Latest Blogs in Cloud Accounting
Peter Brown
16th May 2022 e-Commerce: Are you finding keeping your business’s records a nightmare?

Understanding how to account for your business’s transactions with online selling platforms can be complicated. Ensuring that you are submitting the correct information to HMRC can be tricky as not all platforms have the same VAT treatment.   A2X could make your life easier by saving you time and headaches from the complex world of…

Richard Alecock
8th March 2022 Making Tax Digital – getting self employed businesses and landlords ready

Below is Whitings MTD Group’s sixth issue edition of our Making Tax Digital newsletter and what could be the most revolutionary stage of Making Tax Digital – MTD for Income Tax Self Assessment (MTD for ITSA) for self – employed businesses and landlords.   The newsletter explains “what will sole traders and landlords need to…

Peter Brown
4th March 2022 Apr-22 MTD VAT Changes – Are you prepared?

From 1st April 2022, every VAT registered business will be required to file their VAT returns digitally through HMRC’s Making Tax Digital system.   This means all VAT registered businesses, regardless of their level of turnover, which hadn’t previously been submitting their VAT returns to HMRC via MTD compliant software, will now be required to…

Thomas Carter
17th February 2022 Xero Bank Feeds Status

There have been some ongoing issues with Xero’s bank feeds feature for the last couple of months across the globe, Xero are aware of these issues.   There is a suggestion it could be to do with numerous bugs being the cause as well as the new open banking platform, Tink. We are keeping up…

Benjamin Burtenshaw
17th February 2022 The Perfect App Stack?

With over 1,000 apps available on the Xero App Store alone, it can be difficult to know which apps are best suited to your business.   Whilst every business is unique and will have different requirements, I believe there are two key app types that should always be part of your app selection, or “app…

Ben Kilby
9th February 2022 Government scheme gives discounts of up to £5,000 on accounting software

Small and medium sized businesses are critical to the UK’s economy. As part of the Chancellor’s Plan For Jobs, Help to Grow: Digital has been launched.  Digital software can help build customer relationships to increase sales, manage accounts and finances digitally or make the most of selling online.   Choosing the right platform to use…

Elizabeth Prior
4th February 2022 Xero: How to reconcile your bank

Reconciling your bank account is an important task in managing your businesses finances. This is because, by doing this we are making sure that all business transactions are being recorded and more importantly, you can identify any unusual transactions that may be taking place in your company. Xero has a feature in which you can…

Elizabeth Prior
9th December 2021 Xero: entering invoices and bills and setting up your own invoicing system

Creating invoice templates In Xero you can customise the look of your invoices by using an invoice template. This allows you to add different payment terms and logos, as there is no limit on the amount of invoice templates you can add you can have as many as required for all different customers. Below are…

Ben Kilby
9th December 2021 NEWS: Xero Bank Feed disruptions

Please be aware of the following current bank feed disruptions in Xero, as per Xero’s blog page, with the following banks as of 9th December 2021 :   AIB (UK) (Open Banking) Currently AIB (UK) credit cards are unavailable to connect through bank feeds. We’re looking into getting this reinstated. For now please manually import…

Elizabeth Prior
6th December 2021 How to set up a bank account in Xero

One of the first things you will need to do when starting to use Xero is to connect your bank accounts, this is a relatively simple step by step process.   Step 1: Go to the accounting menu on the top blue ribbon bar and select bank accounts.   Step 2: Click add bank account…