My journey to becoming a bookkeeper

My journey to becoming a bookkeeper

This blog piece is an introduction to Rachael (me), the person behind the name of Independent Bookkeeping, how Independent Bookkeeping came about and why I became a bookkeeper. History I left school with no grades or qualifications and bounced around the hotel...
Dividends Explained

Dividends Explained

Over the last few weeks we have been looking at dividends and how they work! Here is a brief explanation of what they are, how they are processed and how your taxed on them. What are dividends in relation to my company? Dividends are payments to directors and/or...
What does the Profit and Loss Report tell us?

What does the Profit and Loss Report tell us?

The Profit and Loss report for your business simply calculates the difference between your businesses Income and Outgoing transactions and shows whether it is running at a profit or loss for a specified time frame. Unlike the Balance Sheet which provides you with a...