Accounting

28 May 2020

What are trade debtors?

What is a trade debtor? Trade debtors are customers who are yet to pay you for the goods or services you have provided. So, on your balance sheet, the amount for trade debtors is the total money your customers or other third parties owe you, such as… Read more

30 January 2020

How accounting works - Bokio beginner's guide

Are you new to accounting? Then this guide is for you! Here we’ll go through the basics that are great to know, whether you are doing your own accounting or letting someone else do it for you. 1. Who needs to do accounting and why? Anyone who runs a… Read more

25 October 2019

What is cash flow and why is it important?

You’ve probably heard the term ‘cash flow’ mentioned when it comes to managing your finances, but what does it mean, and why is it so important for your small business? What is cash flow? Cash flow is the money moving in and out of a business. Cash… Read more

28 June 2019

Important accounting tasks for your small business

When you’re a small business owner you have a lot to do, but it’s important not to let accounting tasks slip or go unfinished. Keeping your finances up to date will let you know how your business is doing and will let you plan for long term success.… Read more

26 June 2019

How to write a business plan and small business budget

So you want to write a business plan and create a budget for your business, but where do you begin? From what to research, what your plan should include, and how to manage your finances, we’ll take you through it all step by step. Start with… 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

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