Karl Threadgold ☁ ACMA,CGMA

Efficient Cloud Bookkeeping 📺💼 Autumn Budget 2024. #autumnbudget2024 #accountingservicesuk #bookkeepingservicesuk #smallbusinessuk #virtualaccounting #virtualbookkeepingservices #financeuk

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Efficient Cloud Bookkeeping 📺💼 Autumn Budget 2024. #autumnbudget2024 #accountingservicesuk #bookkeepingservicesuk #smallbusinessuk #virtualaccounting #virtualbookkeepingservices #financeuk

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Want to speed up your bookkeeping processes = Dextension for Quickbooks 💚 Dext is a powerful product, make sure you are Max-imising all of the tool on offer 😎

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Are you managing your bookkeeping on a daily or weekly basis. Use Hubdoc or Receipts Bank to link your purchases to the accounting software. HMRC plan to require Businesses to file quarterly profit returns which will require bookkeeping to be up to date . Keeping up to date books will enable one to monitor the increased wage costs against turnover, and potential increases in supplier's costs. Curious about how you can get ahead of these requirements? Watch this video for a quick guide to staying compliant and boosting your financial visibility. Need help with your bookkeeping or business finance, Contact us: 07768 390330 #Bookkeeping #FinancialManagement #BusinessFinance #BusinessGrowth #Accountingsupport

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Many businesses stick with their accountants if they think they're doing a good job. But what if there are unseen issues, especially with HMRC? Incorrect figures, unexpected taxes, and unresolved arrears can trigger the need for a change. If you're facing challenges or just want a second opinion, leave a comment or send me a message. #Business #Accounting #Startup

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Quickbooks Invoicing will be upgraded this Thursday! The new invoicing experience will mean you can do the following: 💚 Personalise invoices, create bespoke templates that match your business brand 💚 Customise quotes and invoices on the spot, no templates needed 💚 Get alerted when a customer has accepted a quote or paid an invoice 💚 Track quotes in one place and view an activity tracker 💚 Autosave quotes and invoices created whilst using the mobile app You can return to the previous experience by clicking the “Old layout” button, but why would you want to?! #quickbooks #intuitquickbooks #newfeatures

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What apps do we use at OD Accountants Part 2: Last week we told you about the different software we use to for accounting and this week it’s what we are using for our payroll & supplier payments: ✅Brightpay ✅BP HR ✅Wise ✅Modulr Software is always picked based on the needs of the client and is discussed prior. Get in touch to find out more information ⬇️ Telephone: 0203 137 9887 📞 Email: [email protected] 📧 #business #team #work #startup #accountant #accountancy #accountingservices #taxreturn #tax #vat #b2b #bookkeeping #vatreturns #helpme

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CocoonFMS® Ltd has got it right with their Xero integration! Seemless and no CSV downloads. You can now create a Customer address in either Xero or CocoonOPS and add your costs and revenue for a shipment. Once the invoice is issue in CocoonOPS, it will send it straight to Xero instantly. But it doesn't stop there. When you reconcile the invoice in Xero, it will automatically update the credit limits in CocoonOPS and show the invoice as paid. The integration is so seamless that it only takes about 30 seconds to implement it - if you can type your password and 2FA quickly, that is! Say goodbye to the hassle of manual invoice processing and hello to the convenience of CocoonFMS® Ltd + Xero integration. #freight #invoicing #freightmanagment #digitalisation #xero #freightforwarding

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I'm late with this week's Xero post, but here goes: Changes to Xero invoicing. On 1 September at 10pm BST, all invoicing users will automatically default to the new version each time they log into Xero. You will be notified at the time and introduced to the new version of invoicing prior to 1 September when you create an invoice to gradually get familiar with the new experience. Xero have extended the availability of classic invoicing, so users can choose to switch back to it until 19 November at 8pm GMT. Since January, a number of features have been added to the new version of invoicing, including: - being able to attach files from Xero’s file library to your invoice - the ability to view detailed history and notes, including when the email was first sent and the email address the invoice was sent to - improvements to the layout, designed to make it easier to navigate and tab through fields - new features like an improved invoice send experience which includes a live side-by-side email preview and new CC and BCC functions   A comprehensive list of all new invoicing updates including many more features which have already been released, information on what features are yet to come before classic invoicing is retired, and how the two versions will compare is available on Xero Central. #xero #XeroAdvisor

