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What are the Steps in the Accounting Process?

what are the steps in the accounting process

The accounting process (or accounting cycle as it is also known) is the series of steps bookkeepers and accountants take to gather, summarise and present the financial information of a business. How Many Steps are there in the Accounting Process? There are 6 steps in the accounting cycle that starts with gathering financial information, followed …

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5 Ways to Organise Your Small Business Finances

how to organise your small business finances

Does the thought of your small business finances make you anxious? Are you fed up of finding yourself in tax-hell because you’ve ignored your accounting for another year? Or is bookkeeping the thing you dread most in your weekly schedule? The let’s do something about it. In this guide I share 5 really useful tips to help you organise your business finances, that best of all, are really EASY to implement right now.

How To Track Your Business Income

business income explained

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.

What is a Credit Note?

what is a credit note

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.