When you start in business you should have a separate bank account for your business expenses and income rather than using your personal bank account.This keeps your business spending separate from your personal spending and a glance at your bank acc…
Your potential new employee says they want to take home a minimum amount of pay each month. They want to know how much they have to spend but you need to know how much it is going to cost you.
We are often approached by businesses who are using Xero but know they are not using it as well as they might. Sometimes all they need is some training, on other occasions they would just like us to do it for them. So here are six tips to help you u…
Some businesses may request a payment in advance for goods or services.If you are VAT registered it is important to know when you can claim back VAT on an advance payment. This is generally determined by the tax point which is either the date of the …
Business owners must keep track of their business income on a monthly basis because growing businesses will most likely need to become VAT registered. The VAT registration threshold has been
