7 Proven Strategies for Getting and Keeping Repeat Customers
You already know how beneficial and profitable recurring clients can be for your company. Businesses might devise tactics to engage clients in such a way that they return.
How to Recover Overpaid Taxes
It's possible to pay more tax to HMRC than you owe, even if you have the most precise accounting practises in place. Overpayment of taxes can be caused by a variety of circumstances, ranging from tax code problems to unexpected changes in profits. Here's how to have your overpaid taxes refunded, whatever the cause.
A guide on business taxes for the beginner
A guide on business taxes for the uninitiated With a new business comes new tax responsibilities, which can be overwhelming if this is your first time.
What are the distinctions between financial and managerial accounting?
Regardless of whether you plan to major in accounting or not, any student who wants to work in business after graduation has to know how firms run financially, especially if you want to assume a leadership position in the future.
The Nominal Ledger's Definition
The nominal ledger, often known as the general ledger, is a company's primary accounting record for financial transactions. It is made out of a chart of accounts that are divided into asset, liability, equity, revenue, and expense categories. A double-entry bookkeeping system is used to record the detailed financial transactions, which means that one account will be debited and another account relating to the transaction will be credited.
What Bookkeeping Mistakes Should Businesses Avoid?
A sound bookkeeping foundation is one of the most crucial keys to success that any London-based firm wants to achieve in today's ever-competitive UK market scene.
The taxation of sole traders — a quick guideline for the self-employed
In this tutorial, we'll look at the taxes you'll face if you establish your own business as a sole trader, as well as other considerations to keep in mind before going it alone.
The Best Accounting Apps for Small Businesses in 2021
If you're a small business owner on the go, having access to your accounting software from any location is crucial. Although many of the best accounting platforms are web-based, meaning you can use them from anywhere with an internet connection, you may prefer a system with more mobility, such as an accounting app.