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Accounting

2 min readAccounting

What is an Accounting System?

We explore different accounting systems and why they’re essential for businesses

2 min readAccounting

What are the UK income tax brackets and what do they mean?

Find out which tax bracket you fall into and what you can expect to pay

2 min readAccounting

Advantages & Disadvantages of Retained Profit

Find out your main options when it comes to retained profit in business.

2 min readAccounting

Non-Current Liabilities Definition & Examples

Explore non-current liabilities examples you might see on the balance sheet.

3 min readAccounting

How to Manage Business Petty Cash

Discover how to record petty cash transactions in your business accounts.

3 min readAccounting

How to choose the best KPIs for your client

Are your client’s KPI metric the most efficient? Find out how to choose

2 min readAccounting

UK VAT rate changes for 2021

Keep on top of the latest developments around UK VAT rates

3 min readAccounting

New accounting software

Before you switch to online accounting software, learn what to look for

2 min readAccounting

What Does Tax Deductible Mean

The basics of tax deductions and tax-deductible expenses for businesses.

2 min readAccounting

What Does Capital Mean in Business?

A quick and simple guide to capital in business, what it is and why it matters.

2 min readAccounting

Are Expenses Taxable?

The basics of how to claim tax relief for your job expenses

2 min readAccounting

What is Business Activity?

A quick guide to business activity and how it’s shown in financial statements.

3 min readAccounting

What The X Tax Code Means

What the X tax code and other emergency tax codes mean

2 min readAccounting

Developing a New Accounting Strategy

A clear explanation of why small business accounting helps businesses succeed.

2 min readAccounting

How to Create a Basic Balance Sheet

What can a basic balance sheet tell you about your business?

2 min readAccounting

How to Calculate Balance Sheet Ratios

What do your balance sheet ratios say about your business?

2 min readAccounting

Generally Accepted Accounting Practice (GAAP)

Should your business be using UK GAAP or IFRS standards?

2 min readAccounting

How to create a financial report

Creating your first financial report template step-by-step

2 min readAccounting

The three vital accounting reports for your small business

Accounting reports your business should be making weekly, monthly and annually

2 min readAccounting

Accounting terminology - What does it all mean?

When it comes to accounting there are certain terms it really pays to understand

2 min readAccounting

What is a balance sheet and how should my business use it?

The benefits and limitations of a business balance sheet

2 min readAccounting

FIFO vs LIFO: The Best Inventory Valuation Method

Is your inventory method right for your business?

2 min readAccounting

What Are Payments On Account?

Don’t get caught out by a surprise payment on account

2 min readAccounting

What is Deferred Income & Why Is It Important?

Find out why deferred income is an important in your business accounting.

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