It’s quite easy to get the numbers right…..but the message wrong (3min video)

Part Time Finance Director – if this is the solution, what’s the problem?

The interim or part-time Finance Director option works well because it is quick to implement and it recognises that once the problems are solved you can go back to a lower-cost level of resource which will consistently get the right job done in the future.

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Get paid quicker – 5 tips to improve your sales invoices

Slower and more expensive is to send invoices by post. In the 21st century it’s difficult to understand why companies do this.

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Management accounts – are yours fit for purpose?

Your management accounts should be shared across your business as far as necessary to ensure that actions to improve profits and cashflow and reduce costs and risk can be taken as soon as possible.

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Do not put the tax cart before the business horse

It also reminded me that it can be daft to make decisions primarily for tax reasons. Putting the tax cart in front of the business horse is the wrong way to run a business.

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Five ideas to ease the pain of VAT

Most businesses should be indifferent to VAT. You add it to your sales invoices, collect it when you get paid by the customer and pay it over to HMRC when it’s due. In principle: no problem.

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Accounting for deferred income – QuickBooks training video (7 min)

If your business sells annual subscriptions or licences and you issue invoices upfront but want to see the revenue come through you P&L over the life of the contract, this is how to do the accounting in QuickBooks.

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QuickBooks training and implementation for your business

We use QuickBooks in our business and have been recommending it to clients for many years. We’ve built up a wealth of experience in how to apply QuickBooks to a wide variety of businesses from start-ups to international, multi-user, multi-site companies.

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