Accounting
Gravitate partners with businesses to simplify and optimise their accounting processes. These blogs explore key accounting challenges, regulatory changes, and strategies to improve financial clarity and efficiency.
By the end of this blog, you will fully understand why your accountant needs receipts and how to make the process easier.
Business reporting covers a lot of different areas, including tax obligations, statutory accounts, and internal reports.
People often confuse profit and cash flow because they both relate to money in a business. Here's what you need to know about each!
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What are the differences between an accountant and an outsourced FD, and which does your business need?
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Tom Hasted breaks down some of the key features and benefits of FreeAgent for Business users.
Bank reconciliation is the process of comparing a company’s bank account records with its corresponding bank statements to ensure they match
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While a system-wide failure of Xero is highly unlikely, yours and your clients’ financial data is too important to leave to chance.
If you know how to read them closely, even basic statutory reports like a balance sheet can tell an important story.
Two common options business owners take are a Partnership or a Limited Company. Both have their pros and cons.
Payments on Account are advanced payments that you make towards your self-assessment tax bill for a given year.
An area that will be impacted by the Employers NI increase is the cost of providing Benefits in Kind (BIKs) for employees.
A care home business audit is a high-risk, complex process. Automation can make this far more manageable and efficient for both parties.
Digital accounting can make your care home business more efficient as operating and staffing costs rise.
The Financial Controller is an operational role, while the Finance Director is more strategic. Here are the other key differences.
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Being audit ready involves accurate and accessible financial records and processes that comply with UK regulations.
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The right software is a powerful tool for managing your finances, ensuring compliance, and making informed business decisions.
These roles involve tailored financial support to businesses without a full in-house finance function, but they are actually quite similar.
A Financial Controller plays a vital role in financial health and efficiency but also keeping your business out of regulatory hot water.
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An FD is a key role in a growing business, but it may not be appropriate for all companies. This is where outsourcing is a valuable option.
Digital Accounting takes traditional accounting practices and harnesses the latest technologies to make things faster and more precise.
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