With the year’s end approaching, you might be considering ways to show gratitude to your team for their hard work. What if you could give them something special without adding to your tax burden? That’s where trivial benefits come into play—a smart, tax-efficient way to treat your employees with small perks that won’t cost you […]
As autumn arrives with its crisp air and changing colours, it’s a natural time for reflection and a chance to set fresh goals for your business before the year wraps up. With just a few months left in 2024, this season offers a unique opportunity to assess where you are, adjust your focus, and realign […]
What Can Cash Flow Predict About Your Business’s Health? As a business owner, you know that your bank balance is an important figure to keep track of. However, it alone does not provide enough information about the overall health of your business. At Queen Accountancy, we prioritise discussing cash flow forecasts with our clients because […]
Journal Entries: The WHY and the WHEN they are required Did you know that in 2023, nearly two-thirds of small business owners attempt to handle their own bookkeeping, yet many of them lack sufficient accounting knowledge? This concerning statistic highlights a critical gap in financial management skills among entrepreneurs. JEs are essential entries made in […]
Do I Need a Bookkeeper in the age of AI ? Imagine a future where your business finances are seamlessly managed by cutting-edge AI, leaving you with ample time to focus on what truly matters – growing your business. But amidst the allure of AI-driven bookkeeping solutions, one question persists: Will anyone still need a […]
I’m fine as I am, thanks Helen There are plenty of small start-ups still wrangling with the decision to have a business banking account, or not. So what is it? Business banking is a type of account offered by banks and financial institutions specifically for business owners. These accounts offer features and benefits that are […]
Hands up if you, as a Bookkeeper or Accountant, have been told that you no longer serve a purpose now that software is here 🙄 I’m not addressing the people in my audience who already have a professional working on their accounts – it would be like preaching to the choir! So, is accountancy another […]
Introduction As we approach the end of another incredible year, it’s time to reflect, celebrate achievements, and set our plans for the future. At Queen Accountancy, we’re proud to work with our clients, and whether you’re a creative entrepreneur, a passionate freelancer, or a proud business owner who feels that maybe 2023/24 could have been […]
Now that we can work with anyone from anywhere… You’ll have more choices for outsourcing. Initially, this can seem quite daunting – especially if you’re used to working with someone “local”. But it can be really exciting for your business. Did you know that Queen Accountancy offers digital bookkeeping support as one of our many […]
Growing your small business is no easy feat, but great accounting practices can make a world of difference. Robust financial management is the key to building a thriving business and ensuring its long-term success. As a small business owner, you need to be on top of your finances at all times. This can be a […]