Accounting

Article: Accounts Filing to be Scrapped for Small Companies

Accounts Filing to be Scrapped for Small Companies Small Business News 3rd June 2011 Small limited companies will no longer be obliged to file annual accounts with Companies House, following an agreement in the European Parliament to simplify...

Article: Choosing Accounting Software

Choosing Accounting Software Choose the right accounting software package and you will save time and money, make fewer mistakes, and obtain useful management information. Accounting software is designed so people who are not accountants find it easy...

Article: Choosing an Accountant

Choosing an Accountant A good accountant will save you and your business money, but it's essential to choose the right one for your particular business. Use the following checklist to find the right person. 1) Ask friends or colleagues...

Article: Choosing and Using an Accountant

Choosing and Using an Accountant Unless you happen to be an expert on accounting, tax and finance, you need an accountant. An accountant should always be able to save a start-up business more in time and money than the cost of accountancy fees. If you...

Article: Filing and Records Management

Filing and Records Management Filing and records management is a vital - if uninspiring - part of any business. Information is a major element in many companies' competitive advantage, but it can only be utilised if it is available when needed. At the...

Article: iXBRL Accounts Filing Questioned by Experts

iXBRL Accounts Filing Questioned by Experts Small Business News 4th February 2011 Six accountancy bodies have written to David Gauke MP, Exchequer Secretary to the Treasury, to express their concern about the forthcoming mandatory requirement that...

Article: KashFlow Users Get Email Marketing Boost

KashFlow Users Get Email Marketing Boost Small Business News 1st June 2011 Now that email marketing provider, Message Horizon has teamed up with the accounting software company, KashFlow, its users can access their financial data and use it to...

Article: New QuickBooks Simplifies VAT Returns

New QuickBooks Simplifies VAT Returns Small Business News 19th May 2010 Intuit UK has today launched the latest version of its QuickBooks software. The new product is designed to make small business bookkeeping quick and easy, helping small...

Article: Online Accounting – The Nuts and Bolts...

Online Accounting – The Nuts and Bolts. . . . . . that every small business should know Accounting software has been around for a couple of decades, but a combination of factors has led to something of a revolution in this area. More and more...

Article: PAYE Burden Makes Small Business Owners Hesitant to Hire

PAYE Burden Makes Small Business Owners Hesitant to Hire Small Business News 23rd May 2011 According to an Intuit poll of small business owners, two thirds (69%) say the burden of PAYE puts them off hiring employees. The admission came as the...

Article: Preparing for Your Annual Accounts

Preparing for Your Annual Accounts This briefing is aimed at smaller limited companies. Companies with an annual turnover of less than £6.5 million and total assets (fixed and current) under £3.26 million generally do not require an audit...

Article: Simple Book-keeping

Simple Book-keeping Good book-keeping makes your paperwork - such as VAT and tax returns - easier. It provides a system that tells you - and your accountant - exactly what is going on. Whether you use a manual or computer-based system, the same...

Article: Small Business Accounting - Get Your Cash in on Time

Small Business Accounting - Get Your Cash in on Time On time - to keep the cash flowing through the business We all know that cash is the lifeblood of the business. A reservoir of cash is made up of positive bank account balances, physical cash plus...

Article: Understanding your Profit and Loss Account and Balance Sheet

Understanding your Profit and Loss Account and Balance Sheet To steer your company in the financial direction you want it to take, you need to understand where you’re making money and where you’re spending it. This is why you should...

Article: Using Accounting Software

Using Accounting Software Good accounting software puts you in control of your business. You can automate regular tasks, including keeping records and completing statutory returns. Once the data is recorded, you can generate reports that will enable...