Mastering Bookkeeping Jargon for Business Success
Bookkeeping Jargon can be daunting for many business owners. With a plethora of financial terminology, it’s easy to feel overwhelmed.…
What is a finance manager and how outsourcing can help SMEs grow
So, what is a finance manager and how can outsourcing this role benefit your SME? As an SME (small to…
Should a business hire a bookkeeper?
We know that running a small business is no small feat. From managing day-to-day operations to strategic planning, there’s an…
Navigating Seasonal Cash Flow Fluctuations
In many businesses, there is a seasonal cash flow, whether you’re a bar and restaurant hospitality business, a digital agency…
What is a Post Balance Sheet Event?
You may or may not have heard of a post balance sheet event before but in the world of finance…
What does Accounts Receivable mean and how does it work?
Within business finance, the term “Accounts Receivable” (AR) is one you’ll encounter frequently. But what exactly does it mean for…
Budgeting for the New Tax Year
As the new tax year rolls around, it’s time for businesses across the UK to reassess their financial plans and…
Understanding Your Financial Statements: A Guide for Small Business Owners
As a small business owner, you’re used to juggling various responsibilities. From marketing, sales, customer service and even bookkeeping. One…
Choosing Proximity: Why Hiring a Bookkeeper Near You Makes a Difference
When it comes to managing your business finances, having a reliable bookkeeper is essential. While many bookkeepers offer their services…
Double-Entry Bookkeeping vs Single-Entry Bookkeeping
Double-Entry Bookkeeping and Single-Entry Bookkeeping. What’s the difference? Both have their merits and drawbacks. And their suitability can vary depending…
Basic Bookkeeping: the Difference between a Bookkeeper and an Accountant
In the realm of business finance, two roles often take centre stage: bookkeepers and accountants. Both are indispensable for the…
Small Business Bookkeeping: A Time and Money Saver
Here at CPL Accounts, we know that in the world of small businesses, every minute and every penny counts. Small…