Getting your set up right will save you hours of time and possible avoid you getting into trouble with HMRC.
1. Choose an accounts package that suits you and your business.
2. Make sure your initial set up is correct. You will need to design a chart of accounts which works for your business.
3. Get your opening balances right. Incorrect balances can cause mayhem with your management accounts.
4. Check your VAT set up. Get your returns right from the outset.
5. Get your payroll right. Set up tax codes, auto enrollment and NI correctly from the outset.
With a little bit of advice and help you can make your accounting package set up a success. I can offer training and initial set up in Quickbooks, Sage and Xero. Learning how to get it right from the outset will save you unnecessary accounting bills, or even worse, trouble with HMRC.
Payroll, Bookkeeping, Credit Control Consulting for Small Businesses 