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Bookkeeping

24 articles in Bookkeeping
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It is surprising how many emails I receive asking how much we charge for bookkeeping.  Of course that is the uppermost thought when deciding to get some outside help with something.  How much is it going to cost me? But how can I give you a price when I have no idea what you need, what your business does, whether your accounts are up to date or in a mess or whether you have a VAT return due next week. We do not have a "one price fits all" package. …
Every individual and every business now has access to an HMRC account which, by 2020, will show their overall tax situation. VAT, PAYE, Self Assessment Tax and Corporation Tax accounts will all be in one place giving an individual or business owner an overview of their personal and/or business tax liability. Individuals will be able to access this account from a digital device at any time to see their tax situation, update their information or register for new services.…
Taking time out from the normal day to day routine (although our days are far from routine!) is an opportunity to open your mind to fresh thinking and new ideas. Last week Sarah and I attended Sage Summit in London - a two day conference showcasing Sage products and a chance for Sage to share its recent developments and enhancements and their plans for the next 12 months. Deborah Meaden and Martha Lane Fox were…
Learning how to do something new is a challenge. Some people learn because they like a challenge, others because of necessity. As a business owner you have to learn all sorts of skills which didn't even occur to you when you were working through your ideas for setting up your business. Sometimes those skills are learnt from trial and error but sometimes you just need someone to guide you.…
As a bookkeeper with a successful bookkeeping practice I frequently receive emails from people who want to become bookkeepers asking me for advice. I am happy to answer their questions and point them in the right direction for qualifications. Or at least I was....…
All businesses need to provide an invoice whether that is a till receipt, a handwritten one from a duplicate book, your own template using Word or Excel, or a bespoke invoice from your accounts software. If you deal with lots of suppliers you will receive a variety of invoice formats. How many of these give you the basic information you need clearly? So when comparing confusing and straightforward invoices from your suppliers with your own company's invoices which category do your invoices fall into? …
Bookkeeping is our specialty. Bookkeeping is not just entering invoices or payments. If it was I think we would be bored by now! What we love is working with such a wide variety of businesses. It is fascinating what people do, the skills and knowledge they have and how their business develops. It makes bookkeeping interesting and provides us with all sorts of challenges. …
Cloud accounting software such as Xero, Quickbooks Online, Sage One and Kashflow are becoming more popular with businesses. Gone are the days when only the bookkeeper or the accountant could do the accounts because no-one else knew how to use Sage. Web-based software has given business owners the freedom to look at their accounts whenever and wherever they like. …
Being in business is about selling a service or a product in order to make a profit. On paper it can look as though you are making a profit however your bank account could tell a very different story. When sales are invoiced they are recorded in your accounts as income but…
A good bookkeeper will give you peace of mind. As your business grows keeping a record of your financial transactions becomes more and more important but as it grows you will have less time to devote to this. For many business owners it is a difficult step to move from “doing it all” to paying someone else to do it. …
24 articles in Bookkeeping
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Unit 21 Portway Business Centre
Old Sarum, Salisbury
Salisbury
Wiltshire
SP4 6QX

e: info@sandrasilk.co.uk
t: 01722 341820