by admin | May 17, 2021 | Accounting
What is the difference between profit and cash? Cash and profit are two important elements of any business. Cash is measured by the cash position and cash flow statement, whereas profits are displayed in the company’s profit and loss (P&L) statements. ...
by admin | May 12, 2021 | Accounting
Understanding your Profit & Loss (P&L) Statement Your Statement of Profit & Loss (P&L), or Income Statement, displays the overall performance of your business over a specific period. Usually this is a month, quarter, or financial...
by admin | May 5, 2021 | Accounting
Am I affected by the Domestic Reverse VAT Charge? We’ve been talking to our clients about the domestic reverse VAT charge (DRC) for building and construction services for some time now. However, with queries still coming through from prospective clients we...
by admin | May 3, 2021 | Accounting
Your business team is the most important asset and why you should get to know them better. A small business is only as good as the team within it. How many times have we had great support from a local business team, usually because the team are tightly knit and work...
by admin | Apr 6, 2021 | Accounting
They say good things come in threes, and we couldn’t agree more! BAS Associates have expanded; we have grown our client base overnight, our team has grown by 2 oh and we have a new office location!… But don’t worry we’re still the same BAS...
