10th September 2018
Blog
10th May 2018
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 […]
15th April 2018
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 […]
12th March 2018
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) […]
22nd January 2018
What is your learning style?
Do you know what your learning style is? Should you? Most people generally have a pretty good idea about the ways in which they learn, and retain information. Neil Fleming designed VARK which helps people to determine their learning style, which can help aid study and change the way in which people learn and teach, […]
13th November 2017
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 […]
4th November 2017
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 […]
16th October 2017
What is Double Entry Bookkeeping?
Double entry bookkeeping is the definitive way of ensuring that every transaction is captured and entered into your bookkeeping. It ensures that nothing is missed. It was designed and used in the Middle-Ages in Italy and became widespread. No system has ever replaced it. How does it work? There are only 6 types of transactions […]
9th October 2017
What is the Accounting Equation?
If you were to start learning bookkeeping, this would likely be part of the first lesson. The Accounting Equation is very easy to understand. See what you think: ASSETS – LIABILITIES = CAPITAL We use these terms in everyday […]