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Month-end close in United Kingdom: how it runs
LedgerBPO's month end close outsourcing UK companies use gives you a named dedicated accountant who runs a fixed close checklist every month inside your Xero, QuickBooks Online or Sage 50 file, reconciling accounts and posting accruals ahead of your Companies House filing and VAT deadlines. A second accountant reviews the close before you see the numbers.
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What it covers
LedgerBPO's month end close outsourcing UK companies use gives you a named dedicated accountant who runs a fixed close checklist every month inside your Xero, QuickBooks Online or Sage 50 file, reconciling accounts and posting accruals ahead of your Companies House filing and VAT deadlines. A second accountant reviews the close before you see the numbers.
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What you get
A written close checklist with a sign-off log, run the same way every month
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How it runs
Accruals, prepaids, depreciation and cut-off posted, not skipped
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What you see
A close calendar agreed with you, with each step visible in LedgerDesk
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A named accountant, a backup and a team lead
Inside your own software, on a fixed close calendar, with a reply from a person within 1 business day. Call +1-657-777-0006 or start a quote.
Get a custom quote 06 / 06
What is different in United Kingdom
A UK month-end close has to feed two separate deadlines. VAT-registered businesses need the quarter's figures accrued correctly so the return ties to the ledger, and every private limited company has an accounting reference date that sets both the confirmation statement and the nine-month window to file accounts at Companies House. Smaller companies usually report under FRS 102 or FRS 105, which shapes how accruals, leases and small-company exemptions are treated. Xero, QuickBooks Online and Sage 50 all support a formal period lock once the close is reviewed. Our accountants build the close calendar around your VAT stagger and accounting reference date, working UK hours from our second office in Pakistan so the checklist keeps moving.
UK rules that shape the work
Accounting reference date
Every UK company has an accounting reference date that sets the year end, the confirmation statement due date and the nine-month deadline to file accounts at Companies House.
FRS 102 and FRS 105
Most small UK companies report under FRS 105 or FRS 102, which sets simpler rules on accruals and disclosure than a full close under other frameworks.
VAT accrual at quarter end
Output and input VAT are accrued to the period they relate to, not the payment date, so the close and the VAT return are built from the same figures.
Close tools
Xero, QuickBooks Online and Sage 50 all support locking a closed period, and we use that lock so a reviewed month cannot be changed without a note.
What's included
- Close checklist built around your chart of accounts and business
- Bank, card and payment processor reconciliations completed
- Balance sheet account reconciliations with supporting schedules
- Accrued expenses and accrued revenue posted and reversed on schedule
- Prepaid expense and deferred revenue schedules updated
- Fixed asset additions, disposals and monthly depreciation posted
- Revenue and expense cut-off checked against invoices and bills
- Inventory, work-in-progress or job cost adjustments where relevant
- Payroll and sales tax liabilities agreed to filings
- Intercompany balances tied and eliminated where you have several entities
- Period locked in your software after review and your approval
- Monthly financial statements with a short note on what changed and why
Deliverables and KPIs
| Deliverable | KPI we report |
|---|---|
| Close checklist completed | Every step signed off on the calendar agreed with you |
| Balance sheet reconciled | Every balance sheet account supported by a schedule each month |
| VAT accruals posted | Output and input VAT accrued to the correct period before close |
| Period locked | Closed month locked in your software with a change log for later entries |
UK software we work in
Pricing in GBP
Pricing depends on volume and scope. Get a custom quote within 1 business day. Quotes for United Kingdom clients are issued in GBP.
Security and compliance
- Accountant-role access only; you own the software and the data
- Read-only bank feeds where available; every payment is released by you
- MFA everywhere, per-client access log, and the period lock protects closed months
Full control list on the security page and country rules on the compliance page. Certifications are listed only when held.
Frequently asked questions
How much does month end close outsourcing cost in the UK?
Pricing depends on volume and scope, so we send a custom quote within 1 business day. As a UK benchmark, fixed fees for bookkeeping with a monthly close run £100 to £1,500 per month, with higher volumes reaching the top of that range (UK provider pricing surveys, 2026). Entity count and reporting needs move the quote.
Do you submit our VAT return or accounts?
No. The close produces reconciled figures that feed your VAT workings and year-end accounts, but you or your accountant reviews and submits the VAT return to HMRC and files the accounts and confirmation statement with Companies House on your behalf.
Do you cover UK hours?
Yes. The close runs from our second office in Pakistan on a calendar built around UK business hours, so open items raised during your working day are usually cleared before the next close step is due, without waiting overnight.
How does the close line up with our Companies House deadline?
We build the close calendar around your accounting reference date, so the final month of your financial year is closed with enough time for your accountant to prepare accounts before the nine-month Companies House filing deadline arrives.
Can you close the books if we report under FRS 105?
Yes. We tailor the checklist to FRS 105 or FRS 102 as your accountant specifies, applying the simpler small-company treatment of accruals and disclosure that FRS 105 allows, so the numbers your accountant receives are ready for that framework already.
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