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…
As a business we are not very good at sharing the feedback we get from our clients. In fact we don't share it at all unless you happen to be looking at our website because you need a bookkeeper or someone to take on your payroll.
&…
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 …
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…
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 statut…