How Do You Read a Profit and Loss Account?

Profit Or Loss Keys Showing Returns For Internet Business

Along with the balance sheet, your Profit and Loss account (sometimes known as an Income and Expenditure account) is one of the key elements that your accounting software (or your Read more…

Accounting on the Desk or in the Cloud?

Negative Zahlen im Fokus

We’ve been working with accounting software for twenty years. In 2008 we switched from desktop-based software – the kind you install on your computer – to software located “in the Read more…

The Seven Bad Habits of Bookkeeping – Part 2

UK Tax Return

The Seven Bad Habits of Bookkeeping In our previous article we wrote about the first four bad habits of bookkeeping – the mistakes that every business owner must avoid if Read more…

Seven Bookkeeping Mistakes – Part 1

bookkeeping mistakes

The Seven Bad Habits of Bookkeeping As accountants and bookkeepers, we often receive calls from clients who have got themselves “in a bit of a mess”. It could be missing Read more…

What should I look for in an accountant?

Word Cloud "Accounting"

What Should I Look For in an Accountant? Whether you’re starting your first business and need advice, or you feel it’s time for a change, what should you look for Read more…

Should you be a Sole Trader or a Limited Company?

So you’re thinking about starting a business, or you’ve just started one, but how should you structure it? The two common choices are Sole Trader or Limited company. This article Read more…

As a Business I Must … Think About the Numbers

One of the questions we are asked most frequently by young and start up businesses is “What do I need to do?” Now we assume that these people are not Read more…