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Bookkeeping

Bookkeeping tips and advice from accountants

Bookkeeping Tips for the Self Employed

Bookkeeping is an essential part of being self employed. It's not just a legal requirement but it will also give you an accurate picture...

Tips to Help you Keep Your Accounting Records Organised

Let’s be honest keeping your accounting records in order is boring! And trust us, you are not alone if you only get your accounting...

WAIT! Here’s 4 Reasons Not To Hire a Bookkeeper

One of the toughest parts of running a your own business is resourcing and understanding exactly which type of person you need for the...

Accounting Basics for Entrepreneurs

When you start a new business you face a steep learning curve and it can feeling overwhelming. Accounting may be one of the topics...

Bookkeeping Entries for an Accrual

Here are the bookkeeping entries you need to make in order to correctly include an accrual and then reverse it, using two examples of...

6 Ways Hiring a Bookkeeper Could Boost Your Profits

Hiring a bookkeeper can feel like an expensive decision as well as additional overhead you may not want to commit to.  But hiring a...

What is Bookkeeping?

Bookkeeping refers to the processing & recording of day to day financial transactions of a business.  These financial transactions are taken from information such...

Accounting Entries for Invoice Discounting

When a business enters into an invoice discounting arrangement there are several accounting entries to make in the Company Books to reflect not just...

What is a Bank Reconciliation?

Up to date bookkeeping can add a tremendous amount of value to your small business.  At any point in time you can gauge your...

Do I Need a Business Account?

HMRC advice is that it is preferred for you to open up a business bank account if you are a sole trader, although this...

Freeagent UK Review 2018: Cloud Accounting Software 30 Days Free +...

The Simplest bookkeeping system designed just for freelancers and the self employed. Bank feeds, automation, snap receipts, time tracking, invoicing and much more. Find out more about Freeagent and how I use it in my business to automate my bookkeeping and tracking.