Don’t ignore the elephant in the room

Do you often ignore the elephant in the room? Pushing complex tasks to the bottom of the pile hoping that they will go away? It’s easy to push tasks like this aside. If you find yourself doing this on a regular basis then it might be worth establishing the reasons behind putting more difficult tasks to one side. Is it … Read More

What’s new in the Sage 50cloud Accounts and Sage 50 Accounts v27.1 release?

Following the release of the latest version of Sage 50cloud Accounts and Sage 50 Accounts, v27.1, we thought we would put some facts together for you about what’s new. What’s new in Sage 50 Cloud Accounts? The new upgrade gives you assistance to ensure that you are Brexit compliant, with the introduction of new tax codes. Download our latest Post-Brexit … Read More

Is Sage Essentials being discontinued?

As some of you may know, Sage has discontinued Sage 50 Essentials and no longer sell it to new users. However, if you have Sage 50 Essentials and you’re still using it, what does this mean for you? We had an email last week from a client who runs a small business, and that has a Sage 50 Essentials subscription, … 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

Should I employ a Bookkeeper or hire a Freelance Bookkeeper?

Setting aside time to do your accounts whilst running your own business can be tricky. When first starting out you may be inclined to take on the duties yourself in order to save money. Of course this is fine in the short term, but once you start to get busy, you will find it even harder to make the time … Read More

Beware HMRC fraud! Our insiders account…

Fraudsters are becoming more imaginative in their ways of scamming people out of their money. It’s unfortunate to say that there are so many scams doing the rounds, and HMRC are aware that their name is being used to convince people to hand over their money. According to UKfinance.org in 2019 criminals managed to steal over £1.2 billion through fraud … Read More

Pressures on Financial Services throughout the COVID-19 Pandemic

These are strange times that’s for sure, and Accountants and Bookkeepers have really felt the pressure of the added stress that they have faced since the beginning of lockdown. Businesses have faced financial strain from the impact of the Coronavirus and as a matter of urgency they were turning to their Accountants and Bookkeepers for help and advice.  Although great … Read More

How to choose the right bookkeeper for your business

A bookkeeper offers a vital service for your business. They save you time and money, giving you the freedom to concentrate on your area of expertise! But how do you choose a bookkeeper? There are many things to consider when taking on a bookkeeper; Attention to detail and problem solving The most important part of a bookkeepers job is attention … Read More