What is a pro forma invoice and what should it contain?

Pro forma invoices are often misinterpreted and not used enough as people don’t always understand what they should be used for. A pro forma invoice is an estimated bill so that your client knows what to expect. A pro forma is usually used to approve a payment prior to being invoiced for it. They are mostly used in larger businesses … Read More

What Sage 50 VAT tax code should I use for toll charges?

VAT can be a complex topic and what VAT codes to use in Sage 50 Accounts can be confusing. If you’re not sure what VAT tax code to use in Sage 50 for the toll charge expenses your business incurs, you’re in the right place as we train and support users of Sage 50! Here we explain exactly what VAT … Read More

What do I need to know about changes to the National/Minimum living wage?

Back in November of last year it was announced that as of April 2021 The National Living and National Minimum Wage would be increasing. Not only has the amount risen but the age in which employees become eligible has lowered.  As an employer it’s vital that you know these facts so that you are paying your employees fairly. All employees … Read More

Does my business need to use consultancy services?

Many successful businesses use consultancy services in order to improve their outlook, refresh their knowledge and implement new strategies in order to become more efficient and improve their services or systems. It’s easy to get into a routine and continue to follow the same processes and procedures which are already in place. Maybe it’s the way you have been taught … Read More