A Guide to Switching Accountants in the UK
Many small businesses choose to switch accountants for a variety of reasons. Perhaps the current accountant is not providing the needed level of service, or…
Business Accounting
Business Accounting is at the heart of all businesses. Businesses produce accounting reports for either self-employed or Limited companies.
What is revenue in Accounting?
Revenue is the lifeblood of any business. It’s what keeps the lights on and the wheels turning. In short, revenue is a company’s income generated…
A Guide to Bank Accounting Basics for Small Business
Anyone who runs a small business knows that bank accounting basics are essential for keeping track of income and expenses. Bank accounting is the process…
21 Questions to Ask an Accountant
When hiring a professional accountant, there are a few questions a small business owner should ask them to make sure they are the right fit…
What is an Income Statement?
Income Statement Definition, Explanation, Example and Template An income statement is a financial document summarising income and expenses over a certain period. It’s often referred…
What are Drawings in Accounting?
So, you have set up your self-employed or partnership, run it successfully for a while and now want to start taking some money out of…
10 Reasons Why It Makes Sense to Use Accounting Software
When you first started your business, were you using a spreadsheet or handwritten books, or perhaps you still do? Well, we are going to convince…
Why Accounting is Important for Every Business
The question “Why accounting is important?” is one of the most asked questions. With business activity increasing each year, the need to understand accounting reports…
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 bank statements each day,…