How can Satago help me with my cash flow?

If there’s something we all hate doing, it’s chasing invoices! Let’s face it, we don’t want to have to chase people for payment, it’s awkward and not a good use of our time. Satago gives you the option to automate your invoice chasing by integrating with your email. You can set up automated reminders that have that personal touch, so … Read More

How we interpret data

We all interpret data in our own ways. For example I’m a visual person, I would much rather see a dashboard with images and graphs than a list of text. We’re all different and where one thing works for one person, it doesn’t always work for another.  Ask yourself, do you like graphs and pretty charts or black and white … Read More

What you need to know about Sage Salary and Supplier Payments

In just a few clicks within your Sage software you can securely pay all of your Salary and Supplier payments, but what are the benefits? Saves time and reduces errors Your staff and supplier payments can be submitted directly from your Sage software which means you don’t have to manually re-enter information such as bank details and it’s not necessary … Read More

Invoice basis or cash basis for VAT – what’s the difference?

When it comes to the time to register your business for VAT, whether that be because you’ve hit the threshold or that you are opting to register voluntarily, you need to decide whether it will be on an invoice or cash basis*. When we (Sage Accounts Solutions Limited) deliver training or are helping you to setup Sage, we have to … 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

What Changes have been made to the Furlough scheme?

If you are taking advantage of the Government Furlough Scheme then you need to be aware of the changes that came into effect from 1st July 2021. It is essential to continue to pay your employees at least 80% of their wages and the cap of £2,500 per month remains in place. You will continue to contribute to your employees … 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

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