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Writing receipts of payment has become quite simple. Professional templates and software make bookkeeping as easy as possible. Your receipts are automatically filled in with all the necessary details and are ready for printing. But when is a receipt of payment required? And what…
Africa StudioshutterstockA well-crafted quotation template boosts your chances of converting interested prospects into customers. It’s essential that the quote aligns with their expectations while also ensuring the structure, format, and content are professionally presented. Quote templates for Word and…
G-Stock StudioshutterstockBusiness letters are essential for external communication, such as initiating or managing business relationships. In initial contact, they must provide the recipient with key information about the sender. Legal regulations require specific mandatory details depending on the…
Andrey_PopovshutterstockWhat 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…
Watchara RitjanshutterstockHidden 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…
RomanRshutterstockTrading 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…
Mohd KhairilXshutterstockHow 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…
Andrey_PopovshutterstockInvoices 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…
Zheka6120shutterstockGetting Things Done (GTD) is a productivity and time management system that was developed in 2001 by David Allen and now has a large community of followers. What’s so special about the GTD method? You can apply it to all areas of life to prevent important to-dos from falling…
pinholeimagingshutterstockYour to-do list is not getting any shorter, and you feel like time is slipping through your fingers? If you want to work more productively and efficiently, you should use time management strategies. With proven strategies, tasks can be prioritised, planned, and completed…