Blog

13 June 2019

5 ways to ruin your business

Running your business is a challenge. There’s a lot to manage, and sometimes it’s easy to miss tasks. But, missing important things to do can later prove fatal to your business. Here are 5 simple things you should stop doing to keep your business… Read more

7 June 2019

What is a bank reconciliation? And how to do one

Bank reconciliations are recommended to make sure all your accounting is correct and that your records match your bank balance. But what is a bank reconciliation, and how do you do one? In this comprehensive guide, you’ll find everything you need to… Read more

3 June 2019

What are the benefits of online accounting software?

If you’re a small business or sole trader looking at how to do their accounting, choosing an online software is a great option. Intuitive online solutions have lots of benefits to save you time, get organised and understand your finances. Plus,… Read more

28 May 2019

How to do a Self Assessment tax return

If you’re self employed or a sole trader, you will probably need to submit your Self Assessment tax return this year. Find out what you need to know about your tax return, from if you should submit one to some tips to make completing one quick and… Read more

23 May 2019

How to organise your business finances with reporting

Having your business finances organised is important when keeping track of payments, making projections and managing your company.Separate your accountsKeeping your business and personal accounts separate will help you track your company expenses… Read more

21 May 2019

Quick guide to invoicing

If you’ve just started working as a sole trader or small business owner, you might have a few questions about how invoicing works. You’ve provided a service to your customer and now you need to get paid. But how do you make an invoice and what do… Read more

16 May 2019

What does it mean? Accounting terms explained

What are debit and credit? What’s the difference between accounts payable and accounts receivable?When it comes to bookkeeping there’s lots of new terminology to learn, and as you get started you might have some questions. From assets to… Read more

14 May 2019

What is a chart of accounts and how does it work in accounting?

Why are there so many different bookkeeping accounts and what are they telling us? How do you keep track of all the different numbers? You can get your answers here. The chart of accounts is actually more structured than you might think! You can get… Read more

8 May 2019

How to manage and improve your cash flow

Managing your cash flow is important to sole traders to be sure you can pay all your expenses. Cash flow is the amount of cash and other assets moving in and out of a business, which affects the liquidity of a business. Liquidity is cash and other… Read more

6 May 2019

Forget accounting with spreadsheets. Try Bokio!

Spreadsheets have become a common way of managing your finances for free. But is it the best way to be managing such important information?When you start your own business, keeping costs low is especially important. Sometimes hiring an accountant… Read more

26 April 2019

Easy accounting tips for freelancers and sole traders

Whether you’ve just registered as a sole trader or are a seasoned professional, managing your finances can often often seem daunting. But, accounting doesn’t have to be difficult! Here are some simple tips to help get your accounting in order so you… Read more

24 April 2019

How to avoid late payments

Not getting paid on time can have a big impact on businesses, disrupting cash flow and affecting your liquidity. From keeping track of payments owed to you to making sure you pay suppliers on time, here's some quick tips to avoid the hassle of late… Read more

11 April 2019

Bokio’s CEO has been featured in Forbes

Bokio is delighted to announce that our CEO, Viktor Stensson, has been named in the Forbes 30 Under 30 Europe 2019: Finance list. The prestigious list is the 4th annual recognition of young disruptors across Europe.Viktor says, “I’m very honoured,… Read more

9 April 2019

Why is Bokio free?

Free accounting software with no catch? You’ve found it right here. Find out why Bokio's software will be free forever with no ‘trial period’, paywall or hidden costs.Bokio's key features —accounting, invoicing and expenses— will always be free to… Read more