Hello everyone! Jennifer here. I am new to this forum. I have one question that - Which software is the best and easy to use for accounting record keeping? Please help me with your ideas. Thanks in advance. -Jennifer
Time management is a recurring topic in our bookkeeping endeavours, and I'm sure it's a hot topic in similar accounting practices. While we all recognise the importance of effective time and resource management for the overall efficiency of our businesses, how often do we scrutinise how our team m...
In the rapidly evolving landscape of business technology, remote access has become a cornerstone for seamless operations. For businesses leveraging Sage software, the integration of remote access capabilities can be a game-changer. This article explores the intricacies of remote access and...
The field of accounting offers many opportunities for career growth and advancement, but before you can begin your journey, you must choose the right accounting qualification. Two of the most popular qualifications are the Association of Accounting Technicians (AAT) and the Association of Cha...
Hi there, Do any of the mainstream suppliers of accountancy/bookkeeping software offer student licenses ? I'm just on a chat with quickbooks now... but I seem to be confusing the support person with my suggestion of Student License. (QuickBooks apparently don't have student licenses -- you have...
Hello, I hope someone can advise. Having used Sage for many many years I have decided I need to catch up with the world. FreeAgent has caught my eye and I am trying to make it work for me and my business. I own and run a hotel business. In Sage I have Nominal codes set up which work for me and my accountant. I can...
Hi dear forum member, I need to get tour professional opinion regarding ICAEW membership. If getting membership of ICAEW have an advantage in getting job in UK . Please share your value able input. Regards Ahmad
Hello, I work full time as a delivery driver and want to change to bookkeeping. I am reading the Osbourne books for level 2 and watching videos as a way of learning. I thought that getting a volunteer job would be a good way to get practice. I did think about charity, but not sure where else or even if charit...
Hi Everyone, Your kindly help will be appreciated here. I am an accounting graduate with 4years of working experience but I want to start my own bookkeeping business as a self employed or if possible I can get an employer to work with while I understand the process of building up a career in the bookkeep...
Hi all, Please I need your help on how to process the following transactions on Sage. 1. One of my client just bought a motor bike and the sage his using is Sage accounts which does not have Fixed asset register , I posted it diectly into Motor vehincle nominal code and also he also bought some Laptop compu...
Hi Does anyone here use Dext? I'm currently manually inputting invoices into Xero but keen to speed the process up. Dext looks interesting but any feedback or alternatives would be great? Thanks
Morning Everyone Hope you can help. I have a client which is a partnership and they are cash based. Last year they had a lost, this year a profit. Can I carry the loss forward to use in this years self assessment? (I was under the impression that if you were cash based you could not use the previous years los...
Greetings Everybody I trust this message finds you well. As a bookkeeper navigating the evolving landscape of remote work, I'm eager to discuss some of the prevalent challenges we encounter and seek guidance from your collective expertise. Remote work has become a prominent feature in our indus...
Hi i buy products to resell as soon i buy i have to record them as inventory i guess?....until they are sold? but i also came across the "purchases" term as an account whats the difference? thanks
Hi all, How are you finding the process of gaining employment having achieved your bookkeeping qualification? I have recently completed the Level 2 Bookkeeping Certificate with the AAT. Employers of course want experience, which I cannot offer. Therefore I am keeping an eye out for trainee/a...
I just wanted to know that I have just joined a service-based company as a bookkeeper. They sent me the previous year's quarterly transaction report related to day-to-day office expenses, food expenses, travelling, sundry and education fees. But I don't know how to record transactions on sage 50....
How do you process a negative amount in Sage Accounts? In 'Manage VAT' you only have a Payment Option. I assume I could do a journal entry, but this would not update the 'Paid' Flag. Thanks,
Introduction: Ali Manan Rashdi- ACCA member with over 14 years of experience. Financial Chronicles Ltd was registered with Companies House in 2021 and started providing outsourced accounting and bookkeeping services from Pakistan.I have a team of experienced and fully qualified accountan...
Hi, The business i work for has implemented a new loyalty scheme where points are used as a discount on purchases. Customers accumulate 3 points per £1. The area of refunds has been debated. If a customer has accumulated £5 worth of points and uses those points to receive a £5 discount on a £10 cash sale,...
Hi, I work for a small electrical contractors. For 3 years I've supported our external accountant by providing all invoices and receipts etc for VT / CIS returns. They are now wanting us to take the book keeping in house so I am slowly learning. We have purchased a waste carriers licence but I cant fin...