Bookkeeping Services
Bookkeeping Services Peterborough
Figures UK provide professional bookkeeping services for sole traders and limited companies in Peterborough and Market Deeping. Cloud-based, Xero-powered, and included in your fixed monthly fee.
Real-Time Cloud Bookkeeping
Ditch the Shoebox. Get Clear, Up-to-Date Financials Every Month.
Traditional bookkeeping means chasing receipts, manual spreadsheets, and finding out how your business is performing months after the fact. Figures UK do it differently.
We manage all your bookkeeping in Xero — connecting your bank feeds, reconciling transactions, and keeping your accounts accurate month by month. Combined with Dext receipt capture, your financial records are always complete and up to date without piles of paperwork.
Figures UK were one of the very first accountants in the UK to adopt Xero with their clients, alongside receipt extraction software — so cloud bookkeeping isn't a box we tick, it's how we've worked for years.
Bookkeeping is included within your fixed monthly fee. Sole traders pay £73/month on Making Tax Digital, limited companies from £220/month — covering bookkeeping, VAT, payroll, tax returns, and unlimited advice.
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Traditional bookkeeping
Figures UK bookkeeping
What's Included
Everything in Your Bookkeeping Service
Cloud Bookkeeping via Xero
All bookkeeping is done in Xero, giving you real-time access to your financial data from any device. Your accounts are always up to date — not just at year end.
Bank Reconciliation
We connect your bank feeds directly to Xero and reconcile transactions monthly, ensuring your books are accurate and any discrepancies are caught early.
Sales and Purchase Ledger
We manage your sales invoices and supplier invoices, keeping a clear record of what you are owed and what you owe — essential for cash flow management.
Receipt Capture with Dext
Dext receipt extraction software is included with your service. Photograph receipts on your phone and they flow straight into Xero — no more boxes of paper.
Monthly Management Reports
Every month you receive a clear summary of your income, expenses, and profitability — so you can make informed decisions rather than guessing at your financial position.
Making Tax Digital Ready
Xero-based bookkeeping is fully MTD compliant. We manage your digital record-keeping and quarterly submissions, keeping you ahead of HMRC requirements.
Common Questions
Bookkeeping FAQs
How easy is it to switch accountants, and can you take over partway through the year?
Very easy — and yes, you can switch at any point in the year. As one of the very first UK firms to use Xero with clients, we make the handover seamless: we request your records, migrate your books into Xero, and handle the transfer to HMRC and Companies House for you. There's no disruption to your deadlines and no need to wait for year end.
What is bookkeeping and why does my business need it?
Bookkeeping is the systematic recording of all your business's financial transactions — income, expenses, invoices, and payments. Accurate bookkeeping gives you a clear picture of your financial position, ensures your VAT and tax returns are correct, and is a legal requirement for all businesses. Without it, you risk HMRC penalties, cash flow surprises, and inaccurate tax calculations.
How much do bookkeeping services cost in Peterborough?
At Figures UK, bookkeeping is included within your fixed all-inclusive monthly fee — £73 per month for sole traders on Making Tax Digital and from £220 per month for limited companies. There are no hourly rates and no separate bookkeeping charges. Everything is covered: Xero, Dext, bookkeeping, VAT, payroll, and tax returns.
Do I need to do any bookkeeping myself?
Very little. With Xero and Dext, you simply photograph receipts on your phone and send us anything we ask for. We handle all the reconciliation, categorisation, and reporting. Most of our clients spend less than 30 minutes per month on bookkeeping admin.
What is the difference between bookkeeping and accounting?
Bookkeeping is the day-to-day recording of transactions. Accounting involves interpreting that data — preparing tax returns, financial forecasts, and strategic advice. At Figures UK, both are included in your monthly fee. Your dedicated accountant handles the full picture, not just one piece of it.
What is Making Tax Digital and does it affect my bookkeeping?
Making Tax Digital requires VAT-registered businesses to keep digital records and submit VAT returns through MTD-compatible software. Xero is fully MTD-compliant, and Figures UK manages all your MTD submissions. If you are not yet using digital bookkeeping, we will migrate you as part of your onboarding.
Can you take over my bookkeeping from my current accountant?
Yes. Figures UK handles the entire transition — requesting records from your previous accountant, migrating your data into Xero, and getting everything up to date. We aim to make the switch completely seamless and stress-free for you.
Get In Touch
Get In Touch With Us
Want a fixed monthly quote or a quick chat about switching accountants? Send us a message — we'll reply with clear next steps.
Worried about switching? Don't be.
You can move to Figures UK at any point in the year — no need to wait for year end. We handle the entire handover, including moving your records and transferring everything to HMRC, so the switch is seamless and stress-free for you.