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Articles, guides and advice on Accounting for UK small businesses. Topics covered include: accounting software, choosing accountancy services, preparing accounts, tax efficiency, financial regulations for SMEs and related subjects.

Accounting

The EU VAT e-commerce package: how accounting can help

The EU is expanding the ‘one-stop’ system for reporting and paying VAT across the bloc to include all distance sales of services and intracommunity sale of goods. The updated schemes are together known as the EU VAT E-commerce Package. What does it mean for UK businesses and how can you adapt?

Business management

Purchase Order Best Practices and Processes

Lucy Fox, general manager of cloud solutions at Exact, puts the management of purchase orders under the spotlight.

Accounting

Crunch to roll out accountancy on its new freelance bookkeeping network

Crunch, the Brighton-based digital accountancy platform, plans to add freelance accountants to its new self-employed bookkeeper service

Accounting

5 ways small businesses can keep on top of freelance payments

Freelancers have become increasingly important to even the smallest of businesses, says ETZ Payments CEO Nick Woodward. Here are 5 easy wins to ensure freelancers are paid

Accounting

Profit and loss template

Use this template to build your own profit and loss account as a small business owner.

Accounting

How can I set up payroll without an accountant?

I need to set up tax, PAYE and NI for my limited company in the UK. Can I achieve this without an accountant?

Accounting

What manufacturing businesses need to know about accountancy

As manufacturing businesses create goods, they have extras to factor in when it comes to accounting. Angela Ashworth of Purple Lime explains more.

Accounting

Accounting in foreign currencies: what small business owners need to know

We explore what you need to know about doing business in foreign currencies.

Accounting

A small business guide to capital assets

Emily Coltman of FreeAgent discusses capital assets and gives her top tips for dealing with them in your business accounts.

Accounting

Five things to remember when cash flow forecasting for your business

It's vitally important to have a good grasp of what cash is coming in and going out of your business. Here, Emily Coltman gives some top tips on managing your forecasts.

Accounting

Purchase orders explained for a small business

When issued to a supplier for provision of goods or services, purchase orders are legally binding. This guide explains how they can help small businesses track orders and receive payment for work done.

Legal advice

The ‘holistic approach’ to professional advice: Why small businesses need it

In this piece, Richard Oury argues for the importance of SME clients demanding that their professional advisers take a more holistic view of their business challenges.

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