Got a question?
We’ve got answers.

We’ve gathered the questions we get asked the most and
our team have written some fantastic resources in response.
Is your question missing? Maybe it’s in our FAQs!

How Will Online Accounting Help My Business?

There are numerous ways that online accounting software can potentially help your business, and keeping these factors in mind could help you find the ideal solutions for your own business’s needs. Fortunately, as experts in the accounting field, our team … Continue Reading

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A Comprehensive Guide To Understanding Tax Deductions

Understanding Tax Deductions Tax deductions play a crucial role in reducing taxable income, thereby decreasing the amount of tax owed. Deductions are specific expenses that taxpayers can subtract from their income before calculating the tax they owe. Understanding the different … Continue Reading

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Xero Bookkeeping Partner of the Year 2023

  We’ve gone from strength to strength, we welcomed 1 more mini team member in April, Emma attended Manchester Pride in August with Xero and not only were we finalists for Xero Bookkeeping Partner of the Year, we only went … Continue Reading

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What is The Difference Between Financial Accounting and Management Accounting

Financial accounting and management accounting are two essential branches of accounting with distinct roles. Financial accounting primarily involves the preparation of financial statements to present a company’s financial performance and position to external stakeholders, like investors and regulators. It ensures … Continue Reading

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What Are The Best Accounting Practices For Your Online Business?

Efficient accounting practices are essential for the success of your online business. At Fresh Financials, we specialise in guiding online entrepreneurs through the intricacies of financial management. We offer expert insights into revenue tracking, expense management, and tax optimisation. With … Continue Reading

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The Importance Of Having a Bookkeeper or Accountant

When considering the importance of having a bookkeeper or accountant for your business, it’s crucial to recognise their valuable role. These professionals bring expertise in financial management and accounting, helping maintain accurate financial records that support informed decision-making. They also … Continue Reading

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What Is Bookkeeping and Why Is It So Important

Bookkeeping is the systematic recording, organising, and tracking of financial transactions within a business. It involves tasks such as maintaining records of income and expenses, monitoring cash flow and reconciling bank statements. While it might seem mundane, bookkeeping is crucial … Continue Reading

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What Is Xero And How Can It Help My Business?

Xero is more than just accounting software; it’s a powerful tool designed to empower your business financially. With Xero, you can efficiently manage your financial records, from bookkeeping and invoicing to bank reconciliation and expense tracking. Our expert team specialises … Continue Reading

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