info@sandrasilk.co.uk
Call us on 01722 341820

Matching "Bookkeeping" Tag

33 articles 
First | Prev | [ 1 ] | 2 | 3 | 4 | Next | Last
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.…
I have been providing bookkeeping services to individuals and businesses for more than 14 years now and one of the biggest surprises to me in the first few years was to be told that I was a good bookkeeper.  I was surprised because shouldn't all bookkeepers be good?  Keeping accurate records and understanding the financial aspects of a business is what bookkeepers do and whilst we learn different areas of bookkeeping for different businesses the foundations of our learning are still the same.…
If you are just starting out in business you will probably have lots of questions especially when it comes to managing your finances.  Many banks will want you to prepare a forecast of your income and expenditure before they will consider you for a loan or an overdraft and many need this even to open a business bank account. That can be daunting if you really don't know where to start and what you should include.…
Making Tax Digital (MTD) is HMRC's term for submission of tax information online.  The revised implementation date was announced in July 2017 and now we have a little more information about what will be expected. From April 2019 VAT registered businesses over the VAT registration threshold (£85,000 for 2017-18) will have to submit their monthly or quarterly VAT returns online through their accounts software.  VAT registered businesses below the VAT registration threshold will not be required to but can submit in this way voluntarily.  If you submit annual VAT returns you will be able to continue to do this.  …
Businesses should have a separate bank account for their business transactions as it will make preparing their accounts so much easier. Trying to extract business income and costs from a personal account takes a lot more time and if you needed to prove any business transactions when applying for a loan, for example, they would have access to your personal spending habits too.…
Bookkeeping is defined as "the recording of all financial transactions".  Sounds simple but if that was the case why is bookkeeping a career with qualifications ranging from Level 2 to Level 4?   The financial transactions of a sole trader's business to those of a huge organisation vary enormously but whatever level of transactions there are bookkeeping principles to follow.  A sole trader business can be just as complex as a limited company business, maybe more so in some cases - we certainly deal with sole traders who have high value businesses and large numbers of transactions as well as limited companies who have very…
33 articles 
First | Prev | [ 1 ] | 2 | 3 | 4 | Next | Last
Copyright © 2018 Sandra Silk Bookkeeping and Business Services Ltd  |  All Rights Reserved
Unit 21 Portway Business Centre
Old Sarum, Salisbury
Salisbury
Wiltshire
SP4 6QX

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