When small businesses grow, they often have to operate PAYE as part of their payroll and certain tasks need to be carried out each tax month. We thought now was a good time to explain how payroll works. Payroll systems manage everything there is to do with the process of paying employees and filing employment […]
How bookkeeping works can be simply explained as the process of recording all financial transactions made by a business. We as bookkeepers, are responsible for recording, classifying and organising every financial transaction that is made by the business operations. Now at this stage, we must point out that bookkeeping differs from accounting. The accounting process