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A ROUNDUP OF SEED ACCOUNTING SOLUTIONS' MOST FREQUENTLY ASKED QUESTIONS

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How do I add a Loan Account to Xero?

If you have taken out a loan in your business, you will need to set up a new code for it in Xero. It is always […]

What is Accounts Receivable?

Accounts Receivable is an accounting term. It refers to money owed to the business from customers, or debtors, at a specific date. These figures can arise […]

What is Accounts Payable?

Accounts Payable is an accounting term. It can also be called Creditors, Trade Creditors Accounts Payable refers to the money a business owes to its suppliers […]

What businesses do we work with?

At Seed Accounting Solutions, we don’t work with construction, retail, hospitality and property investment businesses. This is for a variety of reasons. We also do not […]

What are Trivial Benefits?

Trivial Benefits are gifts, or benefits, given to employees of a Limited Company that have a value of up to £50. There are several conditions applied […]

Do I need to declare income received from renting a room in my property?

If you choose to rent a room in your property under the Rent a Room Scheme, you can earn up to £7,500 per tax year and […]

Can Seed Accounting Solutions register me for self assessment?

Yes we can! We are often asked if we can register people for self assessment. This might be because they have started earning employed income over […]

Why is using software better for my sole trader business?

We recommend using software even if you are self employer (or a freelancer, or a sole trader, or a solopreneur – whatever you wish to call […]

Why do I have two Corporation Tax Returns in my first year?

In your first year as a limited company, you will have two corporation tax returns to prepare and submit. This is because a Corporation Tax period […]

Why do I need to provide you with bank statements for my accounts/tax return?

When we prepare a set of accounts, we will always ask you for bank statements. In fact, when we ask this question, we are requesting bank […]

What is a P11d?

A P11d is a HMRC form used by an employer to inform HMRC of any expenses and benefits that an employee has received throughout the year. […]

What information is needed to complete the employment section in the Self Assessment Tax Return?

If you are employed, and have to submit a self assessment tax return to HMRC each year, there is certain information that we will require in […]

How do I add a Loan Account to Xero?

If you have taken out a loan in your business, you will need to set up a new code for it in Xero. It is always […]

What is Accounts Receivable?

Accounts Receivable is an accounting term. It refers to money owed to the business from customers, or debtors, at a specific date. These figures can arise […]

What is Accounts Payable?

Accounts Payable is an accounting term. It can also be called Creditors, Trade Creditors Accounts Payable refers to the money a business owes to its suppliers […]

What businesses do we work with?

At Seed Accounting Solutions, we don’t work with construction, retail, hospitality and property investment businesses. This is for a variety of reasons. We also do not […]

What are Trivial Benefits?

Trivial Benefits are gifts, or benefits, given to employees of a Limited Company that have a value of up to £50. There are several conditions applied […]

Do I need to declare income received from renting a room in my property?

If you choose to rent a room in your property under the Rent a Room Scheme, you can earn up to £7,500 per tax year and […]

Mindset: The 7 Habits of Highly Effective People

The 7 Habits of Highly Effective People is a model developed by Stephen Covey to help us become the best version of ourselves. Covey believes that […]

10 Strategies for Efficient Time Management

Time is a precious commodity for any business owner. In the fast-paced world of entrepreneurship, managing your time effectively can make the difference between success and […]

Streamlining Your Business: 5 Effective Decluttering Strategies

In the fast-paced world of business, staying organised and efficient is essential for success. Just as decluttering your living space can lead to a clearer mind, […]

Mindset: SMART Goals

Many of us know the importance of setting goals, but what is really important is making sure they are SMART goals. SMART Goals ensure you have […]

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Knowledge base

A ROUNDUP OF SEED ACCOUNTING SOLUTIONS' MOST FREQUENTLY ASKED QUESTIONS

How do I add a Loan Account to Xero?

What is Accounts Receivable?

What is Accounts Payable?

What businesses do we work with?

What are Trivial Benefits?

Do I need to declare income received from renting a room in my property?

Can Seed Accounting Solutions register me for self assessment?

Why is using software better for my sole trader business?

Why do I have two Corporation Tax Returns in my first year?

Why do I need to provide you with bank statements for my accounts/tax return?

What is a P11d?

What information is needed to complete the employment section in the Self Assessment Tax Return?

latest knowledge base

How do I add a Loan Account to Xero?

What is Accounts Receivable?

What is Accounts Payable?

What businesses do we work with?

What are Trivial Benefits?

Do I need to declare income received from renting a room in my property?

recent blog topics

Mindset: The 7 Habits of Highly Effective People

10 Strategies for Efficient Time Management

Streamlining Your Business: 5 Effective Decluttering Strategies

Mindset: SMART Goals

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