Creating a business budget is very similar to creating a personal budget. However there are some differences. When you own a business, taxes are not...
The text book definition of “sunk costs” reads something like this:Sunk Costs: Costs that were incurred in the past that cannot be recovered and thus...
The best choice is often dependent upon the size of the business and the employment of full time accountants, accounting staff, bookkeepers or management of...
A number of questions are asked by clients either before purchasing or after downloading the accounting software. Many of these questions and the answers are...
Firstly, what do I mean by a financial goal? For most of us, that would generally be a goal to either increase income or reduce...
HMRC will advise the new tax code change from 543 to 603 which was announced in May 2008 and the date the new tax code...
Client asked for user name and authorisation code or password when attempting to download accounting software. The client is probably attempting to login to the...
Do I have to enter mileage and vehicle running expenses in my taxi accounts. Entering the mileage covered by the taxi is optional as the...
Medical billing has become one of the most cost effective ways of operating a medical practice. No matter how big or small the practice is,...
Just because a doctor owns his own practice does not mean that he is doing particularly well. It might be true, but it also may...
It seems to me that, for large swathes of the public, the two “fiscal rules” that govern economic expenditure are, if not totally incomprehensible, at...
To qualify for being able to file shortened accounts a small company should satisfy at least two of three conditions. The three exemption conditions prior...
Goal setting is crucial to the success of any business, but is particularly important for entrepreneurs in the bookkeeping service business who can become distracted...