Has anyone ever used a company called Taxassist accountants Any good?
I'm thinking of going to this large UK organisation called Taxassist.co.uk. They look good but can anyone who knows about them or has used them let me know if they're any good?
Small Business - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Never heard of them so can't comment. But I would always recommend that a business uses a local, friendly Accountant - if you have a problem it is much easier to sort out face to face, and a small company tends to offer a more personal service. It's great to be be on friendly terms with your Accountant - it makes life so much easier, and they will help you with other things as well as tax.
Answer 2 :
I currently use TaxAssist in London Bridge. Although they are a large network, each office is owned by a separate owner so you are dealing with a small local business with the support of a large network. Have been using them for 4 years now. They are local to me and I'm able to pop in to discuss my accounts and sign everything off. I have found them to be reliable and have always been willing to help. Never missed a deadline and they have always provided a friendly service. Chris Director
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Sunday, October 28, 2012
Sunday, October 14, 2012
Anyone know the name of that film where a sporting scout writes a mission statement?
Anyone know the name of that film where a sporting scout writes a mission statement?
Anyone know the name of that film where a sporting scout writes a mission statement? The only things I can remember are him waking in the middle of the night, writing it, having it copied and then everyone clapping him. Then he was on a plane and meets the accountant from the company he works for. Im sure that it began with a shot of the world from outer space of something. Cheers.
Movies - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
JERRY MCGUIRE
Answer 2 :
This is definitely Jerry Maguire - 1997 - starring Tom Cruise, Renee Zellwegger and Cuba Gooding Jr.
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Anyone know the name of that film where a sporting scout writes a mission statement? The only things I can remember are him waking in the middle of the night, writing it, having it copied and then everyone clapping him. Then he was on a plane and meets the accountant from the company he works for. Im sure that it began with a shot of the world from outer space of something. Cheers.
Movies - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
JERRY MCGUIRE
Answer 2 :
This is definitely Jerry Maguire - 1997 - starring Tom Cruise, Renee Zellwegger and Cuba Gooding Jr.
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Sunday, October 7, 2012
How to answer this interview question?
How to answer this interview question?
I am applying for a graduate trainee accountant position and im stuck on ho to answer this question? In a democracy, How do you deal with matters with which you may not agree? Can anyone suggest a inning answer to this question. Thanks in advance.
Other - Careers & Employment - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
im a true believer of democracy so although i would make my opinion clear, i would agree to go with the majority opinion and not let it effect the quality of my work. or something along those lines
Answer 2 :
"I respect the opinions of others and expect the same for my own. If I truly believe in something, I will stand behind it. However, I am an open-minded person who will listen and consider others' opinions and values before I come to a conclusion." This is a fairly straightforward answer. You want to show compassion for others at the same time you want to show decisiveness and confidence. There's some key words in there - listen, open-minded, respect, and even the word expect. Remain confident but compassionate
Answer 3 :
If it's a democracy then you hold a free and fair vote! You campaign for your viewpoint, but if you lose, you accept it with good grace because that's what a democracy is.
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I am applying for a graduate trainee accountant position and im stuck on ho to answer this question? In a democracy, How do you deal with matters with which you may not agree? Can anyone suggest a inning answer to this question. Thanks in advance.
Other - Careers & Employment - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
im a true believer of democracy so although i would make my opinion clear, i would agree to go with the majority opinion and not let it effect the quality of my work. or something along those lines
Answer 2 :
"I respect the opinions of others and expect the same for my own. If I truly believe in something, I will stand behind it. However, I am an open-minded person who will listen and consider others' opinions and values before I come to a conclusion." This is a fairly straightforward answer. You want to show compassion for others at the same time you want to show decisiveness and confidence. There's some key words in there - listen, open-minded, respect, and even the word expect. Remain confident but compassionate
Answer 3 :
If it's a democracy then you hold a free and fair vote! You campaign for your viewpoint, but if you lose, you accept it with good grace because that's what a democracy is.
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Monday, October 1, 2012
What accounts should I use to post the opening balances in Sage for the following?
What accounts should I use to post the opening balances in Sage for the following?
