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Tips, advice and news
Live Bank Feeds for Automation
Using Xero bank feeds remains one of the best things you can do for automation. Why are more businesses not using them?
Everyday tax tip for Rachel Reeves: Motor expenses
The Fixed Profit Car Scheme is good for someone like you, but hasn’t been increased since 2011
Was AI art invented in 1969?
What ‘cutting edge’ things are you doing today that will probably be seen as standard or ‘plinkety-plink’ in 10 year’s time?
📊 The WIP trap: When Management Accounts resemble a pyramid scheme
Have you ever wondered how adjusting Work in Progress (WIP) in management accounts can create a dangerous illusion of profitability? A typical WIP Cycle: 🔹 Accrue WIP this month, which increases sales 🔹 Report a profit 🔹 Reverse WIP next month...
How much does it cost to prepare your Personal Tax Return?
How much does it cost to prepare your personal tax return?
Oh, those Russians!
In helping a start-up client to open a new business bank account, we went through a number of traditional banks, before being pleasantly surprised by success with Revolut Bank
Digital Transformation – Conveyancing Matters
It was super to see Shaun as a guest on the Conveyancing Matters show. They talked about digital transformation, its advantages, risks and how to manage them. What is the ‘Uncle Albert’ syndrome, how to overcome it, and much more
Spreadsheet hell – eliminate it today!
Public Health England reported a 16,000 cases glitch in their Covid system. But should we be eliminating our own spreadsheet hell first, before criticising?
How automation can save you time and free you up to focus on growing your business
You didn't go into business to deal with the bookkeeping. Nor to run big finance departments. Well, fear not, because this is why automation is here to help. Automation seems to come in many different guises (and adverts) nowadays – but each has increased productivity...
Your profit – track it’s component parts and watch your bottom line grow
Are all profits equal? "£1 of profit is £1 of profit, and I'll take it wherever it comes from." True? Well, maybe. £1 of profit from an activity at busy times could stop you from earning £5 on another if you could put resources on that instead. At slower times, a £1...
Have you experienced staff resistance to your new software system?
You have carefully chosen a new software system and spent time doing so. All those little pain points will go away. It will change your business for the better and pay for itself in no time at all. You spoke to your staff early and involved them — invited relevant...
How do you drive successful performance in your business and how do you track it?
Whether you are a start-up or an established business, a forecast will help. Forecasting is not just about predicting your future. It acts as your business plan. It can be used to drive and track successful performance as a result.
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