Bookkeeping is an unknown quantity for many people. Does anyone really understand what it entails and what a bookkeeper does? Bookkeeper is a title which can cover everything finance related or can be as simple as data entry. The word "bookkeeper" doesn't really do justice to our role in a business …
What is important to you when you are considering outsourcing your bookkeeping? Maybe you just need someone, anyone, to just organise all that paperwork which keeps appearing. Do they need to know what they are doing? Do they need experience? If you want to keep your finances on track you will need someone who can do more than just organise paperwork. You need someone who understands accounts, can do what you need them to do and is reliable and honest too. …
Businesses receive payment from their customers in different ways. Shops and online retailers have the advantage of receiving payment when they make the sale and therefore mostly have no issues with customers not paying. …
More businesses are moving to cloud accounting software. With Making Tax Digital for Businesses just 12 months away it makes sense to get ready now and move your accounts to software that will be compliant with the new regulations. Cloud accounting software is user friendly and makes keeping your accounting records a whole lot easier. VAT returns can be submitted directly to HMRC at the press of a button and as we get closer to April 2019 developers will be updating software to cope with the new requirements. …
I have been providing bookkeeping services to individuals and businesses for more than 14 years now and one of the biggest surprises to me in the first few years was to be told that I was a good bookkeeper. I was surprised because shouldn't all bookkeepers be good? Keeping accurate records and understanding the financial aspects of a business is what bookkeepers do and whilst we learn different areas of bookkeeping for different businesses the foundations of our learning are still the same. …
