Bookkeeping can be a lonely place

Many bookkeepers’ start off their bookkeeping business alone, the majority remain that way for the duration of their business, whilst others build their businesses and welcome team members.  Running a business independently, and mostly from home can be lonely, I’m sure so many people can relate to this after the past year we have all been through with all office … Read More

Changes for HMRC customers who pay VAT by Direct Debit

HMRC are in the process of changing their VAT services, this will mean that existing customers will need to be transferred over to a new IT platform. All customers who currently have a Direct Debit set up with HMRC will be affected. What action do I need to take? By law HMRC must have a valid point of contact for … Read More

Have you heard about Pleo?

Recently I came across Pleo and I just had to share it with you! Pleo is a smart company card which integrates with Sage 50 Accounts and Sage Business Cloud Accounting. Simply load your card with cash and start spending! You can have multiple cards for your team which you can control and put spending limits on. No more surprise … Read More

OCR technology to help bookkeepers

OCR is a method of transforming data digitally. Whether it be handwritten documents, images or receipts OCR software will convert your documents so that they can be saved electronically.  OCR is now everyday life for most bookkeepers and accountants. In these modern times, most have steered away from ‘shoe box’ receipt archives. With the latest software such as AutoEntry, Dext, … Read More

Do you have unreconciled Bank Transactions?

If your bank reconciliations are all tidy and tickety-boo you’ll have no unreconciled bank transactions rolling forward as queries or errors. But what if you do? In today’s blog we look at: What is an unreconciled bank transaction Why you should ensure you check if you have any When you should check for unreconciled bank transactions How to tackle tidying … 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

Sage 50cloud Payroll Bureau v27.1 is now available

Sage have announced the release of Sage 50cloud Payroll Bureau v27.1 and it’s now ready for you to download and install. Later this week it will become mandatory to complete the update and you will not be able to access your software until you have installed this latest 27.1 update. We advise on updating your software as soon as possible. … Read More

The History of a Trial Balance

A trial balance is probably much older than you would expect, in fact it dates back to 1458! It’s fascinating that we are still using this process over 500 years on. It was originally believed that Fra Luca Bartolomeo de Pacioli also known as Luca di Borgo after his place of birth, Borgo Sansepolcro, Tuscany, was the first to describe a trial balance … Read More