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Understanding Accountancy Terms: Management Accounts

As part of our Understanding Accountancy Terms articles, we explain frequently asked accounting questions. It includes accountancy terms and jargon to help…

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What is an Online Digital Accountancy and How Does It Work?

Online accounting is largely the same as regular accounting. Instead of meeting your accountant and bookkeeper in person, you’ll communicate with them…

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How Do I Choose an Accountant?

The great thing about today’s world is the sheer amount of choice when it comes to choosing an accountant. It only takes…

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Understanding Accountancy Terms: Double-Entry Bookkeeping

Anyone who’s ever run a business or completed a tax return will know just how essential bookkeeping is. Recording the daily transactions…

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Understanding Accountancy Terms: Accruals

How businesses record due payments and expenses looks different for different companies. There are two methods of recording transactions to be aware…

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Understanding Accountancy Terms: Credit Control

All business owners struggle with late-paying customers at some point. It’s stressful, frustrating, and sadly, a pretty common problem. That’s where credit…

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