Expert Support for Day-to-Day Bookkeeping
Bookkeeping is the foundation of good financial management – and it’s also a legal requirement in Malta.
Under the Maltese Companies Act, 1995, all companies registered in Malta must keep proper accounting records. These records must give a true and fair view of the company’s financial position, performance, and cash flows.
Our bookkeeping services are designed to help your business meet these legal obligations while giving you accurate, up-to-date financial data you can trust. From recording daily transactions to reconciling accounts, we make sure everything is organised, compliant, and ready for decision-making or year-end reporting.
Whether you’re just starting out or managing a growing business, we’ll handle the numbers so you can focus on running your company with confidence.
Our basic Bookkeeping Services include, but are not limited to:
Daily entry of sales, purchases, receipts, and payments.
Verifying and matching transactions between your company’s bank statements and internal records.
Managing outgoing payments and incoming funds—tracking supplier invoices, processing payments, and issuing sales invoices.
Recording salary payments, tax deductions, and social security contributions.
Recording and reconciling small cash expenses to ensure nothing is overlooked.
Keeping your general, debtor, and creditor ledgers up to date and fully reconciled.
Ensuring your ledgers are balanced and ready for management reporting or annual financial statements.
Why Choose Our CPAs?
Interested in our accounting services or need a tailored quote?
Please fill in the form below – we’re here to help.
FAQs
Yes, absolutely. Bookkeeping isn’t just good business practice – it’s a legal requirement under the Maltese Companies Act, 1995. All businesses must keep accurate financial records that reflect their real financial position. Keeping your books in order helps you avoid penalties and gives you a clear view of how your business is doing.
It’s all about staying on top of your financial transactions. That includes recording sales and purchases, reconciling your bank accounts, tracking expenses, managing invoices, and keeping ledgers tidy. Good bookkeeping means no nasty surprises at tax time and smoother decisions throughout the year.
Definitely. Even if you’re just starting out, solid bookkeeping sets the foundation for long-term success. It helps you manage cash flow, prepare for tax season, and spot any issues early.
You can, but it depends on how comfortable you are with numbers and regulations. Many business owners start off doing it themselves but eventually hand it over to professionals to save time and avoid mistakes. If you’d rather not worry about spreadsheets and reconciliations, we’ve got your back.
Absolutely – and it might actually save you money in the long run. We keep our pricing simple and fair, with no hidden extras. When you factor in the time you’ll save and the peace of mind from knowing it’s done right, outsourcing your bookkeeping often beats doing it yourself or hiring in-house.
Software is great – but it only works if the data is accurate. Professional bookkeeping means you get human oversight, fewer errors, and peace of mind. We use reliable tools, but more importantly, we know what to look for.
Our services cover everything from recording daily transactions and managing invoices to reconciling bank accounts, payroll entries, petty cash, and monthly trial balances. We tailor the service to fit your business needs.
That depends on your business, but we recommend at least monthly. Regular bookkeeping ensures your records are up to date, helps with cash flow tracking, and makes filing VAT or tax returns much easier.
Don’t worry – it happens. We can help you get back on track by cleaning up your records and setting up a system that works for your business moving forward. The sooner you catch up, the easier everything else becomes.
Is your accountant hard to reach or slow to respond? Are you looking for a higher level of support?
Maybe it’s time to make a change – we’d love to welcome you to Bartolo & Associates.
We’ll contact your current accountant and handle the entire transition for you – quickly, professionally, and with zero disruption to your business.
