Why consider a career as a Bookkeeper? Bookkeeping is a growing profession – it is demanding, challenging and above all, rewarding. It is about understanding how a business works and then providing accurate figures that enable the business to know exactly how well it is doing. For men and women of all ages and from
Read MoreUsing excel for bookkeeping can cause problems Using excel for bookkeeping is not considered a long term solution for your business for many reasons. Here we outline some of them, and why you should consider using an Accounting package to manage your Bookkeeping/Accounting function. Accounting software is not only considered easy to use, but it
Read MoreGetting paid on time is about a good accounting system and routine. Do you actively manage your business cash flow or does the lack of cash govern the way you manage your business? A tighter credit control system can help a business to identify potential bad debts and take appropriate steps to reduce them, and
Read MoreAny business owner worth his salt will know that oftentimes, the key to effective management lies in the efficiency of the organization’s processes. This principle certainly applies to all aspects of a business, but is especially pertinent where invoicing is concerned. This is because business function relies on an appropriate balance between incomings and outgoings.
Read MoreCloud accounting can benefit your practice. Cloud accounting can benefit your practice in many ways. There is no doubt that more and more Accounting practices are moving their applications to the cloud. Practices are doing this cautiously because with anything in business its important to make an informed decision. This article is designed to help
Read MoreFor many inexperienced small business owners, accounting is little more than a means of recording and storing data that, while necessary, does not represent its own fully-fledged part of the business itself. Unfortunately, this is simply not the case, as accounting can really direct the growth of a business, as it tends to determine the
Read MoreFor many small business owners, the stress and responsibility of running your own ship is enough to occupy your time, without you having to learn and apply a whole new set of skills in as little time as possible. This is why many business owners find themselves shrugging off the importance of bookkeeping which, from
Read MoreGetting Paid On Time One of the main areas of concerns for the managing Directors is cash flow. Some business owners manage cash flow beautifully, and some plod along and seem to get through. If you proactively work on getting your cash flow system working for you, it can reap rewards. Here are a number
Read MoreFast Easy Bookkeeping for Independent Contractors As an independent contractor, it is important to make sure your bookkeeping is up to date. Having your bookkeeping up to date arms you with important information such as cash flow position. As an independent contractor, you are responsible for paying income taxes. Knowing how much you are paying out
Read MoreBookkeeping: Harnessing the Power of Simplicity For anyone who works in a fast-moving industry, it can be a little tricky to get to grips with the numerous developments that seem to constantly be taking place. One of the buzzwords that’s been making the rounds in the realm of account management is “cloud accounting” – but
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