Art, Accountancy and Apprentices come together

Art, accountancy and apprentices are not an obvious match, but on July 17 they came together brilliantly! We formally launched our exciting and unique AAT Flexible Apprenticeship programme at the Brook Gallery, Exeter among art pieces by award winning artists Trevor Price and Mychael Barratt. Guests from regional accountancy firms in the South West, enjoyed […]

Is Your Typical Day in the Office Like This?

A Typical Day in the Office? Actually, not quite, because on Wednesday it was Simon’s Birthday! It was still dark and below freezing outside; one of the cats had left a ‘dead, furry offering’ on the stairs ready for you to step on as you walk half asleep down to the bathroom. Someone forgot to put […]

How to Prepare a Bank Reconciliation

So, how do we prepare a Bank Reconciliation? The cash or bank account in a company’s general ledger is where all of our cash/bank transactions are recorded. So, the payment side of the account will include details of all the cheques we’ve written and payments we’ve made using cash, BACS, Debit cards etc. The receipts […]

How to Correct Accounting Errors Using Journals

Journals – one of the trickiest topics in double entry bookkeeping! Which account gets debited and which account gets credited? There are two types of journals, primary and secondary. Secondary journals are the ones we use to post entries from the Books of Prime Entry into the General Ledger e.g. to post the Cash Payments […]