Prime Blog

Accounts & Audit

What business can learn from sport

There are many correlations between Sport and Business, the planning and discipline that goes into being a successful athlete are equally applicable to running a successful business. In our latest video we highlight the similarities and outline how Prime uses our simplifying business approach to help clients run successful businesses.

Xero now has direct bank feeds from Barclays bank!

We first began using Xero, ‘the world’s most innovative growth company’ (Forbes 2015 & 2016) way back in 2009. Later that year Xero was the first cloud accounting software provider in the UK to introduce automated bank feeds, followed by aggregated bank feeds the following year. Back then most UK banks didn’t have the internal infrastructure to offer direct feeds, so aggregated feeds were the only realistic solution, although requiring more housekeeping.

How reliable is your sage software, what would you do if suddenly you couldn’t access any information?

SAGE is in the process of withdrawing support on software versions purchased prior to 2014. This means that if you are currently using SAGE software purchased prior to this date and encounter corruption, you will no longer be eligible to receive assistance from SAGE. This can cause an array of problems and result in a permanent  loss of information which would be costly or impossible  to put right.

Have you heard? Xero is preparing for growth!

Forbes has described Xero as the ‘Worlds Most Innovative Growth Company’ for the past two years.  At Prime we pride ourselves on being a pioneering and forward thinking practice and that is why we recognised the possibilities of Xero software when we first began using it in 2009. As the software progressed, so did our expertise and the number of clients who chose to appoint us to simplify their business using the cloud based software. Not only were we the first Gold partner to Xero in the West Midlands, but now we have taken the title as the first Platinum partner in the West Midlands too.

Autumn Statement Summary

Yesterday George Osborne presented the first Autumn Statement of this Parliament. So what exactly did the Chancellor say and, more importantly, what did it actually mean? A summary of this year's Autumn Statement is now available here. The summary provides an invaluable update for you and will help you get to grips with the changes.

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