Why award nominations are good for business and self belief

Being nominated for an award can take your business to the next level. The nomination alone will get you recognised as the best in your field and will open new doors for you. It will get people talking about you and generate new leads. Generate new leads With some business awards when you’re shortlisted or nominated you may get given … Read More

Which Sage 50 tax code do I use for suppliers not VAT registered?

I posted a question in our free Sage 50 Accounts support group on a topic that I know causes much debate!  The question was: “What Sage tax code do YOU use for suppliers not VAT registered?!” The post had 106 comments!  So, what tax code should you use for suppliers who are not VAT registered? Should the amount, which has no … Read More

How to be productive in 2022

After the festive season it’s always difficult to get back into your usual routine. Once you’re in it, it will be like you were never out of it! This time last year we blogged about how to stay motivated whilst suffering from the January Blues. For some inspiration you can read that here. I’m sure that’s still a reality for … Read More

How to ensure data doesn’t fall into the wrong hands

Cyber Crime and identity theft is at an all time high, we can’t stress the importance enough of ensuring that your data is protected at every stage of its journey, from the start of the data being transferred to the disposal when it’s finished with. Breaches of the data protection act more often than not only come to light once … Read More

Are you ready for the VAT rate increase for the hospitality industry?

The temporary reduced rate for VAT in the hospitality industry which the government introduced following the impact of the Coronavirus pandemic will come to an end on 30th September 2021. As of 1st October the VAT rate for hospitality will increase from 5% to 12.5%. This rate is set to continue until 31st March 2022.  It’s important that you ensure … Read More

Is lack of confidence holding you back?

I speak to so many people who tell me that they lack confidence, it’s the main thing which holds people back in life. It can easily be overcome with the right guidance and support, so all is not lost! There’s usually an underlying reason why you lack confidence in yourself. Maybe people have put you down in the past and … Read More

Should I use Suspense or Mispostings?

One question we get asked a lot is “Should I use Suspense or Mispostings?” or “What is the difference between suspense and mispostings?” or “How do I know whether to use 9998 or 9999?”. They are all very good questions! The simple answer is: Suspense should be used for scenarios like ‘hmmm, not sure where to put this, so I’ll … Read More

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

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