I come across this practical question when going through my Sage course. Enter the following opening balance journal as provided by the accountant. Nominal description Nominal code Machinery 35000 (dr) Machinery Depreciation 15000(cr) Equipment 20000 (dr) Equipment Depreciation 5000 (cr) Opening stock 2500(dr) Prepayment 500(dr) Bank current a/c 2254.24(dr) Petty Cash 100(dr) PAYE liability 334.36(cr) NI liability 519.88(cr) Loan 25000(cr) Capital account 14500(cr) I am not completely sure how this works so I would appreciate if someone could explain all this to me. I know that when using the journal there should be 2 entries one on the debit side and one on the credit side. What I don't know is what is the correspondig account for each nominal account listed. Thank you in advance. Kind regards, Cristina
Corporations - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
There is nothing set in stone that determines the number f entries for the debit side or credit side. The rule is that when making a journal entry the total debits minus total credits must equal zero. You could have an entry that has 100 debit items totaling $500 and only one credit item totaling $500, but the result is $500 - $500 = 0. If I'm understanding your question, the accounts listed above are situations. Also, to show an increase in an asset, expense, or withdrawl you have to debit that account, a decrease is a credit. The exception is when you have an asset contra account. For example, accumulated depreciation is increased with a credit and decreased with a debit. This account pairs with either equipment or building to reduce that account over time. For liabilities, equity, and revenues it's reversed. Credits increase those accounts and debits decrease them. I'll do one because there is certain information left out of the question and you can record things a few different ways. For example: Machinery 35000 (dr) If machinery is debited 35000, then the account has increased. Since there has to also be a credit somewhere, you can assume that either cash was used or you are invoiced. When cash is used: debit machinery 35,000 --- credit cash 35,000 When purchased on account is used: debit machinery 35,000 ---credit accounts payable 35,000 Hope this helps.
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I come across this practical question when going through my Sage course. Enter the following opening balance journal as provided by the accountant. Nominal description Nominal code Machinery 35000 (dr) Machinery Depreciation 15000(cr) Equipment 20000 (dr) Equipment Depreciation 5000 (cr) Opening stock 2500(dr) Prepayment 500(dr) Bank current a/c 2254.24(dr) Petty Cash 100(dr) PAYE liability 334.36(cr) NI liability 519.88(cr) Loan 25000(cr) Capital account 14500(cr) I am not completely sure how this works so I would appreciate if someone could explain all this to me. I know that when using the journal there should be 2 entries one on the debit side and one on the credit side. What I don't know is what is the correspondig account for each nominal account listed. Thank you in advance. Kind regards, Cristina
Corporations - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
There is nothing set in stone that determines the number f entries for the debit side or credit side. The rule is that when making a journal entry the total debits minus total credits must equal zero. You could have an entry that has 100 debit items totaling $500 and only one credit item totaling $500, but the result is $500 - $500 = 0. If I'm understanding your question, the accounts listed above are situations. Also, to show an increase in an asset, expense, or withdrawl you have to debit that account, a decrease is a credit. The exception is when you have an asset contra account. For example, accumulated depreciation is increased with a credit and decreased with a debit. This account pairs with either equipment or building to reduce that account over time. For liabilities, equity, and revenues it's reversed. Credits increase those accounts and debits decrease them. I'll do one because there is certain information left out of the question and you can record things a few different ways. For example: Machinery 35000 (dr) If machinery is debited 35000, then the account has increased. Since there has to also be a credit somewhere, you can assume that either cash was used or you are invoiced. When cash is used: debit machinery 35,000 --- credit cash 35,000 When purchased on account is used: debit machinery 35,000 ---credit accounts payable 35,000 Hope this helps.
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Friday, September 28, 2012
How does one register themselves as self-employed?
How does one register themselves as self-employed?
I want to become a self-employed accountant. I received a conviction last year for paying the wrong fare on the train with intent, but that in NO WAY goes against my integrity as a person, you know, petty crimes like that have been committed by ALL people, just not everybody has been caught. For that reason, I have been considering going self-employed. However, once I achieve a diploma as an accounts technician, how would I set up business?
Small Business - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You need an occupational license from your city and/or county. Register with the state to get a tax ID number. The easiest business to form is a sole proprietorship. Do some research online. Check out legalzoom.com to see the options you have. This site is really helpful and costs a lot less than hiring an attorney to do the work for you. Good luck, hope this helps.
