If you have regular bank transactions such as parking, bank fees, loan payments and wages, which are not invoiced, you can set up bank rules within Xero to speed up time spent on reconciliation.
Receipt Bank have confirmed that they have rebranded to become Dext!
Wages are one of the highest business expenses and if you wish to have accurate figures in your profit and loss of these expenses the correct way to post these is through a wages journal.
From April 2022, all VAT registered businesses will have to sign up to filing VAT returns digitally.
Last week it was announced that a temporary cut in the VAT rate for certain supplies in the hospitality sector will be coming. Emma takes you through what you need to know