Bookkeeping Blog for Business

Bookkeeping For Small Business

The Beginner’s Guide To Bookkeeping For Small Business Bookkeeping for small business is a topic that many owners run away from. It’s a topic that seems extremely complex, but avoiding it just leads to more trouble. For that reason, in this article, we are going to be covering the basics of bookkeeping for small businesses Read More

How to Budget your Money

HOW TO BUDGET YOUR MONEY Do you need to know how to budget your money in these changing times? With the Coronavirus outbreak, many of us will have a significant change in both income and expenditure. For some, the biggest worry is can you afford to live during these changes? We have developed a budget Read More

Bookkeeping Books for Reference

Top 5 Bookkeeping Books Are looking for bookkeeping books to assist your small business accounts? Take a look at our top 5 books. I keep a selection of books to help in research for articles, guides for clients and continuing professional development. There is lots of information on the internet about accounting and bookkeeping, but Read More

9 Easy Bookkeeping Tips

Keeping good financial records is essential for the success of your business. The numbers in your bank account measure your business and here are some key bookkeeping tips that successful businesses practice regularly. By adopting good bookkeeping habits from the beginning will help ensure that mistakes are minimised and costly errors avoided. These bookkeeping tips Read More

Difference between Bookkeeping and Accounting

What is the difference between bookkeeping and accounting? All businesses will use both bookkeeping and accounting to produce financial reports. Depending on your time and ability will depend if you need to hire a bookkeeper or accountant. Bookkeeping is the process of recording the transactions of the business. It may include posting sales and purchase Read More

Top 5 Free Accounting Software

Are you looking for the best free accounting software in 2019? As a small business or just starting out, finding a free accounting package can be a good start with your bookkeeping. As your business grows, you may need to upgrade the software. Our guide will provide the best solutions for free accounting software. Each Read More

What is a Sole Trader

What is a sole trader? A sole trader definition is a person that sets up business on their own and do not work for another business. In the UK this is one of the most popular small business formations. A sole trader will also be self-employed and will need to register with HMRC. They can Read More