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Matching "Bookkeeping" Tag

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The last couple of years have got busier and busier for us.  Lots of new enquiries, lots of new clients and lots of one-off Xero training but with MTD looming I decided at the beginning of this year we would not take on any new clients for a few months.  As lovely as it is…
All businesses need to keep an annual record of their income and their business expenses in order to report them to HMRC through a tax return if they are a sole trader, through partnership accounts if their business is a partnership or through statutory accounts if they are a limited company.   So it is important that businesses keep regular and accurate records…
The newest recruit to our bookkeeping team joined us at the beginning of May. Ryan is a trainee currently about to complete his Level 3 exams.  I know Ryan is really enjoying the variety of work we do and being able to learn from our experienced bookkeepers but I thought it would be interesting if he wrote about why he chose to do accounts and how he has found the first few weeks.  This might help others considering a similar change because it is always daunting, as well as exciting, to take a massive step in a different direction. Here is the beginning of Ryan's bookkeeping journey.…
The world of bookkeeping and accountancy is changing and has been changing rapidly over the last few years.  At one time small businesses would have…
The majority of businesses will need to provide their customers with an invoice for the goods they have bought or the services they have received.  The format of that invoice and how it is presented to the customer will vary from business to business.  …
As a bookkeeper I have contact with lots of business owners who are in one or more of the following situations and need help.  It is always difficult to ask for help when you don't know exactly what you need help with but just know you can't continue as you are. …
Bookkeeping is an unknown quantity for many people.  Does anyone really understand what it entails and what a bookkeeper does?  Bookkeeper is a title which can cover everything finance related or can be as simple as data entry.  The word "bookkeeper" doesn't really do justice to our role in a business…
What is important to you when you are considering outsourcing your bookkeeping? Maybe you just need someone, anyone, to just organise all that paperwork which keeps appearing.  Do they need to know what they are doing?  Do they need experience? If you want to keep your finances on track you will need someone who can do more than just organise paperwork.  You need someone who understands accounts, can do what you need them to do and is reliable and honest too.…
Businesses receive payment from their customers in different ways.  Shops and online retailers have the advantage of receiving payment when they make the sale and therefore mostly have no issues with customers not paying.…
More businesses are moving to cloud accounting software.  With Making Tax Digital for Businesses just 12 months away it makes sense to get ready now and move your accounts to software that will be compliant with the new regulations. Cloud accounting software is user friendly and makes keeping your accounting records a whole lot easier.  VAT returns can be submitted directly to HMRC at the press of a button and as we get closer to April 2019 developers will be updating software to cope with the new requirements.…
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Unit 21 Portway Business Centre
Old Sarum, Salisbury
Salisbury
Wiltshire
SP4 6QX

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