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Minerva Accountants
Minerva Accountants

Minerva Accountants

Fully digital Xero accountants taking the hassle out of your business

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Tag: small business

Posted on September 21, 2020September 4, 2020

My confession about cash

In spite of doing all the right accounting entries and knowing how to do a cashflow forecast, like many small business owners, I still use my bank account to manage my cash.

My business model is pretty simple and I bank with one of the challenger banks that make it very easy to have savings spaces for everything; tax, VAT, buffer to cover overheads, next dividend etc.

Often it’s the simple systems that work best so let’s focus on practical solutions.

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Xero certified accountants

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Telephone: 0117 375 1123

Registered Number: 10847858

Registered Office: 14 West Town Road, Bristol BS48 3HH

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