Common Bookkeeping Errors When Using Accounting Software

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For all business accounts record keeping, software is a valuable tool for managing the business’s financial records efficiently. It saves time, helps with data accuracy, and can instantly generate financial reports. Even with good bookkeepers and automatic integrated software, errors can still sometimes occur. Here are some tips to help avoid common bookkeeping mistakes using accounting software: Incorrect Data Entry: … Read More

2-Factor Authentication To Be Added To All Sage Accounts Software

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From May 2024 Sage (UK) Limited are introducing 2-factor authentication (2FA) as an extra layer of security to all Sage accounts. This will be rolled out to all products from May 2024 until November 2024. What is 2-factor authentication? Two-factor authentication (2FA) is a security measure that requires two distinct forms of identification to access an account. For your Sage … Read More

Hiring a Freelancer or Employee as a New Member of Your Team

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When considering adding a new member to your team, it’s crucial to carefully evaluate your options. If you’re thinking of engaging a freelancer rather than hiring an employee, there are several important factors to take into account. What would I need to consider when taking on a freelancer? Firstly, determine how the subcontractor will provide their services – are they … Read More

The Importance of Continuous Learning

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Are you constantly seeking ways to enhance your skills and broaden your knowledge? Stepping out of your comfort zone to learn new things is not just beneficial—it’s essential for success in business and career advancement. Professional development plays a pivotal role in staying competitive and maintaining a professional image. But what exactly are the benefits for individuals? Why should I … Read More

Changes to National and Minimum Wage from 1st April 2024

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Get ready! As we approach April 1st, 2024, all employers need to be on their toes regarding the upcoming changes in the National Living and Minimum Wage rates. The National Living Wage, previously exclusive to workers aged 23 and over, will now extend its reach to include those aged 21 and over. It’s a significant shift and staying informed is … Read More

AutoEntry by Sage Mobile App

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We’re thrilled to announce that the AutoEntry by Sage mobile app now supports the upload of multiple images directly from your phone gallery, with a maximum of 15 images per upload. You can also capture photos using your phone camera, making it easier than ever to upload your documents in bulk. This enhancement is designed to save you valuable time, … Read More

Sage 50 Accounts v30 is here!

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There is a phased rollout of Sage 50 Accounts version 30. This will be a 64-bit version of Sage 50 Accounts. Transitioning to a 64-bit application will be straightforward for most users. When you install v30, you will be offered the 64-bit version by default. If you still need to use a 32-bit version, there will be one available. What … Read More

Will You Be Impacted By The New Online Seller Rules?

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HMRC has introduced new rules that affect anyone who sells items on sites such as eBay, Vinted, Etsy, or Depop or people who rent out their homes on Airbnb and other similar sites. It also includes delivery drivers for Deliveroo and UberEATS, or freelancers that sell services through a website and earn money from doing so. The new regulations came … Read More

Can I do my own Bookkeeping?

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As the new year begins, you may be thinking about starting a new business or assessing your current business and looking to get your finances in order. As part of this, you may be looking at doing your own bookkeeping as an option. But could you do it yourself? Absolutely, managing your own bookkeeping can be both empowering and cost-effective, … Read More

Can We Claim Input Tax on a Gym Membership Scheme?

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As the new year unfolds, businesses may want to invest in their most valuable asset: their employees. One impactful way to support staff well-being and productivity is by offering corporate memberships to a gym, and there’s no better time than in January. Let’s look at what benefits it could bring to a business: Can we claim input tax on a … Read More