Answer 2 :
All the steps you need to register self-employed are here on the HM Government website http://www.hmrc.gov.uk/selfemployed/iwtregister-as-self-employed.htm Probably worth looking to join one of the professional bodies like the ACCA if you're starting out and want credibilty. http://uk.accaglobal.com/
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I want to become a self-employed accountant. I received a conviction last year for paying the wrong fare on the train with intent, but that in NO WAY goes against my integrity as a person, you know, petty crimes like that have been committed by ALL people, just not everybody has been caught. For that reason, I have been considering going self-employed. However, once I achieve a diploma as an accounts technician, how would I set up business?
Small Business - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You need an occupational license from your city and/or county. Register with the state to get a tax ID number. The easiest business to form is a sole proprietorship. Do some research online. Check out legalzoom.com to see the options you have. This site is really helpful and costs a lot less than hiring an attorney to do the work for you. Good luck, hope this helps.
Answer 2 :
All the steps you need to register self-employed are here on the HM Government website http://www.hmrc.gov.uk/selfemployed/iwtregister-as-self-employed.htm Probably worth looking to join one of the professional bodies like the ACCA if you're starting out and want credibilty. http://uk.accaglobal.com/
Read more other entries :
Friday, September 14, 2012
French for accountant's?
French for accountant's?
I want to say that my friend works at an accountant's, not that she is an accountant, just that she works there. I thought I could say an accounting business, maybe like this: 'entreprise de comptabilité'? That might be completely wrong though, what is the correct way? Thanks!
Languages - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
An accountant's office is 'agence (f) comptable' Elle traville a une agence compatable
Answer 2 :
Elle travaille dans un cabinet comptable. Elle travaille pour des comptables.
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I want to say that my friend works at an accountant's, not that she is an accountant, just that she works there. I thought I could say an accounting business, maybe like this: 'entreprise de comptabilité'? That might be completely wrong though, what is the correct way? Thanks!
Languages - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
An accountant's office is 'agence (f) comptable' Elle traville a une agence compatable
Answer 2 :
Elle travaille dans un cabinet comptable. Elle travaille pour des comptables.
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Friday, September 7, 2012
How accountants can play a vital role in the allocation of support costs in an organisation?
How accountants can play a vital role in the allocation of support costs in an organisation?
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
By providing in depth analysis on the source of the cost object, using the cost behaviour analyis and then provide the understanding to the management. Better understanding on cost can make an impact on the perceived profitability of a product, particularly in a multi product, multi segment environments. Cheers...
Answer 2 :
That is one of the most interesting things that a good cost accountant can do. Accounting is a "relatively" unbiased part of an organization. But the allocation of costs start with a understanding of those costs. At the time that they occur, it is best that they are identified by the cause of the expense. Identifying what the costs are and why they occurred is best as early in the process as possible. Now to segregate them, you can do that with department codes, suffixes, etc. The caution is that you need to make sure that the information is accurate and appropriate. There are often games played by managers. It is also important that you understand the basis on which you are allocating costs. Some need to be on material. Some on labor. Some in overhead allocation. Some should not be allocated at all. It is in identifying and understanding both the reason for the costs and what is the best way to allocate those costs, that the accountant can provide the best information
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Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
By providing in depth analysis on the source of the cost object, using the cost behaviour analyis and then provide the understanding to the management. Better understanding on cost can make an impact on the perceived profitability of a product, particularly in a multi product, multi segment environments. Cheers...
Answer 2 :
That is one of the most interesting things that a good cost accountant can do. Accounting is a "relatively" unbiased part of an organization. But the allocation of costs start with a understanding of those costs. At the time that they occur, it is best that they are identified by the cause of the expense. Identifying what the costs are and why they occurred is best as early in the process as possible. Now to segregate them, you can do that with department codes, suffixes, etc. The caution is that you need to make sure that the information is accurate and appropriate. There are often games played by managers. It is also important that you understand the basis on which you are allocating costs. Some need to be on material. Some on labor. Some in overhead allocation. Some should not be allocated at all. It is in identifying and understanding both the reason for the costs and what is the best way to allocate those costs, that the accountant can provide the best information
Read more other entries :
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