any period, helping you manage your cash flow efficiently. Multiple sales reports, including invoices raised, monies received, and outstanding invoices, provide you with a holistic view of your business's financial performance. Limebooks also offers a travel claims report, showing all your mileage and subsistence claims for any chosen period. Additionally, you can access detailed breakdowns of income or expenditure categories for any period and keep an eye on your bank and cash accounts with the running balance report.

Value Added Tax (VAT) doesn't have to be a headache. Limebooks helps you prepare and submit your Making Tax Digital (MTD) compliant VAT Returns directly to HMRC. It's suitable for businesses using cash accounting for VAT under the Standard Scheme or Flat Rate Scheme. Limebooks can calculate your VAT Returns in real time, ensuring you always know your exact liabilities. Access all your previously submitted VAT returns, view a comprehensive summary breakdown of each VAT Return box, and even access HMRC VAT submission receipts for your records.

Limebooks helps you accurately record and track your business miles traveled and subsistence claims made, all calculated at HMRC approved rates. You can easily produce reports for any given period to support your claims, making tax deductions a breeze.

Editing transactions is a breeze with Limebooks. Whether it's a single transaction or multiple transactions with incorrect categories or VAT codes, you can make changes with just one click. Plus, you can sort all your data on-screen by date, category, reference, description, or amount, simplifying your search and organization.

At Limebooks, we understand that managing accounting and payments can be time-consuming. That's why we offer a managed billing service. We can set up your Limebooks account, and all billing will go through us. This means you can focus on your business while we take care of your accounting software payments, ensuring a seamless and hassle-free experience.

After your free trial period, Limebooks offers a simple and cost-effective pricing structure. You'll pay only 5p + VAT per bank and cash transaction posted on the software. This transparent pricing ensures you have full control over your accounting costs, allowing you to focus on your business's financial success without any hidden fees.

In conclusion, Limebooks is your all-in-one accounting solution designed with UK-based small businesses and individuals in mind. With its user-friendly interface, powerful features, and commitment to making accounting easy, Limebooks is here to help you take control of your finances. Say goodbye to accounting headaches and hello to financial clarity with Limebooks at a price that won't break the bank, with the added convenience of managed billing.