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Career focus: Bookkeeper
The job roles of accountant and bookkeepers often intertwine, and there are quite a few people who don’t know the difference between the two. Here we will briefly explore the role of the bookkeeper. A bookkeeper deals with the first step of the accounting process, and is responsible for keeping accurate and complete records of […]
JDH TOP TIPS | Writing a Business Plan
Writing a business plan can seem a daunting challenge. However, this skill is a vital requirement for any entrepreneur or business seeking to increase their chances of survival. Here is a list of our top tips for writing that winning plan: Write from the audience’s perspective The starting point for any business plan should be […]
Auto Enrolment Jargon That You Need To Know
Understanding your auto enrolment employee categories The auto enrolment categories of workers are defined by their age and earnings. These are workers that fit the category of automatically being enrolled into an auto enrolment pension scheme. They need to be: 1. Working in the UK 2. Earning more than £10,000 per year (the Earnings Trigger) […]
A simple example of double entry bookkeeping
How would you go about setting up a business? The first thing you would probably do, (after working out a good Business Plan) would be to go and see your bank manager and open a business bank account. If you deposited £5,000 in the bank, the double entry would be: Dr (Debit) Bank […]
Debt Chasing Tools on Sage
Debt chasing can be time consuming, yet it must be done. How can Sage help you to save time? There are a number of debt chasing tools on Sage. In fact, there is a special area called Chase Debt. This is found in the Customer Tool Bar, under the Tasks section on the left of […]