Blog

18 November 2021

What is a general ledger?

When you’re doing your accounting there are lots of reports you can use to understand your finances. Find out all about the general ledger and how it helps you do your accounting. What is a general ledger? The ledger contains business transactions… Read more

10 November 2021

Accounting tips for online influencers

Accounting doesn’t have to be difficult! We show you how to keep it simple so you can get back to creating what you love. Use accounting software Accounting software is a simple way to make sure you manage your finances the right way and stay… Read more

3 November 2021

What is a directors loan?

Did you know that you can take money out of your business as a limited company owner? What is a director’s loan? A director’s loan is money taken from the company that isn’t classed as salary, dividends or another type of expense. As any money made… Read more

1 November 2021

Self Assessment checklist – make sure you're prepared

Submitting your Self Assessment tax return doesn’t have to be stressful! Here’s a helpful checklist to make sure you’re ready to submit yours before the deadline. What’s the Self Assessment tax return deadline? If you didn’t send an online tax… Read more

26 October 2021

Accounting for shop owners

When you run a shop you have a lot to think about, so you need to make doing your accounts simple. We take you through what you need to know to get started. Record your daily takings The first step towards doing your accounting is recording your… Read more

22 October 2021

What you need to know about year end accounts

Want to know more about year end accounts for limited companies? We take you through what you need to know. What are year end accounts? Year end accounts are also known as annual accounts or statutory accounts. They are a summary of your business… Read more

20 October 2021

Accounting tips for freelance creatives

If you’re starting work as a freelance creative but aren’t sure about doing your accounting then you’re in the right place. Find out what you need to know, from registering with HMRC to day-to-day accounting tasks. Make sure you’re registered with… Read more

13 October 2021

How to change from a sole trader to limited company

If you’re thinking about making the change from being a sole trader to a limited company, here’s what you need to know. Difference between sole trader and limited company A sole trader is a person who runs their own business, and can keep the… Read more

12 October 2021

How to keep self-employed accounts

If you’re unsure about which accounts you need to keep as a self-employed person, don’t worry. We explain which records you need and how to keep them. What accounting records do I need to keep? When you’re self-employed, you’re required to keep… Read more

6 October 2021

How to run a small business blog

A blog can be a great addition to your business website. We take you through why you should start one and how to do it. Why have a blog on your website? Your website will help your business be discovered. But, adding a blog to your website can… Read more

4 October 2021

How to use bank feeds for the first time

If you have a lot of transactions to record it can be difficult to keep track of them. Accounting software with bank feeds is a great solution. What are bank feeds? Bank feeds connect your bank account safely to an accounting software, and… Read more

29 September 2021

Making Tax Digital for Income Tax is coming in 2024

The government has recently announced that Making Tax Digital for Income Tax will come into force in 2024, a year later than the original deadline. We take you through what Making Tax Digital for Income Tax is, how it will affect your business and… Read more

27 September 2021

Accounting for landlords

When you’re a landlord and rent out one or more properties, you need to tell HMRC about your income. The best way of keeping track of your income and expenses for your tax return is by doing your accounting regularly. We take you through what you… Read more

21 September 2021

Meet the Makers: The Lost Receipts

You've previously met our brilliant support team leader Johanna. Now meet The Lost Receipts, the Bokio band who make music, design and code with creativity. Transcript Alen: My dad always says that there’s no artist with a single talent, and I… Read more