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Xerocon 2019 – Cash Flow in Xero
It’s been just over a week since our sixth Xerocon came to a close. This year’s key theme was clear, improved cash flow tools in Xero for businesses and there were some impressive product updates to empower business owners in achieving this. In this blog we’re going...
What is cash flow and why does it matter to my business?
We often speak to businesses who are frustrated that they’re profitable but have no cash…’how come I have to pay tax if I’ve got no money?’, sound familiar? In this blog we’re going to look at why cash is king, what is cash flow and how and why you monitor it in your...
Still Using Spreadsheets? The Honest Reason You Might Want To Switch To Xero!
Over our time, we’ve dealt with a lot of business owner’s accounts, and in doing so, we’ve dealt with a lot of spreadsheets. This isn’t just another one of those blogs in the crowd of information about Making Tax Digital. We’re not writing this to induce widespread...
Our take on the App Stack; the Raedan TrifectaTM
All businesses, big and small, can find amazing insight in their financial data. For many, however, it’s often felt out of reach. Here we show you how even for the smallest businesses that’s no longer the case, with our simplified version of the traditional app...
Raedan – Refresh of the homepage
As a funnel for so much of our traffic we knew our homepage had to be more concise in explaining who we are. A little over a year ago we built a shiny new website and we were immensely proud of what we had pulled together. However, at the time we launched our new...
Budget vs Forecast; why creative agencies need both
In June a report by the Creative Industries Foundation and Creative England stated that creative industries generated 2 millions jobs yet only 38% had a business plan or forecast. Trying to make decisions without knowing the outcome is difficult at best. You could say...
Budget 2018; a summary for creatives
With speculation over recent weeks suggesting bad news for small businesses, it was pleasing to see that, unlike Apple’s September events, the leaks weren’t very accurate! Whilst there was very little specifically for creatives there was a lot for small businesses...
Will Making Tax Digital be postponed?
Since its first announcement, there have been groups calling for the delay of Making Tax Digital and a recent report from the British Chamber of Commerce states 24% of businesses have still never heard of MTD.
Grab a (strong) coffee, it’s time to talk about Making Tax Digital
When Making Tax Digital (MTD) was first announced it was dubbed “the death of the tax return”, sounds great doesn’t it! But from April 2019 businesses will need to be ready to deal with the biggest change to taxation in a generation.
Real-time Accounting vs. the old way: There’s only one winner
According to a report published by Xero in 2017, 18% of accountants are still running ledgers with pen and paper. It’s time we said “out with the old approach, and in with the new!” which is we wanted to pit them against one another and, in this blog post, show you why there’s only one winner.
The Best Ways to Get Foreign Currency
No matter how you plan on spending your summer holidays, we all want the same thing when it comes to foreign currency – to get the most for our money. And in this short blog post, we’re going to take a look at just some of the ways you can get the best rate while overseas.
How Secure Is Your IT System? – Getting to Grips with Passwords and Login Policies
In the world of accounting, technology has been at the forefront of our industry’s transformation. With cloud accounting, businesses now have real-time insight into their exact financial position, at any time, from anywhere in the world. Insight that can inform...
Thank you!
October and November are typically awards season for the accounting industry. Whilst we don't run our own awards, given it's Thanksgiving in America today, we wanted to say a quick thanks to those that have helped us get where we are today. Like all good Oscar...
Xerocon 2017 – Why it’s important for small business
Last week we attended Xerocon 2017, Xero’s annual UK conference and whilst it may have a delegate list of accountants, it’s far from an accounting conference. It’s about tech and small business and that’s why we’re sharing our findings with you. For us it was Xerocon...
Raedan – A New Look
We are delighted to share with you the launch of our rebrand and new website. It includes our first (and definitely not last) video, introducing Raedan. There is a lot to share with you and as always, we’d love to hear any feedback you have! New branding It’s been...
Spring Budget 2017 – Key items for Small Businesses
In what is set to be the last Spring Budget, there was very little for small businesses to consider. Though the few areas where there were changes, those changes will have quite an impact. Dividends Following the change in taxation of dividends in April...
Christmas Parties & Gifts – What’s allowed?
With the Christmas season quickly approaching, we are often asked what employers can buy staff and customers for Christmas and what tax relief, if any, is available. So here’s a quick summary to remind you. Christmas Cards Expenses incurred for Christmas cards/e-cards...
Using forecasts to prevent cash flow issues
USING FORECASTS TO PREVENT CASH FLOW ISSUES In the last two weeks we’ve looked at how to improve the flow of cash into your business as a method to cope with poor cash flow, however, we see the most important part of cash flow management as the ability to see the...