How to avoid common bookkeeping mistakes

Solid bookkeeping is essential in every business. Not only is it important for compliance purposes, but it lets you see exactly how much cash you have coming in and out of your business. It means you can make strategic decisions based on accurate assessments of your...

How reliable is my Xero bank feed?

As a small business owner, Xero is your financial hub. The cloud-based accounting software offers control and clarity over your numbers, helping you manage your cash flow, identify opportunities and forecast what’s on the horizon. Xero is a brilliantly intuitive tool...

What are the best practices when uploading information to Dext?

Dext has been a game-changer for small business owners. In the past, entrepreneurs had to manually type out every line of data from bills and purchasing invoices to input that information into their accounting system. Dext automates the whole process. While modern...

Getting value for money from your accountant?

Over the past few months we’ve had lots of new enquiries from business owners who aren’t happy with their current accountant. Mostly they’re frustrated, because they expect much more than the service they’re getting – but as with most things in life,...

New VAT rules for building trade in 2019

Under new rules due to come in on 1 October 2019 builders, sub-contractors and other trades associated with the construction industry will have to start using a new method of accounting for VAT. The measure is designed to combat VAT fraud in the construction sector...