If you run a business, you will undoubtedly have heard of Xero bookkeeping. Xero is a cloud-based accounting platform that your team can use to update your accounts, whenever and wherever they like. The company behind the software is one of the most talented and innovative in the world, and it implements some pretty sophisticated [...]
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So far Bookkeeper Hub has created 6 blog entries.
If you’re not using Xero in your business yet, you should be. The cloud-based accounting platform can help you in all kinds of ways, from making it easy to store your accounting data to reduce errors. The problem, however, is that many firms don’t have enough people trained to use Xero and so they miss [...]
Whether you want to ensure that your books are always accurate, always ready to help you deliver financial insights about the business, or you want to make sure that you’re well prepared for the arrival of the taxman, up-to-date bookkeeping is essential. You don’t want to go through the hellish crunch leading up to tax [...]
Balancing the books is a crucial part of running a successful business. If you’re a business owner, keeping a close eye on your accounts and monitoring payments that come in and go out is vital. If your books aren’t up to date, or your finances are in disarray, the risk of financial failure increases dramatically. [...]
Bookkeeping and accounting are both crucial business functions, but they are not the same. There are key differences between bookkeepers and accountants. This guide will explore the main differences and provide you with all the information you need about bookkeeping vs accounting. What is bookkeeping? Bookkeeping is predominantly concerned with recording financial transactions and ensuring [...]
If you run a business, you may feel like you’re constantly trying to juggle several tasks at the same time. Bookkeeping may not always be a priority, but it’s so important not to underestimate the difference efficient accounting can make. You may be busy trying to launch a new product or step up your marketing [...]