October 2015 - Franchise UK

Monthly Archives - October 2015

bookkeeping3

What Reports Should You Be Getting From Your Bookkeeper?

Why You Should Employ A Good Bookkeeper Last time I said that you should always make sure that you get an Aged Debtors’ and Aged Creditors’ report, if you didn’t see that article or are still not sure why, then do get in contact. But these aren’t the only reports that you should expect from your bookkeeper. At Rosemary Bookkeeping, we think you need a Profit and Loss report to understand your income and your costs. If your bookkeeper only [...]

Good Bookkeeping Essential For Your Business

What information can you expect from your bookkeeper? At Rosemary Bookkeeping, we think that your bookkeeper should give you information to help you make decisions about your business. We don’t want to give you advice about what you should or should not be doing, that’s what your accountant is there for, but we think you should have enough information so that you can make informed decisions.So what information should you get? Well you should definitely make sure you always have [...]

Does The Bookkeeping Really Need To Be Good?

Only the best "will do" At Rosemary Bookkeeping, lots of people ask us that question and pre recession our answer might have been different. A few years ago, as long as you were compliant with HMRC and Companies House rules and regulations then very basic bookkeeping would have been fine, but the world has changed. The Government doesn’t have any money and are looking to fines to ensure that business pay what they owe and on time.You may not be [...]

Why is Good Bookkeeping important for your business?

What’s the difference between an accountant and a bookkeeper? It’s funny, you would never dream of asking your partner to do your dental work or fix your electrics if they hadn’t been trained first so why would you ask someone who hasn’t been trained to do your books? At Rosemary Bookkeeping, we are surprised how often people do. But we’re never surprised that people get themselves in a pickle, especially with VAT.This is the first in a series of articles [...]