What Can Your Bookkeeper Do for You?
Bookkeeping is not a one size fits all kind of service. Depending on whether you use a ‘kitchen table’ bookkeeper, a small […]
Why Every Business Should Have Monthly Reporting
We’ve heard it all before: my business is only small, and I know exactly what’s going on, so I don’t need to […]
Dispelling the Myths of Bookkeeping
There are so many bookkeeping myths. Let’s face it, for small business owners, they’re an expensive luxury. After all, they only input […]
What Are Management Accounts, and Why do You Need Them?
Management accounts are monthly or quarterly financial reports. You might think your business is too small to worry about such things, but […]
New to Bookkeeping? This is What Every Small Business Should Know
Bookkeeping isn’t everyone’s cup of tea, but it is a vital component of running a small business. Starting out, when budgets are […]
7 Reasons Why You Should Outsource Bookkeeping
Running a business can be stressful, especially if you’re trying to get your head around things you’ve never done before, such as […]
Why It’s a Good Idea to Have a Separate Business Bank Account
Technically, if you are self-employed, you do not need to open a separate business bank account. Mind you, having said that, having […]
Why cash flow is vital for small businesses
Let’s start at the beginning. Cash flow is the money that flows in and out of your business. It’s either: Cash coming […]
Bookkeeping Basics – everything you need to know about financial statements
The first thing we want to clarify is that financial statements are not the same as bank statements. For starters, a financial […]
Keep an Eye on Your PAYE Account
As you know, the PAYE (pay as you earn) system is a way of paying income tax and national insurance contributions. The […]
What’s the Difference Between a Bookkeeper and an Accountant?
Bookkeepers and accountants play closely linked and vitally important roles for small and medium-size businesses across the UK. Unless you’re taking care […]