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Matching "Accounts" Tag

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Following on from my article last week about finding the right bookkeeper for you this article will give you more insight on the bookkeeping services we offer to our clients. …
When maintaining your accounts records becomes too much as your business grows and you realise you need some help how do you find someone to help?…
I have been using Xero for 9 years now and frequently train not only our own new employees on how to use it but also other businesses who need help. One of the advantages of Xero has always been the bank feed which downloads transactions from your bank on a daily basis directly into the software.  These transactions can then be quickly and easily allocated to an invoice or directly to an account code with a description and relevant VAT code. But sometimes the bank feed…
Last week I wrote about checking your unpaid bills, your creditors, to see if the bills outstanding are accurate or whether there are old unpaid bills which could be duplicates or could require credit notes. This week I am going to cover debtors - the customers who owe you.  Whilst all business owners think they are on top of their unpaid invoices and know exactly who owes them and how much they are owed, often the accounts tell a different story.  …
Creditors are the suppliers you owe money to but have you ever thought to check whether the report generated from your accounts software is accurate? When we take over bookkeeping work one of the things we check is the age of the supplier invoices awaiting payment. …
March is the chosen financial year end for more than 60% of our bookkeeping clients, whether they are a sole trader or a limited company.  So in April and May we are completing March and April bookkeeping for our bookkeeping clients, completing their VAT returns and finalising their accounts to hand over to their accountant.  This year, despite the additional workload created by COVID-19,…
When keeping your accounts records you can choose whether to record your transactions on a cash or accrual basis so it is important to understand these terms when it comes to understanding your finances as they can each give a different picture of your business for the same period. Recording transactions on a cash basis means…
In their simplest form management accounts inform the business owner and managers (where appropriate) of the key numbers for their business.  Every business is different and whilst some key numbers are important in every business each business might like to keep track of a different aspect of their business.…
I have worked with Xero since 2011 and whilst it is not the only software we use it has become more popular both with our customers and our bookkeepers.  It is user friendly and is generally quicker to work with than traditional desk top softwares.Whilst there are lots of positives to using the software there are some negatives too which it is worth being aware of.…
A large number of our clients are using Xero to maintain their accounts records and as a Xero Silver Champion partner we are well placed to help them get started and use it to its best advantage for their business. So if you are already using Xero or are thinking about using it what are our top five tips for getting started.…
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Unit 21 Portway Business Centre
Old Sarum, Salisbury
Salisbury
Wiltshire
SP4 6QX

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