Why Is Stock Control Important

Why Is Stock Control Important?

We’re guessing you’re here because your business handles stock, or you’re considering starting up a new business that sells goods. Are we right? Whether you’re in eCommerce or bricks and mortar stores, getting stock control right is a fine balancing act. Under stock, and you risk losing customers; overstock and you could be eating into…

When Should I Bill Clients for Work

When Should I Bill Clients for Work?

Billing clients for the work that you do sounds simple enough, but the reality can sometimes be a bit tricky. You might charge an hourly rate, a monthly fee, or a set amount per project. Then there’s the question of when to actually invoice the client. Before getting started? Should you request a deposit first?…

A Beginners Guide to Bookkeeping with Bank Feeds

A Beginners Guide to Bookkeeping with Bank Feeds

Bank feeds bring enormous efficiency benefits to the businesses which incorporate them into their bookkeeping. Saving both time and resources by removing the need to manually enter bank transactions, bank feeds simplify accounting and reduce the amount of errors that occur. But how does a business begin using bank feeds to help with bookkeeping? We…

Is it Easy to Submit A VAT Return Using MTD Software

Is it Easy to Submit A VAT Return Using MTD Software?

With the government in the process of Making Tax Digital, businesses are moving towards keeping finance records digitally. After several delays, the MTD for VAT scheme comes into full force from 1st April 2022. Previously the rules only applied to VAT registered businesses with a taxable turnover over the registration threshold. Under MTD, they are…