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 t…
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, complet…
Have you seen the Xero adverts on TV or heard them on the radio? Xero accounting software has become extremely popular and now has more than 2 million subscribers around the world. Perhaps you are already a Xero user but feel that you…
If you decided to outsource your bookkeeping would you choose a bookkeeper or an accountant? It can be confusing because many accountants offer bookkeeping services and therefore are a one-stop shop for your bookkeeping and your tax ret…
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 …