Fresh Financials Blog | Xero Cloud Bookkeeping Specialists
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Bookkeeping, reinvented. Using Xero to manage invoicing, bank reconciliation, bookkeeping and more, backed up with over 20 years of accounting experience.
Fresh Financials Blog | Xero Cloud Bookkeeping Specialists
1M ago
Getting started with online accounting can sometimes seem like a challenge, but this shouldn’t have to be the case – and fortunately, there’s a lot you could keep in mind to help with this decision. Fortunately, our experts here at Fresh Financials are on hand to help with this, and we’ve outlined several key things you should keep in mind to help.
How to Get Started with Online Accounting
Getting started with online accounting understandably feels like a minefield. Luckily, you’re not alone, and our friendly experts have outlined several key things you should know to help. Hopefully, this wi ..read more
Fresh Financials Blog | Xero Cloud Bookkeeping Specialists
2M ago
There are numerous ways that online accounting software can potentially help your business, and keeping these factors in mind could help you find the ideal solutions for your own business’s needs. Fortunately, as experts in the accounting field, our team here at Fresh Financials understand the importance of effective bookkeeping and accounting better than most. As a result, today, we’re looking at how online accounting could help your business (and why this might be a valuable option for your needs).
How Can Online Accounting Help My Business?
There are several ways that online accounting cou ..read more
Fresh Financials Blog | Xero Cloud Bookkeeping Specialists
3M ago
What Should I Ask When Hiring an Online Bookkeeping Service?
With countless online bookkeeping services out there, finding the right solutions for your business can seem tricky. However, there are ways to narrow down your search, and the following questions can help set you on the right path. Namely, you should always ask about the brand’s services, approach to security and accuracy, pricing structure and fees, communication protocols and methods, and past reputation.
#1 What Services Does The Team Offer?
Before you go any further, finding a brand that offers a service that matches your needs ..read more
Fresh Financials Blog | Xero Cloud Bookkeeping Specialists
4M ago
Understanding Tax Deductions
Tax deductions play a crucial role in reducing taxable income, thereby decreasing the amount of tax owed. Deductions are specific expenses that taxpayers can subtract from their income before calculating the tax they owe. Understanding the different types of tax deductions is essential to effectively minimise tax liabilities and maximise savings.
Exploring Common Tax Deductions
There are various types of tax deductions available to individuals and businesses. Common deductions for individuals include those for mortgage interest, charitable contributions, medical ex ..read more
Fresh Financials Blog | Xero Cloud Bookkeeping Specialists
4M ago
We’ve gone from strength to strength, we welcomed 1 more mini team member in April, Emma attended Manchester Pride in August with Xero and not only were we finalists for Xero Bookkeeping Partner of the Year, we only went and brought the title home with us!
We cannot thank you all enough for your continued support for us here at Fresh Financials, we all truly love what we do!
This year we have donated to The Ronald McDonald House Charities rather than Christmas cards and gifts. https://rmhc.org.uk/
We have lots to look forward to in 2024 starting off with our 10th birthday in ..read more
Fresh Financials Blog | Xero Cloud Bookkeeping Specialists
5M ago
Financial accounting and management accounting are two essential branches of accounting with distinct roles. Financial accounting primarily involves the preparation of financial statements to present a company’s financial performance and position to external stakeholders, like investors and regulators. It ensures compliance with accounting standards and regulations. On the other hand, management accounting concentrates on providing internal reports and analysis to aid managerial decision-making. It focuses on tools like forecasting, budgeting, and cost analysis to support internal operations ..read more
Fresh Financials Blog | Xero Cloud Bookkeeping Specialists
7M ago
Xero is more than just accounting software; it’s a powerful tool designed to empower your business financially. With Xero, you can efficiently manage your financial records, from bookkeeping and invoicing to bank reconciliation and expense tracking. Our expert team specialises in harnessing Xero’s capabilities to tailor financial solutions to your specific business needs. We ensure your financial records are not only accurate and up-to-date but also compliant with relevant regulations. This precision forms helps informed decision making and effective financial management, allowing you to alloc ..read more
Fresh Financials Blog | Xero Cloud Bookkeeping Specialists
7M ago
The relationship between a bookkeeper and business owner is a powerful one. We’re privy to the most important, intimate details of a client’s business – their finances. For the business to achieve real success, there needs to be trust, connection and synergy. If those three things exist in the relationship, the business will thrive. To build a truly great relationship with our clients and ensure we have those three things, we know our values need to align.
Our values are woven through who we hire too. As Richard Branson said, “…if you take care of your employees, they will take care of the cli ..read more
Fresh Financials Blog | Xero Cloud Bookkeeping Specialists
7M ago
You know you need some help with your business’ finances. But what kind of help is right for you?
Often, business owners think the most important choice is whether they hire an outsourced bookkeeper or accountant. Really, what’s most important is finding a finance function that meets all your needs, whatever form that takes. Our Fresh Approach to bookkeeping is designed to do exactly that. Here’s how:
You need to keep HMRC happy
Your first priority as a business owner is making sure you’re following all the rules, laws and regulations you need to be. For most, your biggest obligati ..read more
Fresh Financials Blog | Xero Cloud Bookkeeping Specialists
7M ago
When you find a tool that makes doing business easier, more efficient and enjoyable, you don’t keep it to yourself. If you haven’t met already, let us introduce you to Slack: a digital messaging app for businesses. We’ve been using Slack for 4 years at Fresh Financials and it’s become invaluable to communicating and collaborating both internally and with you, our clients.
Here are a few reasons why we love it and use it so much:
It helps us communicate with you
Communication is the foundation of all the work we do here at Fresh Financials. We want to hear about your exciting new ideas for your ..read more