For many SME owners, the question ‘do I need a bookkeeper or accountant?’ is one that often comes up, especially as the company grows and their financial responsibilities inevitably increase. However, what do we mean by...
Most SMEs use cloud accounting software to help reduce the time, costs, and stress of accounting. At Vanilla Accounting, we are often asked whether it is worth investing in a subscription-based software platform such as...
With over 4 million global users, Xero is the most popular cloud accounting software available and is arguably the go-to platform for SMEs. However, competitors such as Zoho claim...
In an era where accounting software is becoming increasingly sophisticated, many companies are wondering whether it is still necessary to work with an accountant, or if it’s...
With the end of the HMRC 2024-2025 financial year now over, look forward to the rest of the year by staying on top of your books – not simply to maintain compliance but also to...
If your business is VAT registered and imports goods or services into the UK, you could benefit from postponed VAT accounting. In this article, we’ll look at what post VAT...
Administering the company payroll can take up a disproportionate amount of time for small businesses. Even running a payroll for a few employees can entail a significant...
Xero is a powerful and intuitive accounting platform designed to streamline financial management for businesses of all sizes, and comes with a wealth of features including...
Choosing the right accounting software for your business model is crucial to its success story. For established SMEs, the choice usually comes down to a two-horse race between...
