The secret weapon helping businesses run better: BookCheck expert insight With the help of bookkeeping and accounting experts BookCheck, SoGlos reveals the simple tool that could make all the difference to your business profitability. Getting up-to-date management accounts to help businesses make decisions isn’t reserved just for big companies – small businesses can access this valuable information with the help of  bookkeepers, BookCheck. READ MORE

A new service for firms switching their accounts to Xero and then developing them has been launched by Xero Bookkeeping with Management Information and Payroll specialist BookCheck. READ MORE

Our target client has a turnover from £500k up to £5M although we have some well above that. I suppose it’s no surprise that we attract prospects who invariable are not receiving prompt and quality management accounts or MI. Although, naturally, we see a biased sample, it never ceases to amaze us how much they are missing by not having quality numbers at their fingertips. READ MORE

Online working or Onsite? Our work of book-keeping with management accounts plus a payroll bureau was about 85% online before Covid-19, now of course it’s 100%.  READ MORE

Now we’ve had our 25th birthday I think I can afford to comment on our relationship with firms of accountants which we are not even though our Team includes eight qualified accountants. We’re purely what it says on the tin - bookkeeping with management accounts + a payroll bureau. All our clients have their own external accountant with whom we liaise at the year end. We also win new client referrals from some firms. We can see a great range in their attitude to ‘wanting’ to handle bookkeeping - this varies from absolutely no wish whatsoever though to being keen to provide. READ MORE

In this the final of a three part blog we look at Marketing for Profit using Management Accounts, how Management Accounts are produced and what to do with Management Accounts outside of the business. READ MORE

Whatever you do, don’t follow this path. This is based on a recent client story. A familiar situation, cash is tight, even worse you’re making a loss. So the cash is getting even tighter. So you naturally push the sales button even harder and spend more time pursuing customers. Seems a sensible idea, so why not? READ MORE

Making Tax Digital - should you be concerned? Making Tax Digital is a government plan to update HMRC with financial information four times a year instead of simply at the year end. This is set to affect about 1.6 million companies, 2.4 million self-employed and 900,000 residential landlords. READ MORE

Sounds boring but ignore at your peril otherwise you could be mightly embarrassed. Suspense accounts are a sort of cop out. If your book-keeper doesn't know what to do with the input then it could well end up in a 'temporary' suspense which means it's not reported properly. READ MORE

With Tesco now revising its forecast profits down from the original £2.8bn to £1.4bn you might wonder. This is despite armies of accountants spending millions on this task. So how could it happen and why bother? READ MORE

Years ago I attended a retirement party in London for the FD of a top company during which, after no doubt a few glasses of wine, he made this observation to me in terms of career advice. I was struggling with the words that evening but worked it out the next day. READ MORE

We've been working together with a Cloud IT provider on business development and have realised how very similar IT and bookkeeping departments are. They are both essential for the business but they can easily be: tricky, uncomfortable, problematic, a worry, costly if they go wrong and they both very definitely can suffer from staffing issues. READ MORE

The UK accounting watchdog, the Financial Reporting Council, is all set to review the bookkeeping of the big banks following the crisis of 2007 - 2009. READ MORE

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Looking at our historical figures, January is usually a buoyant month for enquiries and this year is no exception. In one day alone we had three red hot prospects - in Derby, London and Bristol. So we wonder why, also whether it would apply to other businesses. READ MORE

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ISO 9001:2008 Quality Management System - we are very proud to announce that we have been accredited by BSI after a rigorous and independent audit. READ MORE