Accounting

Accounting

7 Tips to Reduce Your Business’ Spreadsheet Risk

Spreadsheets have proven an essential tool for businesses of all sizes, equipping users with the means to better manage complex sets of data and simplify a number of business processes and projects. Providing a valuable and flexible toolset, spreadsheets help support the day-to-day processes of many businesses, with this great […]

Accounting

What is UTR Number & Why Do You Need One?

What is a UTR number? An UTR (Unique Taxpayer Reference) number is a 10 digit number that is special to possibly you or your organization. It distinguishes you actually with HMRC for things identified with your expense commitments. If you have an UTR number and work in Construction – you […]

Accounting

Key Factors of Automating Payroll Accounting

Automated Payroll Options For several small business entrepreneurs, payroll is a headache. To get rid of it, and still pay workers and tax enthusiasts on a detailed and time base, you will find a number of techniques to automate the procedure. These strategies include implementing payroll software program in-house, moving […]

Accounting

6 Questions You Need to Ask Your Accountant

Every business needs tight and perceptive financial management on an ongoing basis, and most business men and women opt to outsource all or part of their bookkeeping tasks to a CPA (certified public accountant). This is unsurprising, considering how important and yet how complex tax law, budgeting, cash flow management, […]

Accounting

Why Is Business Financial Analysis So Important?

Control and planning stand out as two of the most important parts of running a highly successful business. Every single company needs to have a well-built business plan. This includes strategy and control. It is only possible to create a very good business plan when financial analysis is done. Having […]

Accounting

The Importance of Accounting for a Business

In this article, we are going to talk about the concept and importance of accounting. In early ages, when commercial activities were based on Barter system, there was virtually no need for record-keeping. The industrial revolution that happened in the nineteenth century along with the rapid rise in population has […]