Payroll Year End Tips – Step by step guide

Step 1: Process the last pays for the year – make sure that any electronic and payroll clearing accounts have zero balances.  Make sure that your bank reconciliation is completed and no payroll payments are in there as unreconciled. Step 2: Print  (or PDF and save) the key payroll reports – generally, the reports that I would print would include a payroll summary for the year, a report with details…  Read more

Ostendo and freeway – making business more efficient

What’s all the fuss about? A client recently told us that they had scoured the world looking for a solution to their business requirements and were very surprised to find the solution in Malvern, just around the corner from their business. Freeway is a great app. that can run on your android tablet and phone, allowing users to capture information REAL TIME and have it update Ostendo via the internet,…  Read more

June Preparation for Financial Year End

Normally we do a spring clean, but with business, we need to do a winter clean. .June is the time to do a tidy up for the end of the financial year. So what things should be doing? Make sure that you have maximised your allowable deductions 1. If your business is showing a profit that is going to bring on a tax bill, then you should make sure that…  Read more