21 Questions to Ask an Accountant
When hiring a professional accountant, there are a few questions a small business owner should ask them to make sure they are the right fit…
Bookkeeping Blog for Business
A Guide to General and Administrative Expenses (G A Expenses)
Small businesses have to keep track of expenses to stay afloat. While some of these expenses are obvious, such as the cost of goods sold…
Features of Computerised Accounting Software
What is Computerised Accounting Software? Computerised accounting software is an invaluable tool for any business. It can make the process of managing your finances easier…
How to Invoice Someone
Do you need to issue a sales invoice but don’t know the best method? You’re in luck! This article will discuss different ways of issuing…
10 Factors to consider when choosing accounting software
Choosing the right accounting software for your small business can be difficult. Choices abound, and it’s easy to make the wrong choice if you don’t…
What is an Income Statement?
Income Statement Definition, Explanation, Example and Template An income statement is a financial document summarising income and expenses over a certain period. It’s often referred…
Alternatives to Xero Accounting Software
Six Alternatives to Xero Accounting Software – Free and Paid Plans Love it or loathe it, Xero is one of the leading accounting software packages…
What is a General Ledger?
A General Ledger is one of the most important components of accounting. But what is it, and how does it work? This article will discuss…
A Complete Guide on How to Start a Business
12 Tips on How Do I Start a Business? There are so many things to think about when you start a business – from the…
Improve your cash flow
12 Ways on How to Improve Your Cash Flow Improving your cash flow is essential for any business. This article will discuss seven ways to…
What are Drawings in Accounting?
So, you have set up your self-employed or partnership, run it successfully for a while and now want to start taking some money out of…
Advantages and Disadvantages of a Limited Company
When starting a small business, one of the first things to be decided is the legal structure you will have. It can either be a…
Sole Trader Advantages and Disadvantages
Starting up a business as a sole trader is an attractive option for many entrepreneurs. There are many advantages to being a sole trader, not…