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 statutory accounts if they are a limited company. So it is important that businesses keep regular and accurate records …
The newest recruit to our bookkeeping team joined us at the beginning of May. Ryan is a trainee currently about to complete his Level 3 exams. I know Ryan is really enjoying the variety of work we do and being able to learn from our experienced bookkeepers but I thought it would be interesting if he wrote about why he chose to do accounts and how he has found the first few weeks. This might help others considering a similar change because it is always daunting, as well as exciting, to take a massive step in a different direction. Here is the beginning of Ryan's bookkeeping journey. …
The world of bookkeeping and accountancy is changing and has been changing rapidly over the last few years. At one time small businesses would have …
The majority of businesses will need to provide their customers with an invoice for the goods they have bought or the services they have received. The format of that invoice and how it is presented to the customer will vary from business to business. …
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. …
