What Is A Confirmation Statement For A Company

Every year a UK registered Limited Company need to make sure that the details that Companies House holds on the company are correct. Once you’ve checked them you have to let Companies House know and you do this by sending them a confirmation statement. Companies House will remind the directors / owners of a Limited […]

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Bank Reconciliation – A Quick Overview

Why is bank reconciliation necessary? Every business in the modern world uses a bank account to receive the majority of their income as well as pay a large part of their business expenses through the bank. Bank reconciliation is a vital part of an accounting system, because it reconciles and explains any differences between the […]

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Do Cheap Accountants For Small Business In London Mean Compromise On Quality?

This may sound strange but there a number of individuals who run their own business that try to do their business accounts by themselves. This can be due to a number of reasons including saving money on accountants fees. A lot of these people are not aware that there are plenty of cheap accountants in […]

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How To Find Free Accountant Software To Use In Your Business

Accountancy is an important element of the day-to-day lives of individuals as well as business enterprises. Through accounting, an individual or business can keep an eye on its daily financial transactions. If you are a working person, you will most likely be earning income. Your income is going to be used to finance your expenditure […]

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A Good Bookkeeping System Is Necessary For Every Business

Most business owners appreciate the need for a good bookkeeping process in their business.  However, despite its advantages, not every business owner pays adequate attention to the bookkeeping activities in their business. Bookkeeping involves the documentation of the financial transactions of a business in an orderly fashion. It forms the first phase of producing many […]

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