If you run a small business you probably feel you could do with a ‘virtual’ office; background support that makes it look like you have a team answering calls, dealing with enquiries, maintaining files, producing letters, quotes and invoices, keeping paperwork up to date and basically allowing you to portray the impression of a professionally run company even when Read the rest of this entry »
From the early days of clay tokens to the invention of the abacus, accounting is as old as civilization. It wasn’t until the commercial revolution at the end of the dark ages that double-entry bookkeeping came into existence. (It began in the Venice/Florence area in Italy.) A hundred years later, Luca Pacioli, a Franciscan monk, wrote a math book that suggested merchants Read the rest of this entry »
Double entry bookkeeping stretches back centuries perhaps even as early as the 12th century and is now accepted worldwide as the accounting standard to be employed by all companies in recording the financial accounting records. The first written explanation of the accounting system was reportedly by a Venetian mathematician Luca Pacioli towards the end of the 15th century. Read the rest of this entry »
As a small business owner, you will always have plenty on your plate and very little time to spare. Nevertheless, there are some things that you must get right. Here are 6 of the most common mistakes that business owners make and how you can one of the few that avoid them.
Accounting for small business mistake #1: not getting the right accountant for your requirements. Read the rest of this entry »
Businesspersons have to regularly travel for various purposes. They require maintaining records of everything from expenses to business details in place while on trip. Therefore, it is good to have a recordkeeping system with you on a business trip.
Companies often remunerate the money that you spent on your business trip, but they will need the proof of expenditure Read the rest of this entry »
Ok so you’re either thinking about starting your own business or have already got it up and running and have managed for a while to get by managing your own books by yourself and are now finding all too much to keep on top of the paperwork.
It is an all too familiar position; most people have found that they keep telling themselves that they do it tomorrow or later Read the rest of this entry »
If you have made the wise decision to outsource your bookkeeping requirements to a professional the next stage is to find one that will offer you the very best service and value for money. So what are the most important things to look for in a bookkeeper? Here we outline some of the factors that should appear at the top of your wish list.
Testimonials
Many bookkeeping Read the rest of this entry »
If you are setting up in business then you should make sure you get organised from day one as far as bookkeeping goes so as to avoid any future issues with HM Revenue and Customs (HMRC).
Good bookkeeping will also allow you to plan ahead financially by showing you where the majority of your income and expenditure lies so that you can capitalise on profitable sales Read the rest of this entry »
Advantages Of Learning Basic Bookkeeping Courses
2010 provides an opportunity for everyone to start clean and start fresh both in our careers and our business. With the proper determination and perseverance anyone could learn new courses online right at the comfort of their homes. Most of these courses can be learned on flexible schedule as well hence, there Read the rest of this entry »
Outsourcing various kinds of services including bookkeeping tasks is now the strategy of most of the businesses operating in different fields. As a result there is the spawning up of plenty of outsourcing companies; one can see that they have been making themselves available or making their presence felt in the market. Earlier, it used to be just a few home based Read the rest of this entry »
