News + Insights

Signs it’s time you hired a bookkeeper

Thinking of hiring a bookkeeper? Here’s when you know it’s time to… It causes you a lot of stress and anxiety As a business grows, so does the amount of paperwork and record keeping. Being able to balance your time is key, as well as maintaining a good work-life balance. If you find yourself being ...
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20th November 2020

Money Smart – Issue Three

See below for the third issue of our new monthly newsletter, Money Smart. If you think we could be helping you, then connect with one of our team to find the best solution for your business mail@pinnacle.im or call the team on 627334 Andy McLarney Andy is the Director at Pinnacle Bookkeeping Limited. For more bookkeeping and accounting ...
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9th November 2020

Cloud Accounting vs. Traditional Accounting

Is it time you made the switch? Time Cloud accounting allows less time to be spent on number crunching, and more time to look behind the numbers, improving overall business performance. Less time will be spent travelling for face-to-face meetings. Your accounts can simply be accessed remotely, rather than relying on physical storage software. Data ...
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30th October 2020

VAT? It’s easier than you think

All your frequently asked VAT questions, answered Three letters. VAT.  So, why are they so intimidating? If the matter of Tax wasn’t complicated enough, the idea of Value Added Tax (VAT) can be overwhelming. Here’s some of our most frequently asked questions and answers to help simplify a few aspects of VAT. What is VAT? ...
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23rd October 2020

Accounting Made Easy: Profit and Loss

Profit and Loss: Understanding profitability In this third post within our Accounting Made Easy series, we will be explaining the idea of Profit and Loss, primarily Profit and Loss statements (also known as the income statement). An account of profit and loss is a financial statement with the goal of telling you how profitable a ...
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19th October 2020

How can cloud accounting improve business performance?

So, what is cloud accounting, and how will it benefit me? Cloud accounting sees all of your accounts stored online and in one place. This allows you to access your data easily from anywhere in the world, as well as being updated in real-time. Features such as paying invoices, accepting payments, and grouping expenses are ...
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9th October 2020

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