Blog

9 September 2020

What is freelancing? How to be a freelancer

Becoming a freelancer is a great way to make your passion your job. From how to get started to what you need to consider, find out what you need to know. What is a freelancer? Being a freelancer is when you work for yourself, either as a full time… Read more

2 September 2020

How to hire your first employee

If you decide you need employees to run your business there are several steps you need to follow to make sure you are a legal employer. Write a job description The first thing you need to do when you start your search for your first employee is to… Read more

31 August 2020

What is liquidity and why is it important?

Liquidity is a common term used when discussing how healthy your business finances are. But what is liquidity, why is it so important for your business, and how will your cash flow affect it? What does liquidity mean? Liquidity is how much you could… Read more

28 August 2020

Tips for bookkeeping transactions

Doing your bookkeeping means recording transactions, which can become time consuming when you’re busy running your business. But, there are lots of ways you can make doing your bookkeeping quick and easy. Never miss a transaction with bank feeds If… Read more

28 August 2020

Bokio partners with Twine! Freelance finances made simple

We’re happy to announce that Bokio is partnering with Twine, the freelance hiring platform, to help freelancers take control of their finances. What is Bokio? Bokio is the accounting software that has everything you need to manage your freelance… Read more

26 August 2020

How to budget and forecast

Budgeting and forecasting are important tools to guide your business finances. But what’s the difference, and how do you get started? What’s the difference between budgeting and forecasting? Budgeting and forecasting often are used together, but… Read more

24 August 2020

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

21 August 2020

Benefits of cloud accounting if you're in the trades

When you’re on the go working you need a flexible solution to doing your accounting. Cloud accounting software has lots of great features that make it the perfect option when you work in the trades. Work from anywhere The biggest advantage of cloud… Read more

19 August 2020

Best bookkeeping, accounting and MTD software features

When you’re looking for a new bookkeeping, accounting or MTD software there are lots of great features you should look out for to help you make your decision. What bookkeeping means for your business Bookkeeping is the process of recording business… Read more

18 August 2020

Meet the Makers: Johanna

You've previously met Anna, our product product specialist who met Bokio's CEO in the tracks. Now meet our brilliant support team leader Johanna who enjoys balancing working at Bokio with training her very good dog Ozzy! Transcript Bokio is very… Read more

17 August 2020

What are opening balances?

Opening balances are the amount of money in an account. It is usually brought forward from an accounting period. This could be from the start of an accounting period, the end of the previous accounting period, or when you start a new company. How do… Read more

12 August 2020

The best MTD software features

When you’re choosing a software to comply with Making Tax Digital, there are some key features you should look out for. Your software must be MTD compatible The most important thing you need to be aware of when choosing your MTD software is that it… Read more

3 August 2020

Best bookkeeping software features for small businesses

When you’re choosing your bookkeeping software, you need to know which features can help you manage your finances. Here’s a quick guide to which features you should look for, what they do, and how they can benefit your business. Bank feeds Bank… Read more

3 August 2020

Was your organisation prepared for remote working?

During these difficult times, many businesses have moved to remote working with little chance to prepare. Thankfully, there’s technology already available, like online tools and accounting software, which can make it easier to keep things running… Read more

24 July 2020

Why it's important to choose the right MTD software for your business

Making Tax Digital can seem like a big change for small businesses. But, choosing the right MTD software can make all the difference! Here’s a quick guide to why you need the right software. What is Making Tax Digital? Making Tax Digital (MTD) is… Read more