As a business owner are you sometimes guilty of not showing the finance function of your business the attention it deserves? We have a great analogy on this!… Most people treat accountants like they do their car tyres. It is bewildering when people scrimp on tyres for their car. Let […]
Tag Archives: Accounting
09
Apr
Apr
Never has cash flow been more important in a business. Cash flow is the heart of a business, not just profit. If you haven’t got cash it can be a difficult and stressful time. Profit is important too especially if you need to raise finance. Here are some interesting statistics: […]
26
Sep
Sep
Are you aware of the temporary increase in the tax allowance available on your plant and machinery expenditure? With effect from 1 January 2019, the Annual Investment Allowance (AIA) has been increased from £200,000 pa to £1,000,000 pa for a two-year period only. However, if your accounting period extends beyond […]
15
Jul
Jul
A dividend is a payment from a limited company to the shareholders. There are some rules about when and how much the company can pay. Rule 1 – There must be sufficient reserves available to distribute. Put simply, the company has more assets than liabilities. If you have accounting software, […]
15
Jan
Jan
Xero as a standalone accounting package gives you good information. There aren’t as many reports as what other packages give you but the ones you get, are just you what you need. The dashboard presentation means some of the reporting like bank recs, debtors, creditors and cashflow are visible every […]
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