Category: Xero
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Long term business strategy
A business might have a great product or service, but without a strategic plan to help it define, articulate and communicate where it is going, it will be at the mercy of outside
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Tips for Improving Liquidity
Company liquidations alone rose by 50% last year. The main culprit has been cash flow pressures.
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A Financial ‘Satnav’ is Essential!
Having instant access to reliable financial information has never been more important!
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Xero - How to build a watertight accounts receivable process
There are many ways to get into business, but only one way to stay in – you have to get paid. That’s why a good accounts receivable process is critical.
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Turbocharge Your Xero Bookkeeping... Part One!
If you are looking for some useful Xero Tips to speed up your accounting process then you’re in the right place.
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Xero - What is bank reconciliation?
You probably never heard of bank reconciliation until you got into business. And now you’re expected to do it all the time. So what is it? And what’s the point?
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What is depreciation and why should I care?
Depreciation is what happens when a business asset loses value over time. A work computer, for example, gradually depreciates from its original purchase price down to £0 as it moves through its productive life.
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Bookkeeping to run your business
Accountants help keep your finances in order but bookkeepers play an important role too. So what's the difference between a bookkeeper and an accountant? And how can a bookkeeper help you run your business?
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Online Accounting Systems... the proof is in the pudding! (Case Study)
I know what you’re thinking, that it’s easy to spout about the theoretical benefits of online accounting but to prove my point I want to tell you about a real-life case study about the process of implementing a system for a...
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Implementing an online accounts system...
So, in the last two articles, we’ve established the need for management accounts and how to reduce the effort needed and how to reduce the cost of such a system. Now we’re going to take a deeper look into the benefits of using an...