February 2021 | WCS Devon Somerset Accountants

Xero accountants and advisors

info@wessexcommercial.com

Photo from the Hinkley PSG website showing macbook with management information / management accounts

22nd February 2021

Why your management accounts are more valuable than your year-end accounts

We look at the difference between year-end and management accounts, and how they can help you plan ahead. Read More >

Photo of lightbox saying 'Time for Change' - changing accountant?

8th February 2021

It’s not easy changing accountant in a pandemic

When everything else is still changing around you, why change your accountant? Read More >

Photo of person holding ipad using Xero

1st February 2021

10 things you didn’t know Xero could do!

It's easy to use Xero, but are you getting the most out of it? We share some features you may not be aware of. Read More >

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We've been looking at Domestic Reverse Charge in d

We've been looking at Domestic Reverse Charge in detail recently, finding out what it is, and whether it will apply to you. But the *big question* is what do you need to do?

#WCSnotjustaccountants #reversecharge

"My motivation is to ensure the next generation re

"My motivation is to ensure the next generation really understands how their business makes money, and the steps they can take to increase profit and cash in their business", Graham, Managing Director

We know business owners are working harder than ever. But will this hard work increase cash and lead to improved profits and dividends?

#WCSnotjustaccountants
#Yeovil #Taunton #Exeter

Management Accounts are a completely different too

Management Accounts are a completely different tool from Year-End accounts. Unlike the latter, which is focused on compliance, your management accounts are designed to inform your business decisions. Are products and service lines performing as well as you expected? Is an under-performing area dragging the business down?

#WCSnotjustaccountants
#Somerset #Devon #Cornwall #Accountant

Last spring, many businesses deferred a VAT paymen

Last spring, many businesses deferred a VAT payment. You now have the choice of paying by 31 March, or applying online to pay in instalments. Unfortunately, agents cannot do this on your behalf. However if you need advice on the process to follow, please get in touch.

#WCSnotjustaccountants
#VATdeferment #VAT

There's lots of talk about changes to VAT rules in

There's lots of talk about changes to VAT rules in the construction industry, but will they affect you?

#WCSnotjustaccountants #reversecharge

"We take a really hands-on approach at WCS. So whi

"We take a really hands-on approach at WCS. So while the technology is busy working behind the scenes to automate data processing, we want to understand the decisions you face, and help you to make those."

Are you making full use of your business systems? And more importantly, are you in a position to make informed decisions? Our team work together to help you do just that.

#WCSnotjustaccountants
#Xero #Somerset #Devon #Cornwall #Accountant

It's not easy changing accountant in a pandemic. I

It's not easy changing accountant in a pandemic. In our latest blog (link in bio) we've taken a look at the reasons to change, and why you might stay put.

#WCSnotjustaccountants
#Somerset #Devon #Cornwall #SouthWest
#XeroAccountant #Xero #Accountant

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info@wessexcommercial.com