All posts tagged with 'accounting'
In light of the Coronavirus events, the UK Government put in place a few measures to help businesses during those uncertain times. At FreeAgent, we quickly adapt to help businesses during this crisis. Our goal is to keep you up-to-date with the government support available. HMRC’s Job Retention Scheme Announcement - allowing employers to furlough employees and claim 80% of their wages plus any National Insurance and pension contributions -… Continue reading
The phrase ‘practice insights’ was something that I heard very often in my first couple of weeks at FreeAgent, between wrapping my head around the data model and trying hard to remember everyone's names. The reason I mention it in the context of the first couple of weeks is because at that point I didn’t fully know what it meant. Of course I knew what the words meant, and I… Continue reading
At FreeAgent we deal with a lot of accounting data - every invoice, bank transaction, expense and VAT return in the system must be processed, and its tax and accounting effects calculated and recorded. In the early days of FreeAgent this was something that was baked directly into the business objects – reporting data was pulled directly from the day-to-day business records. As the number of users grew and the… Continue reading