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Bookkeeping

40 articles in Bookkeeping
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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. …
Its that time of year again when bookkeepers, payroll administrators and accountants are preparing P11ds for businesses who reimburse employee expenses or provide their employees with benefits. P11ds for the period 6th April 2015 to 5th April 2016 have to be submitted to HMRC by 6th July with any payment due being made by 22nd July.…
From 5 October 2015 large retailers must charge at least 5p for one-use carrier bags. A large retailer is a business with over 250 employees based in one or more branches. Smaller businesses can voluntarily charge for carrier bags. …
Following on from my blog post about bank charges there is another area of charges you should review. If you use a card terminal such as…
Business bank accounts have free banking for between one and two years after you set them up but once that honeymoon period is over do you check what you are paying charges for? …
Book-keeping is the recording of financial transactions to produce an income and expenditure statement which will show a business owner how their business is performing and a balance sheet which will show the assets and liabilities of the business. Bookkeeping can vary from straightforward recording of receipts and expenses to more complex maintenance of …
There isn't a standard format for preparing an invoice and if you buy goods from a number of suppliers you will find they will all be different. However there is certain information you must include on an invoice for your customers' benefit, for your own benefit and which is required if you are VAT registered. So our top tips for invoicing are:…
As a business owner do you really want to spend your time doing your accounts or would you rather be doing or selling what your business is about? Bookkeepers take care of the detail and will become a valued member of your team. …
An increasing number of businesses are using proforma invoices to obtain payment from their customers but rarely do they follow up with a VAT invoice. So what is the difference between the two?…
40 articles in Bookkeeping
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Old Sarum, Salisbury
Salisbury
Wiltshire
SP4 6QX

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