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Cloud Accounting

Friend & Grant Chartered Accountants have been helping small and medium sized businesses in the Medway towns and North Kent for over 20 years

18th October 2023

October 2023 Newsletter

Updates for October 2023 including: The importance of accurate forecasting and utilising cloud accounting software. Associated companies and quarterly corporation tax payments. The upcoming budget report and rumours surrounding IHT.

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29th June 2023
8 Tips to help you spend less time on your bookkeeping Friend & Grant Accountants

8 Tips to help you spend less time on your bookkeeping

The demands of running a business are high, could you be missing an opportunity to work smarter and not harder on your bookkeeping? We share our 8 top tips to help you to spend less time on your bookkeeping,

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26th May 2023
Getting the most from your accounting software Friend & Grant Accountants.

Getting the most from your accounting software

Many businesses are keen to find efficiencies, streamline processes and drive profit and productivity, is the answer in your accounting software?

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20th December 2022
Making Tax Digital – Are You Ready? Friend & Grant Accountants

Government delays Making Tax Digital for Income Tax Self-Assessment until April 2026

Making tax digital was scheduled to start in April 2024 for businesses, self-employed individuals and landlords with income over £10,000. That has now been delayed and the income threshold raised.

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22nd December 2022
5 Invoicing Tips to Get Paid Faster by your Customers Friend & Grant Accountants Cloud accouting experts

5 Invoicing Tips To Get Paid Faster By Your Customers

We look at how effective invoicing and how automated systems can help you to get paid faster by your customers.

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17th October 2022
What software should I use for MTD? Friend & Grant Accountants

What software should I use for MTD?

There are hundreds of software packages on the market. Our team at Friend and Grant have tried quite a few and based on our findings we have taken the decision to encourage our clients to use Xero, although we also support QuickBooks and SageOne.

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14th October 2022
Making Tax Digital for Income Tax is fast approaching... Are YOU ready? Friend & Grant Accountants

Making Tax Digital for Income Tax is fast approaching... Are YOU ready?

From 6 April 2024 millions of self-employed businesses and landlords will need to adhere to HMRC’s new MTD for Income Tax rules. So, the question is, how can you best prepare for the changes?

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24th August 2020
Have you felt the force of the digital age in your finance department? Automation Friend & Grant Cloud Accountants

Have you felt the force of the digital age in your finance department?

Automation can prove beneficial for businesses, but what’s involved and where do you start?

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3rd August 2020

What next for Making Tax Digital?

The government has updated their Making Tax Digital project and this is likely to affect all businesses in some way!

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8th June 2020
Cashflow problems? How do I build a better credit control system? Friend & Grant Accountants

Cashflow problems? How do I build a better credit control system?

Cash is king! In bad times there isn’t the luxury of being slack with extending credit to customers. For many businesses poor cash collection is the difference between life and death. Here are 15 easy steps to building a better credit control system and improving cashflow management.

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28th May 2020
Our 10 point plan to survive and thrive in the current environment Friend & Grant Accountants

Our 10 point plan to survive and thrive in the current environment

Everything has changed. For many businesses the coming months will be a real challenge. With the removal of lockdown and a deep recession many businesses will not survive. If you have been adversely impacted by Covid 19 here is our 10 point plan to not only survive but more importantly thrive.

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20th May 2020
Did you know we offer virtual training for your Cloud Accountancy System? Friend & Grant Accountants

Did you know we offer virtual training for your Cloud Accountancy System?

We understand that the majority of businesses are operating differently. Our virtual approach to providing you with support and training on cloud accounting solutions means that your finance function does not have to stop.

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15th April 2020
Are you using the best software for your property rental business? Friend & Grant Accountants

Are you using the best software for your property rental business?

Working in the property industry can be a minefield with all the various accounting regulations that need to be followed. This can be made easier with a good record keeping system that works for your business and keeps you compliant!

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14th April 2020
How to use Technology to Reduce Debtor Days Improving Cash Flow Friend & grant Accountants

How to use Technology to Reduce Debtor Days and Improve Cash Flow

Cash flow is king in any business. Yet cash flow is one of the areas that many businesses struggle to manage. We explain ways in which you can use systems to help chase your debts more efficiently.

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8th August 2019
5 Minute Guide to Open Banking Friend & Grant Accountants

5 Minute Guide to Open Banking

New EU standards, due to take effect from 14 September 2019, will change the way some banks connect to your accounting system. To comply with the new requirements, many of the existing bank feeds will be replaced by new direct bank feeds using Open Banking.

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23rd April 2019
How to stay productive when Travelling Using a Cloud Accounting App Friend & Grant Accounting

How to Stay Productive When Travelling

Business travel can be a real nuisance and unless you’re driving it should be really productive time. Here are our tips on How to Stay Productive when Travelling

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14th February 2019
Making Tax Digital - 5 Things To Do To Be Compliant Friend & Grant Accountants

Making Tax Digital – Two months to go!

In a little under two months, the majority of VAT registered businesses with turnover exceeding the £85,000 threshold will be required to file VAT returns digitally.

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17th January 2019
Xero Gold Partner Friend & Grant Cloud Accountants

Friend & Grant Achieves Gold in Cloud-Based Accounting

Friend & Grant are delighted to achieve Gold Champion Partner status with Xero, the global leader in cloud accounting software. With intuitive real-time, integrated software, more and more of the firm’s clients have been taking advantage of the flexibility and benefits that cloud accounting has to offer.

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16th January 2019
Making Tax Digital – Are You Ready? Friend & Grant Accountants

Making Tax Digital – Are You Ready?

From April this year, for the 2.55 million VAT registered businesses with a turnover exceeding the £85,000 VAT threshold, it will be mandatory to file VAT returns through Making Tax Digital compliant software and not via the current HMRC portal.

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4th January 2019
Does Every Client Deserve Credit Terms Friend & Grant Accountants

Does Every Client Deserve Credit terms?

Most business failures could be avoided with a little care and attention. No one has the right to credit so don’t give it away unless clients have earned it. Read our tips and make sure your cash flow and your business doesn’t suffer.

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9th October 2018
Making Tax Digital - 5 Things To Do To Be Compliant Friend & Grant Accountants

Making Tax Digital - 5 Things To Do To Be Compliant

Despite there being no public news announcements from HMRC, like the TV advert about Auto-Enrolment with the 10ft furry monster, Making Tax Digital (MTD) for VAT is still going ahead from 1 April 2019. MTD for VAT will affect almost all VAT registered businesses in some way, meaning there could be more work to do...

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Are you hungry for success? If you run a small to medium size business and you want to grow your sales, increase profitability and pay less tax then you have come to the right place.