Muressaccounts Co / Bookkeeping
When a supplier sends a single invoice that needs to be split across different cost codes, departments or VAT treatments — and then follows up with credit notes or amended VAT — things can get...
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I often get questions from clients who hold retainers on account in Xero and then need to refund part or all of that retainer. The worry I hear most is: “If I refund this, will Xero create a ghost...
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I often see small business owners get stuck reconciling Stripe payouts in Xero because the numbers on the bank statement don’t line up with the sales recorded in their accounting system. Stripe...
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I want to walk you through how I record and manage a director’s loan account (DLA) so it stays clean, compliant and free from unnecessary personal tax charges. I’ve seen more than one...
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I used to see the same problem over and over when I was bookkeeping for small UK businesses: invoices sent, friendly chase emails ignored, and then a gap of frustrating manual work to recover the...
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I’ve seen too many small businesses treat client retainers as if they were regular sales—posting them straight to income and then wondering why their profit looks inflated until the retainer is...
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Switching accounting software can feel scary — especially when you’ve got years of invoices, customer balances and a library of bank rules you rely on every month. I’ve helped many small...
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I used to dread bank reconciliation. I’d sit with a cuppa and a growing list of unmatched transactions, wondering how I’d ever stay on top of month‑end without spending hours chasing receipts...
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Closing the books for the year as a sole trader with several income streams can feel like juggling flaming torches while standing on a balance beam. I’ve helped many micro-business owners through...
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Keeping VAT, payroll and invoices under control doesn’t have to be a quarterly scramble. Over the years I’ve seen too many small business owners treat bookkeeping as a fire‑fighting exercise...
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