by Lisa Dickson | Aug 5, 2020 | Accounting 101
A lesson in Profit First You should not have to wait for your annual accounts to be prepared before you know whether or not you have made a profit. What you need to do is implement the three Pillars of Profit to embed profit into your daily activities....
by Lisa Dickson | Jun 6, 2020 | Accounting 101
As part of changes to the Coronavirus Job Retention Scheme (CJRS), HMRC have outlined some important dates that may impact you in the coming weeks if you have furloughed or plan to furlough staff. Important dates – what you need to know now The scheme will close...
by Lisa Dickson | May 26, 2020 | Accounting 101
Is your business built for profit? Does it generate repeatable, sustainable and generous profit? Profits that you are happy with and allow you to take home the level of pay that you want? Or is it more of a profit dribble? Take the Profit Hacker Quiz: How many of...
by Lisa Dickson | Jan 18, 2017 | Accounting 101, Bookkeeping 101
https://caseron.co.uk/wp-content/uploads/2017/01/Adjusting-for-Overpayments_Xero.mp4 How do you account for an overpayment in Xero? Despite our customers best efforts to pay what is due – you may have a customer who has accidentally overpaid you. It may be that...
by Lisa Dickson | Jul 19, 2016 | Accounting 101, HMRC and tax
Updated in July 2016 This guide looks at claiming capital allowances to minimise your business’ tax bill. All rates and allowances correct at the time of publication. For the purpose of this article, a business may be a limited company, a partnership or a sole...
by Lisa Dickson | May 26, 2016 | Accounting 101, Small Business Accounts
The rules governing accounting standards are undergoing the biggest change in 30 years which impacts the way companies have to report their accounts. Here follows a very high-level guide to the new accounting standards that WILL affect your business. So what is...