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10 Reasons Your Business needs a Bookkeeper

10 Reasons Your Business needs a Bookkeeper

As a business owner, are you becoming inundated with tasks that you should not necessarily be responsible for, such as company finances? Well you are not alone. You would be surprised how many business owners we come across that have fallen into that same trap....
Flying High in The Cloud

Flying High in The Cloud

With the increasing demand that new technology can satisfy, it is apparent that data-driven innovation will become even more advanced in the very near future. We live in a world where, within the realm of business, automation is the key to getting things done, so why...
What is Receipt Bank and how can it help your business?

What is Receipt Bank and how can it help your business?

Here at Square Mile Accounting we recommend a system called Receipt Bank to all our clients as an add on to their Xero systems. But what is Receipt Bank and how can it help my business?     In basic terms, it is a system that you can send your supplier...
Our most Frequently Asked Questions (FAQs) on Xero answered! Part II

Our most Frequently Asked Questions (FAQs) on Xero answered! Part II

We often receive the same Frequently Asked Questions (FAQs) about Xero software by both our clients and prospects.  So to help everyone out we are going to be regularly posting them in a blog – along with our answers of course! I have expenses that I want to...
What is a P11D? And do I need to complete one?

What is a P11D? And do I need to complete one?

What is a P11D? The P11D is a statutory form required to be filed with HMRC detailing the cash equivalents of benefits paid to their employees.   Who needs to complete a P11D? Employers who have paid benefits to employees during a tax year need to complete them....