For now, we are only considering extracting profits as salary and/or dividends. Note that when we talk about withdrawing profits from the company, it is easy to assume this will be in cash. This is not necessarily the case. The year-end profits could be represented by cash at the bank, but it is not necessaryContinue reading "Salary and Dividends 2022-23" The post Salary and Dividends 2022-23 appeared first on AI Bookkeeping and VAT for Micro Businesses.| AI Bookkeeping and VAT for Micro Businesses
Cash flow is a concept that we associate in most of the cases with companies and their management. However, it is good that we are clear from the beginning that people also have a cash flow. As entrepreneurs and for the management of personal finances, we should always learn to manage it. But to whatContinue reading "How to manage personal cash flow?" The post How to manage personal cash flow? appeared first on AI Bookkeeping and VAT for Micro Businesses.| AI Bookkeeping and VAT for Micro Businesses
Brexit, or the United Kingdom’s exit from the European Union, has a great impact inour companies. Whatever size they are, Brexit poses a challenge for us in both territories. Our companies must know the effects that this break will entail. They will also have to anticipate changes and take measures that allow them to adaptContinue reading "Tips for small business for Brexit" The post Tips for small business for Brexit appeared first on AI Bookkeeping and VAT for Micro Businesses.| AI Bookkeeping and VAT for Micro Businesses
Digital invoicing has been a benefit for a big companies. But what about small and medium-sized businesses? Is it also for them? It is normal that if you run an SME, you ask yourself this question. Well, if you have a small or medium business, better known as an SME, you will find the sameContinue reading "Making Tax Digital | MTD For Small Business" The post Making Tax Digital | MTD For Small Business appeared first on AI Bookkeeping and VAT for Micro Businesses.| AI Bookkeeping and VAT for Micro Businesses
Privacy and data protection are fundamental rights for you. This guarantees to you, control of those data that can identify you personally. Privacy is one of the top user concerns in the digital age. The circulation of personal data on the internet has created to phenomena such as spam or phishing. This can put yourContinue reading "What is data protection? The 7 principles of data privacy." The post What is data protection? The 7 principles of data privacy. appeared first on AI Bookkeeping a...| AI Bookkeeping and VAT for Micro Businesses
On our previous posts, we have talk about accounting software and their importance for any business from small to big companies. This time we want to show you the benefits and advantages of accounting apps and learn how these tools will make your life and work easier. As your business expands, your financial data growsContinue reading "Benefits of accounting apps – Make your life easier" The post Benefits of accounting apps – Make your life easier appeared first on AI Bookkeeping and VAT ...| AI Bookkeeping and VAT for Micro Businesses
It isn’t easy but there are a lot of ways to take control of your finances and learning how to manage them correctly during and even after this pandemic. It’s important to recognize this is an exceptional situation that has impacted every single person in a several different ways. Restaurants, retailers, and other businesses wereContinue reading "How to manage your finances during COVID-19?" The post How to manage your finances during COVID-19? appeared first on AI Bookkeeping and VAT for...| AI Bookkeeping and VAT for Micro Businesses
A good small business accounting software can provide information in seconds that will help you answer questions like Are we profitable? Should I invest? Should I expand my finances? Would it be OK to cut expenses here? All of it based on the input you supply. Using an accounting software will give you sense ofContinue reading "Do I need accounting software for my small business?" The post Do I need accounting software for my small business? appeared first on AI Bookkeeping and VAT for Micr...| AI Bookkeeping and VAT for Micro Businesses
Technology is an important part of today’s world. The automation of processes through software facilitates many jobs and saves time. Not only that, thanks to software, the margin of error that can be generated from human work is significantly reduced. So, it is not possible to close yourself to the use of new technologies appliedContinue reading "7 Reasons you Should Be Using a Receipt App and Accounting Software" The post 7 Reasons you Should Be Using a Receipt App and Accounting Software ...| AI Bookkeeping and VAT for Micro Businesses
Automation software is part of all business and academic areas. Automation is a bridge to offer a better job in less time.| AI Bookkeeping and VAT for Micro Businesses
