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Whitehill Business Services Ltd >> news >> latest news >> How can we help? Free information to help you break free from the jargon

How can we help? Free information to help you break free from the jargon

Posted by on February 12, 2016

As any director would tell you, running your own business isn't always easy no matter how many courses you attend, how many qualifications you get under your belt. But why should you have to deal with the stress on your own?

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Whitehill Business Services have published a number of information sheets, along side our weekly news articles, which our regular clients find extremely useful. Our easy to read, no nonsense format covers a wide range of topics from: how to manage your financial in and outgoings to everything you need to know about upcoming auto-enrolment for pensions. 

We know it's important for you to keep up to date with the latest news and updates in order to make sure you are running your business to the best of your capability. That's why we provide all of our customers with practical insight and the 'must know' facts.

Here are just a few examples of the information sheets on offer -

Profit & Loss

"A company can be in profit but still have very little cash readily available if their customers are not paying on time, so it is important to closely monitor your accounts receivable. Generally profit and loss is used to keep track of projected income and expenditure. Profit and loss isn’t always accurate..."

"Bookkeeping uses different terms to describe people you buy or sell to. We use the terms debtor and creditor. You should become familiar with these terms if you want to understand some of the reports you’ll come across..."

Debtors & Creditors

"Accounts payable (A/P) refers to an amount a company owes to the creditors because it has purchased goods or services on credit from a supplier or vendor. For example, if you buy stationary..."

Claiming Expenses in a Limited Company

"You are able to claim for food and drinks (“subsistence”) and other travel costs (mileage allowance, parking, tolls, overnight accommodation etc.) provided that the costs are "wholly and exclusively for the purposes of trade...“


If you would like to see any these information sheets in further detail, please get in touch and we will be happy to help.

Call the office on 01793 677899 or send us an email at claire(at)whitehillbusinessservices.com.

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