Accounting for bloggers – Part 1

Accounting for bloggers is a four part email series.  This first post gives you an idea of what the email series will be about and starts by looking at allowable expenses.

Whether you have just started blogging or you have been blogging for a while, one of the things that you might need to think about is money.  This four part series will look into how you can start getting organised and be prepared for any tax liabilities. Continue reading “Accounting for bloggers – Part 1”

Making changes on my blog

I’ve been thinking about making changes on my blog for a while now.  I’m still an accountant and I’m still a mum but the mummy bits are a bit boring now. The kids still have their moments and there is always something going on with them.  Life is never so straight forward and easy but I think I’ve come to accept that (rather than moan!). Continue reading “Making changes on my blog”

Youngest daughter is now off to school

I can’t quite believe that my youngest daughter is now off to school. Today is the last day of half days for settling into school. From next week both my daughters are at school. Freedom! Woo hoo!  A little part of me is quite glad that school has started and we can get back into a routine. Another part of me is feeling a bit sad that this phase of childhood is over. It’s strange when something is over I want to go back and recapture it, hold onto it a little bit longer. Continue reading “Youngest daughter is now off to school”

Back from sunny Fuerteventura

This year we decided to go on holiday for 10 days to sunny Fuerteventura. I was a bit unsure about 10 days.  Wouldn’t we get bored? What are we going to do for 10 whole days in the same place? But it actually went quite fast.  Continue reading “Back from sunny Fuerteventura”

Summer Holidays are coming….

Most summer holidays so far, I’ve tried to plan and re-plan and schedule the holidays as best as possible. This is so that the girls are not completely bored and also so they don’t forget what they have learnt so far.  However, this summer holiday I’ve not planned anything at all. This summer holiday I’ve decided to just go with the flow and see what happens. Continue reading “Summer Holidays are coming….”

Are sales invoices really needed?

What is a sales invoice?

A sales invoice is a request for payment by the seller for goods or services provided.  It is important for businesses to raise sales invoices for many reasons. Some of these reasons are listed below:

 

  • For tax purposes, HMRC require companies to keep evidence of sales made for at least 6 years and up to 10 years in certain circumstances. Companies also need a record of all the sales made in order to complete the year end accounts and calculate the amount of tax owed.The details on the invoice will show what you have supplied which can then help protect a business against any disputes.
  • By reconciling the debtors on a regular basis will highlight any outstanding debts that need to be chased.
  • Analysing the invoices can also be a good marketing tool to see how, what, where and when the products and services are being sold and which employee is making the most sales.

What needs to be shown on an invoice?

Continue reading “Are sales invoices really needed?”

My Favourite Accounting Apps

These are just my favourite accounting apps and in the link to their website, which can be found by clicking the title, has no affiliate links that I benefit from.  There are obviously so many accounting apps out there that will help you sort out your finances and keep you on top of your paperwork and sometimes you just have to use trial and error to find the ones you are happy with. Continue reading “My Favourite Accounting Apps”