Category Archives: Year-End Preparation Tips

Managing client expectations: How long will it take?

people working in an office with computers

We love working with our clients, but let’s be real – nobody enjoys chasing emails about deadlines. So, to keep things running smoothly, here’s a handy guide on when you can expect your accounts, tax returns, payroll, and everything in between to be completed. Key to Timelines ✅ Timelines below are based on receiving all

Behind the scenes of double-entry bookkeeping with Xero: Why the details matter

bookkeeping

For many small business owners, bookkeeping might feel like a bit of a mystery. You upload receipts, reconcile bank transactions, and assign account codes, but what’s really happening behind the scenes? At DNA, we love pulling back the curtain to show how double-entry bookkeeping – the unsung hero of good financial management – works its

What should your accountant check at Year-End?

year-end check

As the end of the financial year rolls around, it’s super important to make sure your business’s financial records are spot on. This is where your accountant steps in, performing a bunch of key checks to wrap up your accounts. These checks help prepare accurate financial statements and ensure your business stays compliant with the

Bookkeeping Mistakes Every Small Business Owner Should Be Aware Of

bookkeeping mistakes

Bookkeeping is one of those tasks that is crucial to get right for any business, From start-ups to small businesses that have been running for years, the problem of doing it all yourself remains. Margins are often tight, meaning as the owner, you try to do as many administrative and day-to-day tasks as possible. Not

Spring cleaning for the new tax year

new tax year

The new tax year will start on 6th April 2018. Tax years are normally referred to by the two years that they span over, so the new tax year will be “2017/18” and when you’re running your own business, the start of the new tax year can be a great time for some spring cleaning,

This HMRC loophole is a corker!!

All the major retailers have rolled out their festive TV ads, people are bustling about with carrier bags full of presents and rolls of wrapping paper, so that means we are officially allowed to say the “C” word, yes, “CHRISTMAS”!!!! As a business owner, you may well be thinking about how to give something back