Redefining Bookkeeping with Personalised Excellence
Bookkeeping has evolved far beyond traditional ledger entries and basic number-crunching. It has become a strategic tool that provides critical insights into your company’s financial health and future growth. At Ryedaura, we’re proud to be at the forefront of this transformation, redefining bookkeeping through a commitment to personalised excellence. Recently featured on GreatStory, our journey […]...
A Bookkeeper’s Guide to UK Self Assessment: What Figures You Need to Gather
Self Assessment Tax Return Guide If you’re self-employed, a sole trader, or earn income that isn’t taxed at source, completing your UK Self Assessment tax return can feel daunting. At Ryedaura, we specialise in making this process simpler for our clients. We work closely with businesses to ensure they have everything in place to meet […]...
Can I Do Bookkeeping Myself or Should I Hire a Professional?
When it comes to managing your business finances, one of the most pressing questions you may face is whether to handle bookkeeping yourself or hire a professional. Both options have their advantages and disadvantages, and the right choice often depends on your unique situation. Let’s explore both sides to help you make an informed decision. […]...
How Do I Handle Payroll in Bookkeeping
Payroll can be a bit of a challenge, but with the right tools, it becomes much more manageable. Whether you’re using Xero, QuickBooks (QB), or Sage, there are options for managing payroll effectively. Let’s explore how payroll works in these systems and why hiring a professional bookkeeper can make all the difference. Payroll in Xero, […]...
How to Improve Your Bookkeeping Skills
Running a small business comes with many responsibilities, and managing your finances is one of the most important. Bookkeeping is the backbone of any successful business, ensuring that finances are managed accurately, taxes are filed on time, and financial health is maintained. As a small business owner handling your own books, improving your bookkeeping skills […]...
What’s the Difference Between a Bookkeeper and an Accountant?
The roles of bookkeepers and accountants are often confused or used interchangeably. However, these roles are distinct, each with its own set of responsibilities, skills, and functions that contribute to the financial health of a business. Understanding the difference between a bookkeeper and an accountant can help businesses manage their finances more effectively and ensure […]...
What Are the Advantages and Disadvantages of Being VAT Registered
Value Added Tax (VAT) registration is an important consideration for businesses of all sizes. Understanding the benefits and drawbacks can help business owners make informed decisions about whether VAT registration is the right move for their company. Below, we explore the key advantages and disadvantages of being VAT registered. Advantages of Being VAT Registered Improved […]...
What Software Can I Use for Bookkeeping?
As a small business owner, having the right bookkeeping software is important for maintaining accurate financial records and staying on top of your numbers. With so many options out there, it can be overwhelming to choose the best fit for your needs. In this blog, we’ll explore three of the most popular and user-friendly bookkeeping […]...