March 2020 - Page 2 of 4 - Chartered Accountancy Firm | Tax & Audit | Financial Planning

Monthly Archives: March 2020

Accountants for start-up businesses – What they do!

Posted on March 25, 2020 by CBA in Blog

Accountants do tax and compliance work – we all know that. But the best ones do so much more. They’re excellent trouble-shooters and strategic advisors for small to medium businesses. Accountants do more than you think. They can give you strategic advice and come up with clever ways to save money or boost revenue.

5 things you didn't know accountants could do

Launch your start-up:

Starting a new business can be exhilarating, but it takes more than one good idea. You need to know it will make money. You also need to convince investors and lenders of the same thing.

Help with businesses plan of action:

Sometimes it’s hard to know where to focus. Accountants can help you figure out what’s important. They’ll work with you to set goals – personal, professional and financial...

Importance of Bookkeeping Services for Property Owners

Posted on March 24, 2020 by CBA in Blog

Bookkeeping refers mainly to the record-keeping aspects of financial accounting and involves preparing source documents for all transactions, operations, and other events of a business or property owner. Whether you have one property in your portfolio or hundreds, you must keep accurate records of all in-comings and outgoings relating to your portfolio. These records are used to calculate how much tax you owe. ''What if I don't keep my accounts up to date? How will this affect me?''

Here are some ways to make sure your bookkeeping is always up-to-date

Pay Close Attention to Receivables

Managing your receivables isn’t quite as much fun. When an invoice is issued, you record a receivable, meaning you log that a customer owes you money. By checking this listing you are able to easily see if a customer has an outstanding balance.

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