Got a question? We’ve got answers.

We’ve collected together all the questions we get asked and answered them all.

If you’re looking for information about Bookkeeping and the Cloud, chances are our FAQs page will be helpful.

Do you need a bookkeeper or an accountant?

Do I need an accountant or a bookkeeper?

You know you need some help with your business’ finances. But what kind of help is right for you? Often, business owners think the most important choice is whether they hire an outsourced bookkeeper or accountant. Really, what’s most important … Continue Reading

Digital messaging app

Why we love using Slack (and why you will too! )

When you find a tool that makes doing business easier, more efficient and enjoyable, you don’t keep it to yourself. If you haven’t met already, let us introduce you to Slack: a digital messaging app for businesses. We’ve been using … Continue Reading

Time tracking

How does MinuteDock help you?

As a switched on business owner, you’re always looking for new tools and systems that can help improve what you do. At Fresh Financials, we’re the same way. That’s why we use Minutedock.  MinuteDock is a time entry service that … Continue Reading

What makes a good bookkeeper?

There are many benefits to hiring an outsourced bookkeeper for your business, like to save time, increase accuracy, and gain greater knowledge. A bookkeeping service will also reduce your stress, but only when you’re confident your financial data is in … Continue Reading

What’s the difference between Revenue and Capital expenditure?

It is important to make the distinction between your company’s revenue and capital expenditure so that a true reflection of the company’s profitability can be correctly shown on its financial statements. Because you are charged tax on your profits (and … Continue Reading

float, profit and loss, xero

What is the difference between Profit and Cash Flow?

Knowing how your business is performing is vital to making financial decisions and being empowered to explore new opportunities. It’s not unusual for business owners to use their Profit and Loss account (P&L) and Balance Sheet to gauge business performance, … Continue Reading

Grants and Support for Businesses

Restart Grants are now live – you need to apply through your local council. Here is our understanding of the Restart and Discretionary Restart Grants available: You may be eligible for a Restart Grant. If your business sector was mandated to … Continue Reading

How your business can stay one step ahead in the next six months

Planning for a pandemic is not something we would ever hope to have to use. But it is possible to plan during uncertain times, and being prepared is crucial because it can help to ensure your business can continue and … Continue Reading