Useful accounting, tax and business Information
These info sheets have been written to act as a useful reference library of the typical questions we find we are asked most often. The advice provided within these info sheets are written as a general guide only. For this reason, you should seek our professional opinion before acting or relying upon this generalised advice.
Your specific circumstances may warrant a different approach to the one set out in the info sheets, and once we possess all the facts we will be better placed to give you specific advice on the best way forward.
Accounting
VAT bad debt reliefHow to reclaim VAT on debts that have gone bad.
Sole-trader year-end checklistA list of the books and records a sole-trader should prepare at the end of their accounting period.
Guide 1: An introduction to book-keepingAn introduction to basic book-keeping conventions.
Guide 2: The Nominal LedgerThe role of the nominal ledger in an accounting system, and its relationship to the trial balance and the financial statements.
The accounting records you need to keepA comprehensive review of the accounting records you need to keep, and how you should go about recording each kind of transaction you are likely to meet.
Company year-end checklistA list of the books and records a company should prepare at the end of their accounting period.
Partnership year-end checklistA list of the books and records a partnership should prepare at the end of their accounting period.
Business
Managing bad debtEven the smallest of enterprises can help minimise the risk of bad debt by just using undemanding credit control techniques.
Strategic planning for small businessesA simple way of planning to become more profitable next year.
Bad debtsHow to account for bad debts.
The insolvency processAn overview of the various kinds of insolvency processes for individuals and companies.
Improving your sales techniqueSome tips on how to improve your sales techniques.
No. of productive working days in 2002/2003Business planning should be based on the actual number of working days in a year. This infosheet shows why this is so important.
Letterhead designA summary of the details you are required to disclose on your business stationery.
