• How To Incorporate Your Business As a Limited Company

How To Incorporate Your Business As a Limited Company

  • December 1st, 2015

If you are trying to set-up company in the simplest most common format, then this is a straight-forward process. The the simplest most common format is: forming a private Limited Company with an appropriate company name, limited by shares, using the Standard Articles of Association, nominating at least one person as a director, at least one as a shareholder (often the same person(s)), a simple statement of capital and with no need to appoint a Company Secretary.

  • Best Bank Feeds in Xero

Best Bank Feeds in Xero

  • December 1st, 2015

Bank feeds let you automatically import account transactions into Xero from your bank or other financial institution. Once bank feeds are up and running, you'll no longer need to download and import bank statements to get transactions into Xero. There are three types of bank feeds with Xero: direct and two third-party feeds, Yodlee and Paypal. The best feeds are direct feeds. Once set-up with your bank, the feed automatically populates Xero with your transaction information. See here for an up to list of UK banks with direct feeds, as of December 2015, it includes Barclays, HSBC, Metrobank, Natwest, RBS, Santander, Solicon Valley Bank. The major banks in this list tend to charge £3 per month for the feed. Notably Metrobank is only £1 per month and has a faster, online application process.

  • Easily Reduce Your Book-keeping By 75% Using Xero

Easily Reduce Your Book-keeping By 75% Using Xero

  • December 1st, 2015

Book-keeping is a bane! The Xero bank feed makes it as easy as it can be. Just click on the reconciliation, the feed automatically brings in the transactions from your bank account and Xero makes its easy to create the equivalent transactions in Xero. It really is that easy, in fact it gets easier as Xero learns to anticipate how you want to pre-populate the equivalent transactions. Many of our clients expected to have to create transactions for Xero to find for the reconciliation - this is not the case! Watch the video below to see what we mean.

  • Setting Up Regular Direct Debits With Your Customers

Setting Up Regular Direct Debits With Your Customers

  • December 1st, 2015

For a start-up business this is a nice problem to have: how to set-up recurring payments with customers. We recommend Gocardless for small businesses. Gocardless is easy to set-up both as the company needing to direct debit clients and for clients agreeing to be direct debited, and setting up payment plans is easy too, for instance to invoice a set amount on a monthly basis. The fees are 1% per transaction, capped at £2.

  • Connect Your Bank Account With Xero

Connect Your Bank Account With Xero

  • October 8th, 2015

When you connect your bank account and Xero it really simplifies and automates so much of the data entry in recording your finance data. The connection creates a 'bank feed' for Xero to receive all the bank transactions. After that Xero provides an excellent reconciliation service to process all the transactions quickly.

  • Budget March 2015

Budget March 2015

  • March 22nd, 2015

Here’s a summary of March 2015 Budget.

PERSONAL TAX & MISCELLANEOUS MATTERS

Personal Tax […]

  • Sapien Accountants is half the price of KPMG

Sapien Accountants is half the price of KPMG

  • November 10th, 2014

KPMG have announced a service for small businesses incorporating Xero software. KPMG charge £150 per month while Sapien Accountant's only charge £59. At Sapien Accountants, we help small businesses grow and save money.

  • Our Favourite Internet Services by Sapien Accountants

Our Favourite Internet Services by Sapien Accountants

  • November 4th, 2014

We like to share ideas to help businesses work successfully. Here are some internet services that we find very useful: Evernote, Lastpass, Toodledo, Feedly, Dropbox, Wordpress, Zoho CRM, Mailchimp, Xero, and Skype. Oh, and we threw in Spotify too.