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Blog

The Accountants for Growth

Company & Accounting Records

Company & Accounting Records
You must keep records about the company itself, financial and accounting records. HM Revenue and Customs may check your records to make sure you’re paying the right amount of tax. 
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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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Meet the Team | Angela

Meet the Team | Angela

Profession: Bookkeeper/Payroll Clerk


Years in the business:  Too many. About 30 years.

 

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Bookkeeping for your business

Bookkeeping for your business

Are you a business owner?


Most business owners are used to being pulled in a hundred and one different directions. You can only do so many things and do all of them well, there is one of you and hundreds of them and at some point, you have to decide which tasks you are willing to delegate. Many business owners therefore have to invest in a book-keeper to maintain he day to day finances of a company’s business transactions.

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Making bookkeeping easier

Making bookkeeping easier

There are many ways to make your accountancy bills smaller and they can be as simple as keeping the following things in mind when you submit your records for filing. 


Be sure to avoid these common errors when submitting your information;

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