Bookkeeping Blog for Business

Xero becoming popular accounting software

Xero is becoming a popular accounting software around the world. They have just announced their growth figures and have reported 43% growth. The UK market has seen an additional 79,000 users during the last year, with a total of 212,000 now using it. Worldwide there saw an additional 318,000 subscribers. Why is Xero so Popular Xero is an easy to use cloud accounting software package and…

Making Tax Digital for Business

Making tax digital for business will start affecting the smaller businesses which are not registered for VAT. It is expected to commence in April 2019. It is still unclear from HMRC if it will include all small businesses or if very small ones will be excluded. Small companies will have to submit their accounts online to HMRC quarterly, which is in line if you are VAT…

Online Banking Making Business Accounting Easier

Online banking making business accounting easier. With so many people now choosing to bank online and being able to see their banks statements each day, this can make business accounting much easier. When running your own business you get caught up in the day to day running of your business, trying to sell your products and services. The one thing that can get put on one…

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Self Assessment Deadline for 2014

If you are self-employed the self assessment deadline for 2014 is fast approaching. If you run your own business, it can be very difficult finding the time to complete your accounts on time and filing the documentation to HMRC. For the year ending 5th April 2013, the deadline date is 31st January 2014. Even if you have filed your return don’t forget to make the payment…

Accounts Portal Software Review

I am always asked by people what is the best accounts package to use? The answer can vary from one customer to another depending on their requirements. The Accounts Portal software review is based on requirements from one of my customers and trying to find different software suitable for them. The customer requirements were that the software could handle the following: VAT flat rate scheme on…

Bookkeeping Basics Tips for Business

Here are some simple bookkeeping basics tips for your business. Putting some simple procedures in place can assist your business rather than complete all your accounts at the last minute. Our Bookkeeping Basics Tips Complete all your bookkeeping regularly. This may mean putting an hour or two aside each week to update your records. Doing this will give you up to date reports, which can be…