Accounting can feel confusing, especially with so many accounting softwares out there overwhelming you with functionality and pricing options. In this guide I’ll explain all about accounting, show you what you need to do and which systems will help you. Read on for some peace of mind!
Check how your business is performing and get the numbers you need for tax-time by preparing an income and expenditure statement. Here you can see what one looks like and read some advice of what you need to look out for when you add your numbers and the impact on your taxes.
Paperwork urgh! But if you have been burying your head in the sand when it comes to your paperwork, then it may be time to pull your head out. There are legal requirements set out by HMRC detailing what business records you need to keep and for how long.
Are you ready to start understanding what’s going on under the bonnet of your business? Tracking your business income is more than just adding up numbers for your tax return, it can give you helpful insights into where you are making money so you can, well, make more! Here’s how to get started with your tracking and some of the common mistakes you need to avoid.
An introduction to accounting to give you enough knowledge to take control of your business money.
Use this Limited Company invoice template and set up guide to create on brand invoices that you can send to your customers and clients.
A credit note does the opposite of an invoice – it reduces the amount a customer or client owes you. Use this self-employed credit note template and set up guide to create on brand credit notes that you can send to your customers and clients.
Even though sales invoices can take different formats, there is certain info that you are legally required to include every time you bill your clients. Use the information in this guide to check you are including everything you should.
Use this self employed invoice template and set up guide to create on brand invoices that you can send to your customers and clients.
A tax point is a date used for VAT purposes to determine the date that VAT must be charged and which VAT quarter it gets included in. Here are the most common scenarios and the tax point to use.