Xero

Insights that help your business improve, enhance and grow

Customising your Xero codes and Chart of Accounts

As any business using Xero online accounting will tell you, it’s a brilliant piece of software for getting real-time control over your finances, key numbers and reporting. But to realise the true benefit of this functionality, you’ve got to get your hands dirty and start tailoring the Chart of Accounts and accounting codes in Xero.

Starting Out FAQ’s

Starting out on a new business endeavour can be overwhelming but it doesn’t have to be that way! Partnering up with the right people can help you find your flow and move in the right direction. Starting a new business should be thrilling, even if there is an element of risk involved. Whatever questions you have, we’ve either got the answers or we know who does. Feel free to reach out - it will be the best decision you can make!

How Can Better Bookkeeping Help Your Business?

Bookkeeping is more than just data entry, it’s the blueprint for your business, and needs to be approached with that mindset. Yes, it can be time consuming and it’s certainly not the most exciting part of your business, but only when you have clear and accurate bookkeeping in place can you start to decipher the information to influence real life decisions. 

Taking on an Apprentice? – Here’s What You Need to Know

If you’re looking for young, hungry and talented individuals to help push your business forward, an apprentice might be the answer. Indeed, figures released by the Department of Education earlier this year show a 10% increase in apprenticeship starts between August 2018 and January 2019.

Six Things to Consider Before Hiring New Employees

Whether you’re looking to make a first hire or expand your existing team, recruiting a new employee is a big deal. A well-defined hiring process will save you money, minimise time spent on interviews and most importantly increase your chances of getting the right person in.

FD Works x Yena: Making Tax Digital Webinar

Here at FD Works we recently teamed up with Yena, the Bristol-based startup accelerator to discuss Making Tax Digital (MTD) and what it means for startups and scaleups across the UK.