T: London: 0203 282 7109   St Albans: 01727 236 511 E: enquiries@squaremileaccounting.co.uk
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 receipts and...
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.   Who...
Why good bookkeeping is key to your business

Why good bookkeeping is key to your business

In the early stages of owning a business, many people find they also have to be the bookkeeper. This can mean less time spent doing what you love. Even if you have a dedicated bookkeeper, finding a way to stay on top of the latest numbers can be tricky. Your...
Why your business should use online invoicing

Why your business should use online invoicing

It’s vital that the invoicing software your business uses is a sound investment. After all, it can determine whether or not your business establishes and maintains a healthy cashflow. Invoicing shouldn’t be tedious or complicated Everyone knows a smooth billing...