January can be a difficult month to stay motivated. After the build up to Christmas and the New Year celebrations come to an end, you can start the year with great intentions then by the middle of January the motivation starts to wear off and it can be difficult to stay positive and focused. Decide your goals Studies suggest that … Read More
Are you a visual learner?
The way in which people obtain and recollect information differs from person to person. Some find it easier to absorb information in the form of text and number whereas others (being the majority of people) are more visual, retaining information better when they can physically see something in front of them. Research shows that the use of graphics, images and … Read More
What you need to know about the final Job Retention Scheme payment
The job retention scheme ended on 30th September 2021. Final claims for September should be made by 14th October 2021. For September you can still claim 60% of your furloughed employees wages for the hours that they have not worked. This is capped at £1,875 per employee per month. You will need to top up your employees furlough by 20% … Read More
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
Is lack of confidence holding you back?
I speak to so many people who tell me that they lack confidence, it’s the main thing which holds people back in life. It can easily be overcome with the right guidance and support, so all is not lost! There’s usually an underlying reason why you lack confidence in yourself. Maybe people have put you down in the past and … 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
What VAT Code should I use for bank charges paid?
At Sage Accounts Solutions we get so many questions about tax codes. We’ve had lots of recent questions arise in our Facebook Groups too, where like minded Sage users hang out and help each other with queries just like this. If you’re not already a member, then please join us! What code should you use for bank charges paid? It … Read More
Confidence: why a support network is important.
Do you often wonder how you can improve your confidence and self-belief? Do you have low self-esteem? It’s hard to build confidence and it takes time. Having a network of people around you to support you can give you a great lift. Sometimes lack of confidence is not always as obvious as you think. I speak to many different people … Read More
What you need to know about the changes to Voluntary VAT submissions
We understand that in this current climate it can be difficult to keep on top of all the changes which are being made by the government and HMRC. So we thought we would tell you about what you need to know about the changes in VAT returns which are approaching us. Businesses with a turnover exceeding £85,000 must be VAT … 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
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