Transferring_to_Pandle from Xero

Transferring to Pandle – A Low-Cost Alternative to Xero Bookkeeping Software in the UK

We’re not the only fintech company on the block, but at Pandle we’re proud of our reputation for providing powerful bookkeeping software which is easy to use. Because we do this at such an affordable price, we often hear from users who are looking for a cheaper alternative to other accounts software, such as Xero….

How do I account for a directors loan?

How Do I Account for A Director’s Loan?

As the director of a limited company you can use a director’s loan to borrow money from (or lend money to) the business. We explain what a director’s loan is, how it works, and how to account for this in your company’s bookkeeping. What are director’s loans? A director’s loan is when you, as a…

month end

Automate Your PayPal Accounting

You can now have your morning coffee waiting for you the second you roll out of bed. You can set your heating to come on as soon as your humble abode becomes anything less than toasty. Thank goodness for automation, right? It’s also a blessing when it comes to running a business and managing your…

Can_I_Have_a_Business_Bank_Account_in_a_Different_Country

Can I Have a Business Bank Account in a Different Country?

Despite the connotations of money laundering and tax evasion, there are actually legitimate reasons to have an offshore bank account. For instance, if your business frequently works in different countries, transferring money or operating in multiple currencies. In most cases they’re also straightforward to set up, and work in a similar way to standard accounts….

Are Inventory and Stock the Same Thing?

The short answer to this question is: no, inventory and stock are not the same thing. Though many people use the two words interchangeably, they actually have different meanings. We’re not just being picky over semantics here either. Understanding them correctly will help you manage your business more efficiently – and that’s crucial in a…