Inventory management can present challenges for small businesses in the UK. Xero and QuickBooks offer features that address these challenges. This article summarises how these platforms, along with their connected apps, manage common inventory tasks. Xero and QuickBooks Inventory Management…
If you’re not familiar with cash flow analysis, then it could be something that has a big impact on your business. Cash flow analysis gives you a better understanding of your company’s cash flow and overall business performance. You might…
It is often said that accounting is the ‘language of business’, and like any language it evolves over time. The role of the accountant has gone from physically counting coins as they were paid and put into the bank to…
Free accounting software for small businesses sounds like a great deal but would some growing companies be better off using the paid for alternatives? Figuring out which is right for you is an important part of streamlining your business, saving…
Most small businesses are not in the position to have a dedicated accounts department or a payroll team. Yet they also can’t afford to spend hours at the end of each month sending out invoices by hand, totalling up work…
Bookkeeping software can save your small business valuable money and time. It can streamline processes and reduce the hours you spend working on receipts, payroll, invoicing and more. The best bookkeeping software lets you set up automated entries, bill payment,…