What does the Cash Flow report tell us?

What does the Cash Flow report tell us?

A Cash Flow Statement/Report shows you how much cash is generated and used during a specific time frame within your business. It shows how cash is used in three main areas, Operating Activities, Investing Activities and Financing Activities, showing the total cash...
What does a Balance Sheet report tell us?

What does a Balance Sheet report tell us?

At Independent Bookkeeping (like all bookkeepers and accountants), we often provide our clients with multiple reports on a monthly/Quarterly or Annual basis, depending on the requirement. These reports are normally the Balance Sheet, Cash Flow Statement and the Profit...
HMRC Furlough update coming into force July 2020

HMRC Furlough update coming into force July 2020

Employees can start returning to work on a part time basis. HMRC will pay Employers 80% of the wage to allow Employees still to make up the full-time wage. This is only an option and full-time furlough is still an option for those that have been furloughed on or...
A Guide for the Self Employed

A Guide for the Self Employed

This guide has been put together to help you with regards to starting your own bookkeeping for your business, assuming that you are keeping your own records initially or plan to do so for the future also. From how to register as self-employed to what costs you should...