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The Accountants for Growth
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Credit note? Refund? What’s the difference?

Credit note? Refund? What’s the difference?

After recently reviewing client bookkeeping queries, a common problem raised was being able to successfully account for the difference between entering a credit note compared with a refund. Many clients find it difficult to clarify between the two, and whilst these two concepts hold much synergy, they encompass two very different accounting treatments. To that end please find below a brief explanation and example to help clarify these entries and get your books and records looking clean and tidy!

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Business start up tip

Business start up tip

Have you recently started up a Limited company?  Are you sure that you invoicing and headed letters comply with the legal requirements?


You may have spent ages going back & forth with a graphic designer choosing a design to suit your business and brand but many business start ups do not get the correct guidance to make sure their stationery is legal.

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Working away from home expenses

Working away from home expenses

Working away from home may cause additional costs. These costs may qualify as being tax deductible but must be reasonable.

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Meet the Team | Alice

Meet the Team | Alice

Profession: Accountant


Years in the business: 6 years 9 months

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Annual Christmas Parties

Annual Christmas Parties

It's that time of year again! Are you planning your company's annual Christmas party? Wondering where to host it and what should be featured at the bar and on the menu? You may have a limit/budget of what to spend but have you ever thought you could end up paying more in tax?

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Building solid business relationships

Building solid business relationships

We all have different expectations, so it’s important in all business agreements and relationships to establish between both parties what those expectations are.  


Business is a two way street and it’s important to outline what you need from clients so they can receive the best service possible. To ensure this at James, Stanley & Co Ltd, we use a ‘Basis of our Relationship’ form which identifies what we need from our clients to ensure they receive the services they need to succeed.

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