bookkeeping

You have less than one month to get ready for Making Tax Digital

On the 1st April 2019, almost all VAT-registered businesses will be required by HMRC to make digital VAT returns every quarter. Is your business ready? 

You could invest in new digital accounting software and staff training, or you could relieve your business of the entire processing burden by outsourcing all your bookkeeping and VAT Return work to ad+ Chartered Accountants.

We regularly receive […]

Need a new accountant before your next VAT Return?

You can switch to ad+ Chartered Accountants quickly and easily. We can take care of everything for you.  Normally, we can transfer all your bookkeeping and accounting records in time for your next VAT Return. If you need a new accountant, have a look around our web site, or get in touch. We are always happy to chat with ambitious […]

  • Why outsource your bookkeeping?

Why outsource your bookkeeping?

I know, as a chartered accountant, that the starting point is always ensuring that the bank accounts are fully reconciled. Which means that all the transactional activity within those bank accounts have been processed properly through the bookkeeping system.

When I was doing my training, most clients operated a manual bookkeeping system. Nowadays we have the advantage of digital cloud based […]

  • Wrongful Trading can creep up when no one is watching

Wrongful Trading can creep up when no one is watching

The one constant in business, and in life, is change. You must be in control of your personal circumstances to ensure you can carry the changes and the things that change brings with it.

What I’d like to focus on this morning is ‘wrongful trading’, which is a very strong term. But wrongful trading can come about innocently by just not […]

  • £21 billion in 20 years

£21 billion in 20 years

Jim Ratcliffe lifts the ceiling on goal-setting for ambitious entrepreneurs. According to the Sunday Times Rich List 2018, he has built a business in which his personal share is worth £21 billion, and he has done so in only 20 years.

Whatever levels you are aiming reach in your business, ad+ can help you get there. We’ve advised business owners based […]

Why you must control costs within your business

There are warnings out there in the general economy about an on-coming recession. Thoughts turning toward dropping values, and other worries. That may be the case, for some, but there is also so much that is good, really good, just now. Many business owners are finding trading conditions, investment opportunities, and availability of finance better than they have experienced in […]

  • DO NOT ASSUME: IT’S DANGEROUS

DO NOT ASSUME: IT’S DANGEROUS

Pay attention. Investigate every change affecting the financial stability of your business.

Don’t assume anything. Always challenge assumptions. Just because it has run smoothly for the past few years, don’t assume it will always run smoothly. Good customers can hit hard times, and your invoices can slip down a pile of accumulating debts. Diligent employees can lose their concentration, once-dependable suppliers […]

  • What’s the MEANING behind The Numbers?

What’s the MEANING behind The Numbers?

The meaning behind The Numbers strips bare the facts on implementation within your business.

Your profit number is the result of the activity behind that number. If you want to improve the profit number, look closely at all the activities that impact on sales, margins, overheads.

Successful business owners are passionate about “The Numbers”. But, the funny thing about the numbers is that they […]

  • 32 Bookkeeping: the first building block

Bookkeeping: the first building block

Successful business owners are passionate about “The Numbers”. But, the funny thing about the numbers is that they must be accurate and up-to-date, otherwise they are of no value.

The first building block of accurate financial data is your bookkeeping records. Within your business the workflow process and data entry rules must be designed to consistently capture all the transaction information, […]

ad+ seminar: Get your business ready for new HMRC requirements

REGISTER NOW to learn what your business must change in order to comply with new the HMRC Making Tax Digital requirements.

Every quarter, your business will be required to provide an on-line update to HMRC of the amount of ‘taxable profit’ produced. That requires a lot of extra work by your staff and your accountant.

Will your bookkeeping staff cope with that […]