If you have begun operating an e-commerce business, making sure you know about your accounting responsibilities is hugely important – and luckily, this doesn’t have to be the minefield it can sometimes feel like. In line with this thought, we’ve … Continue Reading
Getting started with online accounting can sometimes seem like a challenge, but this shouldn’t have to be the case – and fortunately, there’s a lot you could keep in mind to help with this decision. Fortunately, our experts here at … Continue Reading
There are numerous ways that online accounting software can potentially help your business, and keeping these factors in mind could help you find the ideal solutions for your own business’s needs. Fortunately, as experts in the accounting field, our team … Continue Reading
What Should I Ask When Hiring an Online Bookkeeping Service? With countless online bookkeeping services out there, finding the right solutions for your business can seem tricky. However, there are ways to narrow down your search, and the following questions … Continue Reading
Understanding Tax Deductions Tax deductions play a crucial role in reducing taxable income, thereby decreasing the amount of tax owed. Deductions are specific expenses that taxpayers can subtract from their income before calculating the tax they owe. Understanding the different … Continue Reading
We’ve gone from strength to strength, we welcomed 1 more mini team member in April, Emma attended Manchester Pride in August with Xero and not only were we finalists for Xero Bookkeeping Partner of the Year, we only went … Continue Reading
Financial accounting and management accounting are two essential branches of accounting with distinct roles. Financial accounting primarily involves the preparation of financial statements to present a company’s financial performance and position to external stakeholders, like investors and regulators. It ensures … Continue Reading
Efficient accounting practices are essential for the success of your online business. At Fresh Financials, we specialise in guiding online entrepreneurs through the intricacies of financial management. We offer expert insights into revenue tracking, expense management, and tax optimisation. With … Continue Reading
When considering the importance of having a bookkeeper or accountant for your business, it’s crucial to recognise their valuable role. These professionals bring expertise in financial management and accounting, helping maintain accurate financial records that support informed decision-making. They also … Continue Reading
Bookkeeping is the systematic recording, organising, and tracking of financial transactions within a business. It involves tasks such as maintaining records of income and expenses, monitoring cash flow and reconciling bank statements. While it might seem mundane, bookkeeping is crucial … Continue Reading
