Advice

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How to create your own forum

Looking to create your own forum? Whether you’re aiming to build a small community or a large-scale discussion platform, there are various options available to suit your needs. In this guide, we explore everything from free, hosted solutions to self-hosted forum software,…

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Image: What makes Microsoft Exchange 2019 faster and more secure?

What makes Microsoft Exchange 2019 faster and more secure?

Microsoft has significantly enhanced its widely used and popular mail server software with Exchange 2019, focusing on greater security, improved reliability, and much better overall performance. At the same time, one major feature from previous versions has been completely…

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Image: What is cost of sales? Definition and examplesYuganov Konstantinshutterstock

What is cost of sales? Definition and examples

When it comes to cost of sales, only the direct production costs related to the goods sold are matched against the sales revenue in the profit and loss statement (P&L). These include costs like raw materials and labour. Other operating expenses, such as marketing and…

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Image: How do you record cash discounts? Explanation and exampleAndrey_Popovshutterstock

How do you record cash discounts? Explanation and example

What does an accounting record for a cash discount look like? Once you understand how to record a cash discount, it becomes quite simple. However, the topic can be confusing at first: What about VAT? Should the discount be booked as a price reduction? Should you use the gross or…

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Image: What are hidden assets?Watchara Ritjanshutterstock

What are hidden assets?

Hidden reserves can arise within a company in various ways. Some occur naturally, while others are created either intentionally or unintentionally. While they are usually legal or required by law, these hidden assets can sometimes be used for questionable activities. In this…

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Image: How does AI in customer service work?SFIO CRACHOshutterstock

How does AI in customer service work?

Good support is of great importance to customer satisfaction. Relying on AI in customer service offers companies the opportunity to benefit from a whole range of advantages. We reveal how customer service based on artificial intelligence works, which approaches are used in…

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Image: Loss carryforward and loss carrybackRomanRshutterstock

Loss carryforward and loss carryback

Trading losses can provide significant tax relief for UK businesses. If your company makes a loss, you may be able to offset it against past or future profits to reduce your Corporation Tax bill. In this guide, we explain how loss carryback and loss carryforward work under HMRC…

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Image: Saving taxes: best tips for the self-employedMohd KhairilXshutterstock

Saving taxes: best tips for the self-employed

How can you make the most of tax deductions as a self-employed individual? This article outlines essential tax tips for freelancers and business owners in the UK. Learn about the deductions you can claim, which taxes you need to pay, and how to reduce your tax liability through…

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Image: How to create a private invoice using a templateAndrey_Popovshutterstock

How to create a private invoice using a template

Invoices are primarily known from business transactions. However, private individuals can also issue invoices—for example, when selling a used item or providing a one-time service. It is important to follow certain guidelines to ensure that the private invoice is correct and…

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Image: How does web analysis work, and what are its benefits and goals?Venomous VectorShutterstock

How does web analysis work, and what are its benefits and goals?

What exactly is happening on my site? Which path do users take to navigate from A to B? Where do the visitors come from and why do they leave? Web analytics answers all these questions. With sophisticated technology, web analysis tools like Google Analytics allow you to track…

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