Bookkeeping

2022 has not been the best year so far for most businesses. Businesses are still struggling with the effects of the coronavirus pandemic, which led to less foot traffic, low spending among consumers, and the current employment crisis. When these were starting to be well managed,...

Most businesses rely on financial statements to understand the financial health of their outfit. It's using statements that businesses gain indications of profitability, liquidity, and solvency of the enterprise. However, the statements are only as good as can be verified from reconciliation. Reconciliation is all about connecting...

As a sole trader, the cost of anything necessary for running your business can be considered an expense. That means you'll pay less tax and keep more of your hard-earned money. Understanding how to handle expenses is important to ensure you pay the right amount of income...

Small businesses are the backbone of the UK economy and crucial to the overall success of the nation. It is not always easy to set up and establish a thriving small business, however, and there is lots for any entrepreneur to think about in 2022. One...

Cloud accounting refers to the process of moving traditional accounting online - more specifically, to the cloud. It can do everything that traditional accounting does but uses third-party APIs so that businesses can make better and easier use of their finances. Cloud accounting is especially useful...

SMEs represent the hidden key to the UK’s financial health and economy. That’s why it’s so vital that SMEs are equipped with qualified and experienced accountants going into 2022. The financial trend is moving more firmly towards cloud accounting and offering more support to SMEs after numerous...

If you’re a sole trader or start-up, every opportunity to secure a client or make another sale is crucial. The last thing you want to do is waste precious time that could be spent chasing leads trying to get your business finances in order. If your business...

All small business owners know how vital it is to keep a track of their accounts. This not only helps you to be in control of key things like cash flow but also means you can run payroll effectively and set realistic goals for future growth....