Outsourced accounting – the way of the world

Outsourced accounting – the way of the world

Outsourced accounting has been with us for many years, at all levels from the freelance bookkeeper to the interim Finance Director. No change there, but technology is making outsourced accounting much easier to buy and to deliver.

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Business confidence i.e. the confidence to do business

The business side of running your business is not easy and not always comfortable, but it’s worth a little pain to get to where you want to be.

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Hiring your first employee is not an HR decision it is a rite of passage!

If you want to build a business from the ground up then hiring your first employee is a rite of passage, one of the phases you go through where the business takes a quantum leap forward.

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Accounting software – don’t drown it with data

A business called us for help with their accounting software but when we dug a little deeper the software was not the problem – the process was.  A simple problem to solve but some interesting lessons to learn.

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As the economy soars the demand for bookkeeping in London grows with it

London is by far and away the key growth area for the UK economy and as economic growth picks up, companies grow and new businesses are formed, the demand for bookkeeping in London grows as well.

Whatever the economic conditions, all businesses need to have a strong financial foundation and the core skill they all need is accurate, up-to-date bookkeeping.

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Remote working in the cloud

Our business has now switched to remote working in the cloud.

Up until now we have been using a traditional client-server model in an office but going forward we will do all of our work in a hosted environment from anywhere.

Working in the cloud is the third stage of a project that has seen us move to a paperless environment and migrate our email, diaries etc. to Office 365. But what does it all mean for a business in the 21st century?

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Employing a new person – use the HMRC Starter Checklist

The form gathers all of the information required for you to set up the new employee on your payroll and also includes the “employee statement” about whether this is their only job and what they have been doing previously in the tax year.

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Slow payments kill a company

We hear a lot about slow payments and most of us experience the pain of slow payments, but for one client of ours it caused the death of the company.

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International VAT – made simple(ish)

VAT – a lot of the time it is as easy as falling off a log, but once you start to trade overseas it can get difficult and it is worth knowing the basics about how it works.

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