Reporting and management information!
What information do you get regularly from your accounting software? How automated is this reporting? How many reports are created […]
Automation
Are you STILL issuing manual invoices?
Sales invoicing is another area of accounting that is labour-intensive and prone to errors when creating them manually. There may
Do you accept credit cards as a method of payment?
Whilst there is a “cost” to accepting credit cards, do you know how much business you might be losing out
Do you have a clear view of your business position on a regular basis
The accounts are all on the computer and, you think, the records are well maintained, and the bank feeds work
National Minimum Wage – make sure you are not falling foul of the rules
Around 63,000 people were out of pocket to the tune of £5 million in the latest announcement by the government
Tax avoidance schemes – too good to be true and costly when it goes wrong!
There have been over the years all sorts of “schemes” dreamed up designed to significantly reduce tax bills. However, HMRC
Tax returns – please file early – do not leave till the last minute!
There are many reasons to file tax returns as soon as practicable, and filing early does not mean having to
Accounting – don’t be tied to the desktop – use the mobile apps
You don’t have to be at a desk using a PC to run your accounts. Whilst cloud-based products can be
Automated Accounts review
Especially for those that use Xero or QuickBooks! If you use Xero or QuickBooks for accounting purposes, there are various
Automating processes in accounting
The more manual the process, the greater the likelihood is of error. Whether this is missing items out, transposing numbers,