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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...
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 purposes - revenue...
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...
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 something, that...
Why should you use LinkedIn? It's simple really; LinkedIn is a social media platform created by professionals for professionals. It enables you to show off your skills, your work history, and any experiences you may have had through volunteering, or through life....
Use your profile as self-promotion tool Use a professional and appropriate profile image and remember to keep all information relevant and up to date. This is essential, If not the most important thing on this list! Imagine connecting with someone you see as a...
Google+, although it may be a newcomer to the social media world, has really taken off as a service. However, it does already have its fair share of taboo's or what not to do's, so today, we're going to have a look at 7 of these: Forgetting to Mention people - When...
This guide looks at how financial planning can help you realise your goals for you and your family Consistent financial planning is essential to growing your wealth and building your financial security. A plan that is on course to meet your expectations in later life...
Everything you should know about paying dividends Dividends are payments made by a company to the shareholders if it has made enough profit. For the very small owner/manager business, dividends will form the bulk of their income and so must be managed carefully. The...
If you employ anyone under 21 years old you will no longer have to pay Class 1 secondary National Insurance contributions on earnings up to the new Upper Secondary Threshold (UST) for those employees. The employee will still continue to pay employee NICs. This change...