cloud accounting explained

Benefits of cloud-based bookkeeping for small businesses

In the early stages of owning a small business, many people find that they also have to be the bookkeeper. This means that you spend less time in other areas, and doing what you love. Your bookkeeping methods play a huge role in determining whether the process is efficient and fun or tedious and time…

Bookkeeping mistakes to avoid!

During the first year of operation accurate financial management is crucial to the success of your business. When running a business and faced with multiple daily tasks, bookkeeping often gets pushed to one side, resulting in a pile up of papers and bills needing to be paid. However, by avoiding some key mistakes, your business…

Are your business records accurate?

In business it has always been vital to maintain accurate business records. Accuracy is crucial in avoiding penalties by HM Revenue and Customs. You may be charged if you fail to keep records for the required amount of time, or if the record are inadequate. These charges also apply when submitting self-assessment tax returns. Follow…