UK National Minimum Wage 2023/2024
From April 2023 the UK national minimum wage thresholds are as follows: Apprentices £5.28 Under 18 £5.28 18 - 20 years[...]
The Definitive Free Guide To Bookkeeping Part 2
This is part 2 of The Definitive Free Guide To Bookkeeping. If you've not read the first part, click below:[...]
The Definitive Free Guide To Bookkeeping For Beginners
The Definitive Free Guide To Bookkeeping For Beginners Introduction And Guide To Bookkeeping as a Business, Career or Skill Whether[...]
What Are Bookkeeping Functions?
The functions of a bookkeeper may be many and varied however there are a few straightforward procedures that every bookkeeper[...]
What Are Bookkeeping Principles?
Bookkeeping principles are rules that the business accountant or bookkeeper follows in order to create accurate records of the business's[...]
Bookkeeping Business From Home And How To Set It Up
In this in-depth article we look at all the basics you need to be aware of to set up your[...]
What Are Bookkeeping Ethics?
The bookkeeper has a responsible position in society. She tracks the flow of monies that come into and go out[...]
What Are Bookkeeping Tasks?
The tasks a bookkeeper needs to do may be highly specific or they may be extremely varied. A bookkeeper’s day-to-day[...]
What Are Bookkeeping Duties For Bookkeepers
The work of the bookkeeper has been done for centuries and in the most basic of terms you will be[...]
What Are Bookkeeping Skills?
What Are Bookkeeping Skills? Being a good bookkeeper means being able to represent an exact picture of the financial aspects[...]
Keeping Accounts For Small Clubs – A Simple Guide
So you've just become the treasurer (or are thinking of becoming a treasurer) for your local club, but you're not[...]
Treasurers Guide Part 1
Treasurers are usually unpaid volunteers (if you are one of these, welcome to the club!). Your job can range from[...]
Are Bookkeeping and Accounting the Same?
Bookkeeping is the process of recording daily transactions of a business and is a key component to building a financially[...]
Are Bookkeeping Businesses Profitable?
The simple answer to the question 'Are bookkeeping businesses profitable?' is 'Yes.' The most important thing when setting up your[...]
How To Become A Bookkeeper
The simplest way to become a bookkeeper is to pass a basic bookkeeping certification, such as the Accounting for Everything[...]
Turnover, Gross Profit, Net Profit, EBITDA and EBIT
Knowing the difference between gross profit and net profit matters for 2 main reasons: You buy things to resell Your[...]
Depreciation and Capital Allowances
Depreciation is the amount an asset has reduced depending on age, wear and tear, and current market value. It is a[...]
Why Should I Take Control Of My Business Accounts?
In the UK, HMRC have said they will be introducing compulsory quarterly accounting periods for all businesses sometime in the[...]