Blog | JR Management Accountancy

Do we need an accountant or a bookkeeper?

7 December 2023

Most businesses will be advised to engage an accountant to prepare tax returns and Companies House filings. But we are frequently asked by new businesses do they need an accountant, or do they need a bookkeeper. To answer that question, let’s first look at the difference between bookkeepers and accountants. In simple terms, your bookkeeper […]

Why use a local bookkeeper?

30 November 2023

In the digitally driven business world, it can be easy to assume that you don’t need to use a local bookkeeper. However, a local bookkeeper can be an invaluable resource for your business. This blog post explores why businesses should opt for a local bookkeeper rather than relying on out-of-area bookkeepers or automated solutions. Personalised […]

What is cash accounting for VAT?

27 October 2023

Are you a business seeking advice on cash accounting for VAT in Kidderminster or Bromsgrove? As an accountancy practice that provides bookkeeping and VAT services, we regularly receive queries about VAT. This article looks at a specific area, namely cash accounting for VAT. What is cash accounting for VAT? Firstly, here's a quick explanation of […]

What is a cashflow forecast and how can bookkeeping help?

28 September 2023

A cashflow forecast is a financial planning tool businesses and individuals use to project their likely inflows and outflows of cash over a specific period, typically ranging from a few weeks to a year or more in the future. The primary purpose of a cashflow forecast is to predict how much money will be available […]

Is Sage better than Xero for small business bookkeeping?

For businesses across Droitwich and Worcester, the right accounting software can be crucial to their success. In the UK, two popular options are Sage and Xero. Both platforms offer a range of features designed to streamline financial management, but is Sage better than Xero when it comes to bookkeeping packages for small businesses? While several […]

When are P11Ds due? Advice from a bookkeeper

As bookkeepers in Droitwich we are often asked about how and when to file a P11D. The deadline for P11D forms to be filed with HMRC is 6 July, with any Class 1 national insurance contributions (NICs) to be paid by 19 July or 22 July if paid electronically. Your bookkeeper will usually prepare P11Ds […]

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