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Depreciation and amortisation in accounting In this post: If you are studying bookkeeping or running a business, you will often come across the depreciation term. It may sound complicated at first, but in this article, you will find what depreciation is, why it matters and how to use it in practice with simple UK-based examples.…
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Bookkeeping for Charity
Did you know that there are more than 170,000 charities registered in the UK, according to the Charities Commission as of 31st March 2025. This number does not include community projects or charities with an income below ยฃ5,000 a year. This blog post highlights Charity Day on September 5th and shares insights from bookkeeping in…
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Quick Fixes 33 – How to delete repeating manual journals on Xero
Steps to Cancel a Repeating Manual Journal I hope you found this tutorial helpful! You can watch a video tutorial below. Subscribe to the channel for useful videos. Have a question? Please send me a Xero question via form.
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Bookkeepers work involves day-to-day management of the incoming and outgoing business transactions. Whilst accountants review data, created by bookkeepers, investigate errors, post manual journals, analyze financial reports and form set of accounts to file with the tax office. Here are a few examples of what can bookkeepers and accountants do, to see the difference in…
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Bookkeeping is a process of recording daily financial transactions into a bookkeeping system. The way of recording transactions can be done either on paper or in digital format. The most common software systems used for bookkeeping are Xero, QuickBooks or Sage.
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Quick Fixes 39 – How to find void or deleted bank transactions on Xero
I hope you found this tutorial helpful! You can watch a video tutorial below. Subscribe to the channel for useful videos. Have a question? Please send me a Xero question via form.
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Quick Fixes 38 – How to login onto Xero without authenticator app (2025)
New Authentication App: I hope you found this tutorial helpful! You can watch a video tutorial below. Subscribe to the channel for useful videos. Have a question? Please send me a Xero question via form.
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Quick Fixes 37 – How to export accounting data from Xero
I hope you found this tutorial helpful! You can watch a video tutorial below. Subscribe to the channel for useful videos. Have a question? Please send me a Xero question via form.
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Quick Fixes 36 – How to solve a bank fee reconciliation paid by a client on Xero
I hope you found this tutorial helpful! You can watch a video tutorial below. Subscribe to the channel for useful videos. Have a question? Please send me a Xero question via form.
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Quick Fixes 35 – How to reset data and change country on Xero (Demo)
Steps to Change the Country Steps to Reset Data 1. Go to My Xero at the bottom.2. You’ll also have the option to reset the demo version.3. Click Reset to clear all data and start fresh. I hope you found this tutorial helpful! You can watch a video tutorial below. Subscribe to the channel for…
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Quick Fixes 34 – How to separate invoices in “dispute” on Xero
Option 1: Grouping Disputed Invoices by Contact Option 2: Using a Tracking Category for Individual Invoices Best for when only specific invoices are under dispute. I hope you found this tutorial helpful! You can watch a video tutorial below. Subscribe to the channel for useful videos. Have a question? Please send me a Xero question…
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Quick Fixes 32 – How to reconcile purchase invoice refund
Case 1: The Invoice Is Not Yet Paid Case 2: The Invoice Has Already Been Paid ๐ Steps to Record the Refund:1. Go to Purchases Overview โ Click “New Credit Note”2. Enter supplier name and refund description3. Enter quantity, unit price, and account category (same as the original invoice)4. Click Approve ๐ Steps to Record…