Number 1: Trim down your suppliers in contacts Back in the day, Xero was notorious for setting up duplicate contacts unless you went out of your way not to (or you had impeccable spelling and a photographic memory) So it's not uncommon to find suppliers for Sainsbury, Sainsburys, Sainsbury's, you get the picture. When you set up Receipt Bank to Xero integration for the first time, Receipt Bank will very helpfully import all...
Harriet from Float kindly agreed to write a quick guest blog on forecasting cash, and why it's important to monitor. It's often overlooked ahead of sales or profit, but cash really is King when it comes to business success, as it's the token needed to exchange services or goods with. Please get in touch if you're worried about not knowing your cash position and we'll go through Float with you!...
Having lots of paperwork around me is a nightmare! I dislike having letters, notices and other such bits taking up space around my workstation, my home, my dining table, my oven top...
Using pension contributions as a means of accessing profits from a company has always been a worthwhile avenue for many business owners. Even more so today! So why is this something that has not been utilised by so many? There are a number of valid historic reasons for this, but fundamentally many of these are no longer relevant. So definitely worth re-visiting even if you have done so in the past! A...
Over 15,000 companies claim over £1.4bn in credits each year in the UK. Successful claims have been made across a wide range of business sectors including aerospace, electronics and construction. The Government have been concerned for a while now about how aware business owners are of this type of tax relief, do they understand the application/claims process and how, on a day to day basis, does the administration of the scheme...
A question many of us will have either asked ourselves or indeed have been asked for an opinion on over recent years. The numerous property programmes on television who can seemingly purchase, renovate and sell three properties for a healthy profit within 60 minutes, coupled with the media scaremongering of the economic world, does suggest bricks and mortar would be a sensible place to look to make a healthy return....
Historically payroll has always been something that is completed separate from your accounts, ready to be entered in manually at some point (or left to your accountant to enter at the year end) and holiday calculations have always been a bit of a nightmare. But Xero have come up a with a new solution that is built into their existing online accounting software. If you are already using Xero (and if...
When considering how best to structure some valuable insights into 'Auto-enrolment', or 'Work Place Pensions' as it can also be referred to, the most appropriate option seemed to be to actually discuss why it has come to be in the first place then simply explain how to ensure you have 'done your bit'. So to start at the beginning,. In August 2014 Moneywise released some statistics which highlighted that almost 12...