In the SME market cash flow and payments from customers are the most important elements of business. Although it’s almost an afterthought for most business owners. With the adoption of cloud accounting and implementation of Making Tax Digital, the problem has never been clearer to see. Debtors are now live figures on a dashboard, as […]

Purchase invoice capture – a fundamental of the cloud accounting journey! Being on the cloud to ensure MTD compliance is a good starting point, but now this change has happened, we should take advantage of the positives of using online book-keeping systems. Invoice capture is as simple as it sounds, when you receive a receipt […]

Making Tax Digital came into effect from 1st April 2019. Under the new regulations, all UK businesses that are VAT registered and above the £85,000 threshold are now required to keep their records digitally and submit VAT returns to HMRC using MTD-compatible software. You are now unable to submit VAT returns using the HMRC website. […]

It’s nearly the start of MTD! On 1 April 2019, businesses that are VAT registered and over the £85,000 threshold will need to file VAT Returns using MTD compatible software. We do appreciate that this is a BIG change for some VAT registered businesses, but we are well underway in helping your business through these […]

With the ever-enhancing pressure on businesses to be more competitive within the market, the capability to know how you’re performing is more essential than ever. This is where real-time accounting comes into force to an even larger extent. Historically, it was common to only bookkeep quarterly for VAT or annually for year-end accounts, however only […]

Is bookkeeping stressing you out? Or maybe it’s the software you’re using?… The constant innovation of technology often leaves business owners wondering “what is this?” and “do I really need it?” But, when it comes to online accounting, it’s worth the changes as it makes your daily accounting and bookkeeping tasks easier, less time consuming […]

The start of the year is a great time to reflect on the past twelve months and prepare for the next. Most people make New Year’s Resolutions to have healthier lifestyles, but what about making some sort of resolution for your business? If your business is a December financial year end and your bookkeeping is […]

How important is training to you? In any aspect of life… Training in general, improves the effectiveness and skilfulness of making your business successful! If you’ve been utilising Xero, you might have encountered a few moments where you think “this piece of software, is actually quite fun.” It’s ok to confess, as we agree too. […]

Are your accountants providing you with all the Xero cloud accounting support you need? Our cloud support specialists are here to give the guidance you require, so you can run your business more faster and efficiently. One of the most beneficial reasons of why we love this beautiful software, is that once we have logged […]

MTD will soon be upon us. Are you ready for April 2019? Many people are afraid to move away from their existing accounting software; as they are satisfied and familiar with the usability of it. However, as MTD (Making Tax Digital) is soon to be upon us, it may be time for a change. If […]