In simple terms… what is cashflow?

In simple terms… what is cashflow?

Cash flow is a measure of how much cash a business brought in or spent in total over a period. Cash flow is typically broken down into cash flow from operating activities, investing activities, and financing activities on the statement of cash flows, a common...
Employing a bookkeeper – an expense or investment?

Employing a bookkeeper – an expense or investment?

When your business is new it’s an easy decision to want to hang on to any profit rather than spend money on someone else to do your bookkeeping for you.  It may be that your outgoings are small at first but as your business grows keeping on top of finances can be a...
The reality of MTD ITSA

The reality of MTD ITSA

It has not come as a big shock to the accounting world that Making Tax Digital for Income Tax Self-Assessment has been delayed again. This was announced on 19th December – right before Christmas! So, you will be asking yourself the question: What is Making Tax Digital...
Reflecting on 2022…

Reflecting on 2022…

The end of one year and start of a new one is often a good time to reflect on where we have come from and set goals for where we want to be. 2022 saw the birth of Acey Bookkeeping and I could not have imagined finishing the year with the clients we now have, the...