QuickBooks and Xero are both popular cloud-based accounting software platforms that offer a range of features for small and medium-sized businesses. While they serve similar purposes, there are some differences between the two. Here’s a comparison of QuickBooks and Xero: User Interface and Ease of Use: QuickBooks has been in the market for a longer
Rise in Interest Rates Last Week for the first time in more than 10 years, the Bank of England has raised interest rates. The official bank rate has been lifted from 0.25% to 0.5%, the first increase since July 2007 and according to Mark Carney, the Bank of England Governor, it is likely to
A business should register for VAT if their ‘Taxable Supplies’ over the past 12 months have exceeded the VAT registration threshold. From April 2017, the VAT registration threshold has been £85,000. Therefore, if at the end of any month, the total value of all the taxable supplies over the previous 12 months is greater
We have migrated many of our clients bookkeeping functions from spreadsheets or even non existent systems to online accounting software packages. This has provided the client, accountant and bookkeeper access to live information anytime, anyplace provided they have internet access. This has also given the client access to avast array of reports and management information.
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