accounting

  1. Suseendaran

    How I automated the mid-month BIK proration nightmare in Xero

    I’m an engineer and accountant, and like many here, I’ve been frustrated with how Xero Payroll handles Benefits-in-Kind (BIK). Specifically, when an employee joins or leaves mid-month, or changes a car/medical plan, Xero doesn't automate the HMRC proration logic. I ended up building a tool via...
  2. ctrlbrk

    "It's an accounting thing, you wouldn't understand..."

    There's a couple of accounting terms that keep tripping me up: Creditors: Amounts Falling Due Within One Year Accruals and deferred income For last year's accounts for my LTD company I had paid my accountant's fee upfront. He put that fee under "Accruals and deferred income" which I thought...
  3. Paul Kelly ICHYB

    Using Wordpress & Woocommerce For Invoicing/Accounting

    My event business is relatively small, under the VAT threshold, and I use cash accounting. I use Kashflow, however, only for raising exhibitor invoices, chasing & taking payments and event/project tracking - I do not use it for my accounts. Invoices tend to be done in bulk (100+) 5 times a...
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