“Don’t let VAT returns take you away from running your business,” urge Hertfordshire bookkeepers

A Hertfordshire firm of bookkeeping specialists is urging entrepreneurs not to let the onerous administrative requirements of VAT returns bog them down and take them away from focusing on the running of their businesses. Hitchin-based Modina issued the warning just months before a major overhaul of the UK’s system of VAT returns comes into effect[…]

management accounts

Hitchin-based bookkeeping specialists say businesses should not overlook the importance of management accounts

A bookkeeping firm has warned business owners not to overlook the importance of having management accounts in place. Hitchin-based Modina warned that businesses that overlook management accounts could miss out on important opportunities for growth. “Management accounts are a monthly ‘health check’ for businesses,” said Sharon Mordacai, Managing Director at Modina. “The information they provide[…]