The Only Constant is Change. For UK companies with year ends after 31st December 2016 there are huge changes to the way accounts being presented. This is because UK accounts are now produced under Financial Reporting Standard 102 (FRS 102) instead of UK General Accepted Accounting Principles. (UK GAAP) What does this mean. [...]
We are proud to have recently been awarded Xero Gold Champion Status! This means we are dedicated to maintaining our status as experts in all things Xero. With this in mind, we make sure 100% of our employees are Xero accredited and that we are at the forefront of all Xero developments. Xero is [...]
One thing is for certain, this years Autumn Statement is going to be carefully watched by many interested parties. Arguably, even more so than most budgets because of the unique set of political circumstances we find ourselves in at the moment. The Brexit Vote and The US Presidential Elections effects on our economy and their [...]
Many business owners would love to have too much work. In fact, of all the problems you could face such as lack of cash flow, employee issues, product issues etc; having too much work is pretty low on the list of problems to resolve but it is still a problem. Firstly, the enormous pressure [...]
Make no mistake running a successful e-commerce business is time intensive but with a little forethought and careful set up you can minimise duplicated effort.
Communication is at the heart of what we do. You may be surprised that many accountants are not great at communicating. We frequently hear stories about the broken relationship business owners have with their accountants and the root of this relationship break down is poor communication. They say that assumption is the mother of [...]
It’s 4am and you are having a nightmare. In it, you find yourself running down a long dark tunnel. You can’t see your hand in front of your face but you are trying to get moving. You feel this pressure to go forward as fast as you can, but you are conscious that, at [...]
Holiday season is over, traffic is back to normal and we are all back to reality. Holidays are a great time to reflect on your life and assess if things are working out as you had planned. I for one spent a few hours on holiday trying to assess things from a different point [...]
If you are considering a move to Xero, but are researching the other possibilities, then this post will help you. These days, the first decision when deciding on bookkeeping software is Cloud vs Desktop. So let’s start with Desktop There are many good desktop software products out there that will probably work for your business. [...]
I have serious mixed feelings about the upcoming referendum. I have listened to all the arguments, read the booklet that No. 10 kindly sent me and perused the various websites and while I am leaning one way, I am for the most part undecided. I can't help have an instant distrust of the fear mongering [...]
