Accounting

Accounting provides an essential record of how your business has performed financially, helping ensure that your business remains solvent.

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Accounting - overview

Every business owner and director should understand key accounting concepts - even if you outsource to the professionals. Our guide to the basics.

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Budgeting and cost control - overview

Forecasting sales is an essential part of business planning. It's also vital to keep an eye on costs and make cuts where necessary. Our overview.

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Bookkeeping - overview

A good bookkeeping system gives you accurate information to help manage your business. We explain your basic options and what the law requires.

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Management accounts - overview

Management accounts give you the information you need to run your business effectively and make informed decisions. Where to start.

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Cash flow management - overview

If your business runs out of cash to keep trading you could be in big trouble, even if your sales pipeline looks good. Read our overview.

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Business accountants - overview

Not every business owner has the skills to do their own accounts - a professional could be worth their weight in gold. How to choose an accountant.

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Budgeting

While you can't know exactly what the future holds, budgeting reduces uncertainty and helps you anticipate problems. Here's how to create a budget.

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Choose and use accountants and lawyers

Accountants and lawyers are vital advisers who could save your business a fortune - and rescue you from potential hot water with their expert advice.

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Choosing accounting software

Accounting software makes your accounts quicker and easier to process - and you don't need to be a trained accountant. Our guide to choosing software.

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Collecting debts - checklist

Almost every business will experience late payment at some point. This practical checklist will help you recover the money you are owed.

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Controlling costs - checklist

Our helpful checklist will show you the areas to target when you're trying to understand or reduce business costs.

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Controlling credit - checklist

To avoid the risk of late payment - or no payment at all - it's essential to vet the people you offer credit to, and make your terms clear.

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Cost control

Cutting costs is the simplest way to improve your bottom line - but be careful that quality and morale don't suffer. Read our guide to cost control.

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Credit control

Credit control helps you optimise your cash flow and avoid late payment or non-payment. Read our guide to setting up a credit control system.