Expenses

5 Steps of Preventing Expense...

5 Steps of Preventing Expense Fraud Consider the following expense fraud schemes; air ticket fare for a cancelled flight, payment for unsupplied tenders. Shocker! Right? While it’s easy to imagine a few pounds here and there won’t hurt, expense…

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Cash & Accrual Based Accounting

Cash-based and Accrual based Accounting

Let’s face it _ accounting should be left for accountants. It often feels like their jargon needs translating. Other than accountants, who else uses accrual? Should your business use cash or accrual-based accounting? These are fair questions. Yet,…

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Revenue Recognition

Revenue Recognition and Impact on...

Are you thinking ahead? What next? Revenue recognition standards not only affect publicly traded corporations and large private companies. It could also impact small businesses, especially if they have plans to get more funding. What is Revenue Recognition?…

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Payroll

Payroll and Pension

In recent years, managing pensions by payroll managers has become burdensome. Majorly, it is contributed to by auto-enrolment regulations and administration challenges. UK laws illustrate that every company must enrol all legitimate employees into an amicable pension program.…

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Xero

Cloud Accounting and the Benefits...

Cloud Accounting Desktop accounting software is gradually becoming a thing of the past. Big and small businesses are now looking to have cloud-based accounting solutions for bookkeeping, payroll, statutory accounts and filing tax returns. Take control with Ernest…

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Revenue Recognition

Benefits of Outsourcing Accountancy services

The principle benefits of outsourcing your accounting to our professionals – Time saving – allows you to do business development. – Your accounts fully managed and maintained. – Consistency and reliability – Full visibility of your accounts online…

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Converting to Xero as your...

Helpful videos explaining how to convert to Xero, worth sharing. Cloud accounting at its best. Try it! Watch the video below to have an understanding of what is required. There are additional videos to this if you follow…

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