8 Apr 2019 | Publication, Bookkeeping Guide, Business Start Up Guide
In a purchase ledger control account, the total outstanding invoices at the beginning of a period and invoices received during that period, less payments made for invoiced supplies, will give a balancing figure of invoices still outstanding at the end of the period...
8 Apr 2019 | Publication, Bookkeeping Guide, Business Start Up Guide
When you enter records of money paid into and out of your bank account into the cash book, there is a delay of at least a couple of days until these transactions are cleared through the banking system and appear on your bank statement. Therefore, the bank balance...
20 Mar 2019 | Publication, Business Plans & Cashflows Guide, Business Start Up Guide
Planning not to fail A business plan is essential for every business. Failing to plan your business is the first step toward planning to fail. Recording your ideas, plans and strategies is essential given the ongoing sluggish economy when so many business owners are...
20 Mar 2019 | Publication, Business Start Up Guide
No business is the same as another even if the product or service is similar. If you are starting in business it is important to avoid the pitfall of underestimating your start up costs. Startup costs are limited to expenditure incurred before you are ready for...
6 Mar 2019 | Publication, Business Start Up Guide
Primary Companies Act Forms There are over 100 forms prescribed by the Companies Act 2006. We list below the main forms and include a link to all the forms which can be downloaded direct from Companies House. Many of the procedures can now be completed online rather...
6 Mar 2019 | Publication, Business Start Up Guide
The Companies Act comprises of approximately 1,300 sections and introduces new legislation which reflects the changing business environment. The Act provides for a single company law regime applying to the whole of the UK, so that companies will be UK companies rather...
