13 Jun

What is Automated Bookkeeping

  • admin | Resources

Have you ever dreamed of being able to get rid of all your purchase invoices and receipts simply by scanning them and then having them uploaded to your accounts system automatically? With the advent of more and more cloud services and software as a service, the options available for having your bookkeeping done have changed. If you are using a cloud-based accounts package, such as Xero, then it is well worth having a look at the automated bookkeeping services which link to it.

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2 Jun

Cash basis threshold increased

  • admin |

The cash basis is a simpler way for smaller businesses to work out their taxable profit. Under the cash basis, profit is calculated by reference to cash in and cash out, rather than by reference to income earned in the period and expenditure incurred, as is the case under the traditional accruals basis.

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