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blog Archives - Accounting and Bookkeeping

Category: blog

Making Tax Digital- Simplify Your Organisation

Making Tax Digital is on its way and most of you would have already taken steps to move clients to MTD Compliant Software. Moving clients to MTD Compliant software and Cloud Applications provide you unique opportunity to increase fees from your clients. You can take up Book Keeping Function and provide real-time accounting service to […]

Review GDPR in 5 Minutes

In under four months, Europe’s data protection regulations will undergo the biggest modernization in two decades. The EU’s General Data Protection Regulation (GDPR) is set to be enforced by 25 May 2018 – at which time non-compliant organizations will face heavy fines of up to 4% of their annual turnover.

Helping Xero Firm to Efficiently Manage Book Keeping for E Commerce Company

One of the Xero Accounting Firm was struggling to manage book keeping for a E Commerce Company. The Company was using its own platforms over and above Amazon and E Bay. Further, the company had around 4 of its own different platforms to sale goods. The company use to import goods from various countries.

5 Things Businesses/ Accountants Can Learn from Launch of iPhone X

Who would have imagined on 29th June 2007 that the launch of iPhone by Steve Jobs would change the way world operates? Even after a decade, Apple is still in complete control of the Mobile Market and the people who operate those mobiles. With the launch of iPhone X, Apple has taken another leap to […]

Blog- Accounting for E Commerce Companies

We just had a bookkeeping firm coming to us for doing book keeping of an E Commerce Company. Initially, I was a bit surprised about making things complex out of simple things and that is the reason I am writing how to do accounting for E Commerce Companies.

How to make Master List for Making Tax Digital?

Making Tax Digital is a revolutionary step by HMRC and Accountants have no choice but to embrace Making Tax Digital either voluntarily or by compulsion when HMRC reviews it again.

5 ways to manage business cash flow effectively

No matter how profitable your business may appear on paper if you’re not simultaneously keeping an eye on cash flow your business could be heading for trouble. Reliable cash flow is just as important as profits – if not more so – to the long-term sustainability of a business.