Xero – How to produce invoices in Xero

Xero – How to produce invoices in Xero

How to produce invoices in Xero This is the step by step process of how to produce invoices in Xero. First you’ll want to select Accounts – then Sales to get to the Sales Dashboard At a glance here you can see how much money you are expecting to come in...
Xero – How to do a bank reconciliation in Xero

Xero – How to do a bank reconciliation in Xero

Xero – How to do a bank reconciliation in Xero Firstly, you will either need to connect Xero to your bank or import bank statements to Xero. Once that is done, from your Dashboard select “reconcile”   Xero remembers the last time you reconciled...

Best bank for Profit First UK

I am often asked what the best bank for Profit First UK is. The short answer is, that there is not really a best bank for Profit First UK! But there is a good way to set up the type of accounts that will work with UK banking (and limit the bank fees that you are...
What happens if my VAT Return is late?

What happens if my VAT Return is late?

For most businesses, you will (if you are VAT registered) need to submit a VAT return every 3 months.  HMRC allocate your VAT quarters so you will have to look at your VAT registration certificate to determine which quarters you have been allocated.   The VAT...
How to tackle the debt in your business

How to tackle the debt in your business

It is very common, particularly when people start their business, that they incur debt. If that is you, and you are fed up with it, you are ready to really start paying it off, and not have it pulling you down…then read on.   I also want to add at this point, there is...