#accountancyjargon search results

You'll remember we featured a blog all about those tricky accountancy terms a few weeks ago... Well, you'll probably know but there's quite a few, so much so, here's another one! buff.ly/3VYgCdF #AccountancyTerms #AccountancyJargon

We have consolidated a list of all the accountancy terms for SMEs you could possibly need in our latest blog....have a read and refer back to it as and when you need. buff.ly/3z6VWYZ #AccountancyJargon #SMEAccountancyHelp #AccountancyTerms

Have you ever had a meeting with your accountant and heard them they say a bunch of random words that you don't understand? Read part 1 of our ‘accountancy jargon’ series to help you out: robson-laidler.co.uk/accountancy-ja… #accountancyjargon #financeexplained #accounting

#ChesterAccountants #WrexhamAccountants #AccountancyJargon

Year End is the closing period of a company’s account year, falling on the anniversary of the end of the month that the company was incorporated. Fortify | Part of your team fortifyconsultants.co.uk #fortify #YearEnd #Accountancyjargon

What is a ‘self-assessment tax return’? If you are self-employed, have other complex income, or HMRC request it from you, you’ll need to fill one of these in. It allows HMRC to collect income tax. Fortify | Part of your team #Fortify #AccountancyJargon #HMRC #SelfAssessment

Deferred Income: Where someone has paid you or been invoiced in advance of work being done. This is a liability as the sale is recognised, but the costs aren’t yet incurred. fortifyconsultants.co.uk #Fortify #AccountancyJargon #DeferredIncome

Contribution is effectively the gross profit on each sale. These contribute towards the fixed costs/overheads. fortifyconsultants.co.uk Fortify | Part of your team #Fortify #Contribution #AccountancyJargon #Accountancy

Equity is the bottom half of a balance sheet and is the funds attributable to the shareholders and typically includes the share capital plus retained profits. This should equate to your net assets. fortifyconsultants.co.uk #Fortify #Equity #AccountancyJargon #Finance

Prepayment is something you have been invoiced for but have not yet received the benefit. Examples include insurance paid upfront or software licences invoiced in advance—the opposite of accruals. fortifyconsultants.co.uk Fortify | Part of your team #Fortify #AccountancyJargon

What are liabilities? A debt the business owes that should lead to funds flowing out of business—opposite of assets. fortifyconsultants.co.uk Fortify | Part of your team #Fortify #Liabilities #AccountancyJargon

A bond is a form of debt investment and is considered a fixed income security. An investor loans money to an entity with the promise of receiving their money back plus interest. fortifyconsultants.co.uk Fortify | Part of your team #Fortify #AccountancyJargon #Bond #Investor

A balance sheet (aka BS) is a financial report that summarises a company's assets and ownership interest at a given time. fortifyconsultants.co.uk/contact/ Fortify | Part of your team #Fortify #BalanceSheet #AccountancyJargon

"Would you like the pie charts to be monthly and year to date?" *maths face* #accountancyjargon

"Are we talking about the budget plus the variance plus the actual?" *maths face* #accountancyjargon #kilkmenow

@RozzerG ha!Out of trouble but guaranteed a complimentary head& brainache after meeting! #accountancyjargon #vatattack #sageshenanigans #fun

Weer back @home na een pittige informatiemiddag, een hoop dingen gehoord ... even wennen aan het #accountancyjargon!

What is a ‘self-assessment tax return’? If you are self-employed, have other complex income, or HMRC request it from you, you’ll need to fill one of these in. It allows HMRC to collect income tax. Fortify | Part of your team #Fortify #AccountancyJargon #HMRC #SelfAssessment

Prepayment is something you have been invoiced for but have not yet received the benefit. Examples include insurance paid upfront or software licences invoiced in advance—the opposite of accruals. fortifyconsultants.co.uk Fortify | Part of your team #Fortify #AccountancyJargon

A balance sheet (aka BS) is a financial report that summarises a company's assets and ownership interest at a given time. fortifyconsultants.co.uk/contact/ Fortify | Part of your team #Fortify #BalanceSheet #AccountancyJargon

What are liabilities? A debt the business owes that should lead to funds flowing out of business—opposite of assets. fortifyconsultants.co.uk Fortify | Part of your team #Fortify #Liabilities #AccountancyJargon

Equity is the bottom half of a balance sheet and is the funds attributable to the shareholders and typically includes the share capital plus retained profits. This should equate to your net assets. fortifyconsultants.co.uk #Fortify #Equity #AccountancyJargon #Finance

A bond is a form of debt investment and is considered a fixed income security. An investor loans money to an entity with the promise of receiving their money back plus interest. fortifyconsultants.co.uk Fortify | Part of your team #Fortify #AccountancyJargon #Bond #Investor

Contribution is effectively the gross profit on each sale. These contribute towards the fixed costs/overheads. fortifyconsultants.co.uk Fortify | Part of your team #Fortify #Contribution #AccountancyJargon #Accountancy

Deferred Income: Where someone has paid you or been invoiced in advance of work being done. This is a liability as the sale is recognised, but the costs aren’t yet incurred. fortifyconsultants.co.uk #Fortify #AccountancyJargon #DeferredIncome

Year End is the closing period of a company’s account year, falling on the anniversary of the end of the month that the company was incorporated. Fortify | Part of your team fortifyconsultants.co.uk #fortify #YearEnd #Accountancyjargon