Accounting

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

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.

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

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.

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.

Limited companies need to file statutory annual accounts and provide other information to Companies House by law. Our guide to the basics.

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

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.

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

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.

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

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

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.

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.

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.

A helpful checklist on drawing up your business budget, including what to put in it and who to involve in the process.