by Lisa Dickson | Apr 7, 2015 | Bookkeeping 101, Payroll
If you have staff or pay yourself a director’s salary it is important to use a payroll software which is HMRC compliant. Your payroll will show a Gross payment to each staff member and will deduct tax and national insurance to give a Net figure. The following...
by Lisa Dickson | Apr 6, 2015 | Bookkeeping 101, Small Business Accounts
Understanding and accounting for trade contras In a situation where one of your customers is also one of your suppliers you will end up with both bills and invoices to and from each other. When this happens you may choose to pay the difference between the two sets of...
by Lisa Dickson | Apr 6, 2015 | Bookkeeping 101, Small Business Accounts
What are Intercompany Recharges? If you incur costs on behalf of another company – you may wish to recharge them. This may be an external company – a client or associate for example, or it may be a company within your group. For financial reporting...
by Lisa Dickson | Apr 6, 2015 | Bookkeeping 101, Small Business Accounts
How do we account for utility bills in our business accounts? A common error we see in small business accounts is in the posting of payments on account with the utilities company. Say you pay monthly direct debits on account towards your utility bills, the transaction...
by Lisa Dickson | Apr 5, 2015 | Uncategorized
What is ‘Effective copy writing’ well, effective copy writing is how you wow and show your customers that you are the brand to choose and use instead of your competitors, All your competitors will claim to be different to each other, but do you know...