Postponed VAT Accounting is a new option for when you can Account (& pay) your Import VAT for goods imported from anywhere in the world.This was introduced for 1st January 2021. What are the options? You can add the Import VAT to your VAT Statement and pay when that is due (hence the “Postponed VAT” […]
The following video shows how organisations with multiple companies can manage these much more effectively using the CBIZ Business Central extension – Business Companies. The full transcript of the video is below: This is Microsoft Dynamics 365 Business Central. This is the user-friendly interface that finance users will typically see when you log in. If […]
Cbiz today announced a new partnership with the British Aggregates Association as an associate member. This membership enables Cbiz to build upon the existing relationships that the business has developed with our clients within the aggregates industry. The aggregates industry is fast becoming a key sector for the business. Cbiz supports these businesses to utilising […]
After a [socially distanced] visit to a company, we were reminded of how so many businesses rely on a few people who struggle to just about cope with the systems they have in place. Often for many years. An all too common story The situation was familiar, key staff updating a few separate systems – […]
No two ways about it. It is not straight forward to know which Finance solution from Microsoft you should go for by reading the information on Microsoft’s web site. Microsoft Dynamics 365 Business Central does finance as does Dynamics 365 Finance (the names do not help things here either!). Both solutions are: an excellent choice […]
Flexibility is vital in any business, and no more so than in the current economic and political world, we live in. For the first time outside wartime, companies have had to close overnight and try to continue to operate with reduced staff, remote working, dramatically changing customer requirements and supply chain challenges. The finance function […]
Cloud financial management is based upon the concept of managing a business’s commercial activities in “the cloud”. Typically this provides the company with a suite of integrated tools to enable management, reporting, payments, payroll and budgets. Cloud financial management solutions are an integral part of the success of your business in the future. Business is […]
As businesses have been affected by the COVID-19 pandemic, the majority of people are currently working from home. This has led to several challenges for businesses. These include: Companies seeing sudden growth and their accounts software is no longer suitable for their needs Finance teams struggling to manage with systems that cannot cope with remote […]
When you first start your business, accounting systems such as QuickBooks, Xero et al. fit the bill perfectly. However, as your business grows, so do your requirements and needs. This often leads to companies struggling with the limitations of the system that was once a perfect fit. If you feel like QuickBooks is beginning to […]
For clarity Xero is a great accounting solution for small businesses. This blog is not about disrespecting Xero but instead looks at common issues that lead businesses like yours to search for Xero alternatives. The following are common example of when businesses start to struggle with Xero. Legal entities – Xero does not support multi-entity […]