What schedules should I prepare for the year-end?

At your business year end it’s important to have clear and concise figures that both you and your accountant can decipher. You need to understand your financial status as does your accountant, so that you can make important business decisions. You need to be able to back up, substantiate, verify or validate all of your figures that you hand over. … Read More

How bookkeepers can manage their workload more efficiently

One thing that stands out about running your own business, is being your own boss and being able to manage your own workload. No one is there to tell you what to do, you can make those decisions yourself! However, this also means that you have no one to guide and support you with your workload especially when it starts … 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

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

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