Starting a New Business

3 Aug 2021 | Business Start Up Guide, Publication

How new businesses can grow and flourish.

Managing Business Budgets and Finances

9 Apr 2019 | Business Start Up Guide, Financial Mentoring Guide, Publication

Introducing the discipline that finance management brings means a business is much better placed to organise and plan its development. Most financial management is relatively simple to implement, and the advantages of doing so far outweigh the time and resources...

Essential Record Keeping

9 Apr 2019 | Bookkeeping Guide, Business Start Up Guide, Publication

Whether you are keeping your records manually, use software or are using one of the various cloud-driven accounting systems we will need access to you accounting records to enable us to complete the work on the preparation of your financial statements. Bear in mind...

Balancing your Sales (Debtors) Control Account

8 Apr 2019 | Bookkeeping Guide, Business Start Up Guide, Publication

In a sales control account, the total of outstanding invoices at the beginning of the period and invoices raised during the period, less payments received for invoiced income, will give a balancing figure of invoices still outstanding at the end of the period –...

Balancing your Purchase (Creditors) Ledger

8 Apr 2019 | Bookkeeping Guide, Business Start Up Guide, Publication

In a purchase ledger control account, the total outstanding invoices at the beginning of a period and invoices received during that period, less payments made for invoiced supplies, will give a balancing figure of invoices still outstanding at the end of the period...

Balancing your Bank Account

8 Apr 2019 | Bookkeeping Guide, Business Start Up Guide, Publication

When you enter records of money paid into and out of your bank account into the cash book, there is a delay of at least a couple of days until these transactions are cleared through the banking system and appear on your bank statement. Therefore, the bank balance...