It’s month end – are you ready to look at your accounts and see how you performed this month?
First of all, lets check we have posted everything we should to our accounts…
Month End Management Accounts Process
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Step 2. Setting up Your Short Cut to Xero
Frustrating isn’t it when you have to keep typing your email address into Xero when you want to log in!
Well, actually you don’t have to. You can set up this quick and easy browser shortcut to your Xero account.
Bonus: Messy supplier account reconciliations
Sometimes, no matter how hard you try. You just can’t reconcile that supplier account in Xero to the statement that the supplier has sent to you. So what do you do?
This article focuses on the reconciliation of a messy supplier account, as this is a common problem we help our clients to resolve. The same process can be applied to messy customer accounts.
Issue Invoices Promptly & Correctly
Tip 1, in our series of how to improve your business cashflow.
The sooner you issue your invoices, the sooner you can expect payment.
This sounds really obvious, but you may be surprised to learn how many people leave it until the end of the month, or later to raise their invoices…
Overdrawn directors loan account?
So despite your best efforts to stay on top of your directors loan account – you find yourself overdrawn at year end.
Does it matter? Unfortunately yes, but why? And what might it cost you?
Does the 50% VAT restriction on a car lease affect you?
Could a car lease be costing you more that you think?
If you are VAT registered then YES, quite possibly.
Travel and subsistence: a changing framework
The system of employee benefits and taxes for those who travel for the purposes of work is undergoing change. It’s the end of dispensations for employers and the end of lucrative travel and subsistence claims for freelancers.
HMRC Digital Tax Accounts
HMRC has launched a digital accounts system for businesses and individual taxpayers. How will this impact you?
An introduction to Corporation Tax – 2017
An introduction to the basics of Corporation Tax: 2016
6 Perfect Project Management Tools
A project management tool is absolutely key to keeping organised and on top of all your work and keeping track of it al in one place, with this it can speed up how tasks are done, the tools themselves can be a godsend for employers as it allows you to keep track of your companies work, and keep on top of what work employees are completing, and not completing