We would recommend that your bookkeeping is completed at least quarterly; this will mean that you’re ready for Making Tax Digital submissions, and makes it less likely that you’ll lose any vital bits of paperwork.
Because our clients send us their paperwork electronically, we can keep on top of everything on a regular basis; for clients who upload their paperwork to Dext as it comes in, we update their records at least weekly. This means that they can use Xero to keep track of who owes them money, bills they need to pay, and other key information.