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…
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 …
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 bu…
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 softwar…