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“I’ve seen some of your posts about the accounting software you use and you’re exactly what I’m looking for.” Love getting these messages. Annoyed I didn’t screenshot it, again. Super pleased to say that this business owner has signed up with us at Linford Grey Associates. We’ll be looking after their accounting and bookkeeping moving forward. The main frustration that helped them decide to change accountants was the lack of knowledge regarding e-commerce accounting software. (A2X is one we always recommend.) This comes up quite often when we speak with potential new clients in the e-commerce space. There was also a desire for more advice and forecasting. What I really love is that they were prepared to pay a bit more to get a much better service. We gave them different pricing options, as we usually do, but it was lovely that their focus was on getting better rather than focusing on the lowest price. Two things I’ve learnt from this lovely new client: 👉🏼 Most people won’t engage with your content on LinkedIn but it doesn’t mean they’re not seeing it. Be consistent, keep showing up.  👉🏼 Communication is KEY always, no matter what industry you’re in. I’m always happy to chat to see if we can help. Drop me a DM if you're considering changing accountant. 📩 #socialnetworking #customerrelations #accountingandbookkeeping  #smallbusiness #linkedin

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😵 Staggering how many companies are formed annually. Great for accountants😄, but this puts pressure on resources in the industry and yet again pushes up the cost of the commodity which is accountant time...🤨 When will software come in and reset the industry? https://lnkd.in/gaM67Y3X #accounting #company #business #finance

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As a practice owner I’m closely following the developments in AI for accountants and book keepers. Searching xero market place this morning there are lots of AI Book keeping apps. Booke AI, Inc. expert.ai Simply type AI into the search box on the app market place and there are loads of options. My question is- has anyone used any of these apps and do they work in real life? I would love to know your thoughts and recommendations. #ai #worksmarter

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"Xero might be great for the smaller business, those say under £250k of turnover but it can't handle the chunky stuff" Some people even then suggest looking over to Quickbooks as a meatier cloud solution That's absolute BOBBINS Xero CAN scale beautifully to huge proportions with the right app stack plugged in I've worked on £50 million turnover businesses doing thousands of transactions a month no problem in Xero Ecommerce businesses for example can plug in A2X and then not only smash the volume but deal with all types of weird and wonderful VAT rates cross borders If you've got multiple warehouses with millions in stock, no worries, bang in Cin7 Core Have loads of users that need detailed purchase or sales order approval? Sweeeet that's a job for ApprovalMax Truth be told that's much easier to do that than work with a clunky Quickbooks that drives me bonkers with its loading times and most apps either don't work as well as in Xero or indeed don't really work properly at all Scarier still some businesses pay over £10k a year for high end accounting solutions such as netsuite and the like when Xero + apps would do a BETTER job for a fraction of the price If you're serious about scaling you can start and stay on Xero for a long long time #scaling #growth #cloud10

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ATTENTION UK BASED BUSINESSES Accounting isn't just about numbers, a very good accountant will help you create business growth opportunities - which means more money in your pocket. I regularly speak with Lee Taylor a UK based accountant about such issues, and I recommend if you have a UK based business, and want to create more profit in 2025, you ought to have a chat with him.

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Reward card schemes are gaining attention, but all that glitters is not gold, especially regarding tax clearance. At RJF, clients often ask us about these, and our stance is clear: if there's no explicit HMRC approval, it's best to avoid it. Got questions about a scheme you've encountered? Leave a comment or send me a message. #Business #Startup #LeanStartups

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