During August I have being doing bespoke Xero training both face to face (side by side in practice!) and remotely via Zoom. The last few months have given businesses the time to implement new ways of maintaining their accounts but, as with any new software, there comes a time when you just need help to understand what to do and that is where bespoke training comes in. Xero is user friendly and has very good …
I have been using Xero for 9 years now and frequently train not only our own new employees on how to use it but also other businesses who need help. One of the advantages of Xero has always been the bank feed which downloads transactions from your bank on a daily basis directly into the software. These transactions can then be quickly and easily allocated to an invoice or directly to an account code with a description and relevant VAT code. But sometimes the bank feed …
Several of our clients have received HMRC notifcations of late payment of their PAYE over the last few weeks. In April, May and June this was often because employers were out of their usual routine and forgot to set up payments, although a couple did think they didn't have to pay when they were using the furlough scheme! More recently though we have had two employers …
Today I took on a new client. They telephoned last week wondering what to do as they had just gone over the VAT threshold. They were nervous about what that entailed and concerned they wouldn't know what to do. I spent some time talking them through being VAT registered, keeping accurate records and …
Becoming VAT registered can be a little daunting for those new to business. It means keeping your accounts records organised and and up to date and ensuring that you have VAT receipts for all the business expenses you want to claim back VAT on. It also means that you need to know whether the products or services you sell should have VAT added. …
