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
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
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
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
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
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
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
Finding the right accountant to work with can make a big difference to how you manage your business finances. We take you through what to consider when making your choice, and how you can work together to do your accounting. Know what you need help… Read more
Your balance sheet report is a useful tool to help you understand your business. Here’s what you need to know about your balance sheet and how to read it. What is a balance sheet report? The balance sheet shows the company’s financial position at a… Read more
Cloud accounting software can help you boost your productivity! Here’s how. Collaboration becomes simple Whether you want to collaborate with your accountant, colleagues or company partners, cloud accounting software makes it easy. When you work… Read more
If you work as a consultant on a self employed basis or run your own business, you need to take care of your accounting. Using software is a simple way to make sure your accounting is correct. There are lots of helpful features to look out for to… Read more
The term equity gets used a lot in accounting. We take you through what it means for your business and how you can measure it. What is equity? Equity tells you which assets proportion of assets aren’t funded by debts and liabilities. This covers all… Read more
Confused about profit and what it means for your business? Find out what you need to know, from why profit is important to how you can measure it. What is profit? Profit is the money you make in your business that is more than expenses, taxes and… Read more
When you run a business you will have certain fixed costs that occur on a regular basis. Find out what they are and how to manage them in this guide. What are fixed costs? Fixed costs are regular, recurring costs which you need to pay to run your… Read more
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