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Old-fashioned accounting systems are seriously flawed. And that can have dire consequences for small businesses. Until recently there were essentially 3 common types of accounting system: A manual system of books and records, like those big cash books.An Excel or other sprea...
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Recent studies by Oxford University and Deloitte (2015) suggest that about 96% of what accounting firms do will, in the not-too-distant future, become automated. 96%! Surely that means the accountant is soon to be redundant. Why is that?  In recent years advances in tec...
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Every business owner hates bookkeeping and paperwork. Unfortunately it has to be done. And it has to be done in a prescribed format... otherwise the Tax Man will be on your back. It's also difficult. That's why there are bookkeeping exams. That's why there are professional i...
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Every successful business has its finger on the pulse. You need to know the key numbers. Not the numbers in last year’s accounts; they’re out of date. Redundant. You need today’s numbers. And that’s where your cloud accounting system comes in. If you d...
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Don’t you just love the UK Government? UK businesses are just getting over the huge cost and upheaval from the Automatic Enrolment regime and now we have another one to deal with. You’ll love this. They call it ‘Making Tax Digital’. Of course we don’t yet know...
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