Alexander Ene

Are you intimidated by those two little words: Tax Return? You’re not alone. While it may be incredibly daunting at first glance, there is no reason you can’t face the challenge head-on and complete your tax return on time. Once you’ve completed the core section that everyone must fill out, it’s just a matter of addressing the schedules that are relevant to your different income sources during the tax year. When Is Tax Return Due? Once you’ve completed the form you will have to calculate your tax liability and find out whether or not you owe anything. This information needs to be submitted and any money you owe paid by January 31st every year. If you’re wondering what tax period this covers, it is April 6th to April 5th of the prior year. If this is confusing, let’s put it in more complete terms: the tax year starts on April 6th of 2024 and runs through April 5th of 2025 (you may see it referred to as the 2024/2025 tax year), so the return for the tax year must be completed and filed ...

Alexander Ene, small business accountants in Camden Town, offers exceptional accounting and tax services , specializing in providing support to small businesses. Our team of highly qualified professionals offers personalized accounting solutions across various industries, leveraging their in-depth knowledge to meet unique business needs. We utilize cutting-edge accounting software and technologies, enhancing efficiency and accuracy, thereby improving the client experience. We are committed to providing reliable, accurate, and confidential services, adhering to innovative pricing models that offer value to our clients. As small business accountants, we understand the nuances of small business operations and financial management, delivering tailored services that help businesses thrive.  FEATURES Personalized Accounting and Tax Solutions Advanced Accounting Software Utilization Skilled Professional Accounting Team Innovative, Affordably Priced Services Reliable, Accurate, Confi...

Understanding small business accounting vocabulary is an important first step in learning how accounting really works. So let's look at some key terms in financial accounting and their meanings. The Journal, sometimes call the Book of Original Entry or more commonly the General Journal, is how transactions are entered into accounting records . It is a chronological list of the company's transactions. An account is a basic summary device used in business accounting . All of the related transactions to a particular account are recorded in that account. For example, all the transactions affecting cash would be recorded in the cash account. There are 5 account categories Accounts are grouped into 5 broad categories which include assets, liabilities, equity, revenues, and expenses. We will learn how Financial Data moves from the journal into the account later. In an academic setting the account is often expressed as a T-Account. Two additional terms that are very important in acco...

Alexander Ene offers specialized accounting services for Airbnb hosts in Finchley, North London. Our team of expert accountants ensures that all financial aspects of your Airbnb venture are meticulously managed, from tax planning and compliance to income tracking and expense management. With a firm commitment to reliability, detail-orientation, and trustworthiness, we provide timely service at competitive rates to guarantee customer satisfaction. As members of the Chartered Association of Certified Accountants, we bring a wealth of knowledge and professional integrity to help maximize your profitability and streamline your operations. MAIN FEATURES Expert small business accountants Serving Finchley with precision Competitive rates guaranteed Timely, reliable services Trusted Airbnb accounting specialists Your Trusted Accountants for Airbnb Success in North London – Let’s Maximize Your Profits Together! Contact Us Today! HOW WE HELP At Alexander Ene, we understand how managin...

Why is bank reconciliation necessary? Every business in the modern world uses a bank account to receive the majority of their income as well as pay a large part of their business expenses through the bank. Bank reconciliation is a vital part of an accounting system, because it reconciles and explains any differences between the accounting records of a business and transaction details contained the bank statement. Whether you do your own bookkeeping or you employ the services of a bookkeeper, preparing periodic bank reconciliations should be an intrinsic part of running your business. It is a fundamental part of keeping an eye on what’s going on within a business. Generally a Small Business will include a cash account in their overall ledger that monitors each of the transactions within the business enterprise.   These include income from clients, payments made for company expenditures, and such. Where the business has a bank account, the bank will record its day to day activities in ...

Alexander Ene, based in the London borough of Barnet, offers expert small business accounting services that are personalized to meet unique business needs. Our team of highly qualified professionals specializes in delivering customized accounting solutions across various industries. Our accounting services are enhanced by the use of cutting-edge accounting software and technologies that improve efficiency, accuracy, and create a more streamlined client experience. Alexander Ene is committed to our core values of reliability, efficiency, and trustworthiness and we offer innovative pricing models to ensure our services are accessible to a variety of businesses. Our small business accounting services, including our expertise as Small Business Accountants in Barnet, are designed to provide comprehensive, dependable, and trustworthy solutions for our clients. Our expertise as Small Business Accountants in Barnet allows us to provide tailored solutions for your accounting needs.  MAJOR ASPE...

In accounting terms, profit is the  financial gain  achieved when your business’s revenue exceeds its expenses. It’s a critical measure that reflects how well you’re managing costs and generating income from your operations. Calculating different types of profit, like gross and net, offers insights into various aspects of your financial health. By tracking  profit margins , you can assess cost control and pricing effectiveness. Dive deeper for strategies to enhance your  business’s profitability . Revenue and Expenses When it comes to understanding  revenue  and  expenses , clarity is vital for accurate  financial analysis . You need to grasp revenue as the total income from sales of goods or services. It’s the lifeline of any business, showing how well you’re performing. Expenses, on the other hand, are the costs incurred to earn that revenue. This includes everything from rent and wages to materials and utilities. Keeping a detailed record of these figures is essential. You should re...

Alexander Ene, accountants  offers a thorough range of accounting services tailored to meet the needs of individuals and businesses in Edgeware, Middlesex. As Chartered Certified Accountants in Edgeware, we emphasize reliability, accuracy, and trustworthiness in all our engagements. Our personalized service guarantees that each client receives attention and solutions that are uniquely suited to their financial situation. With a full-service accounting approach, Alexander Ene handles everything from routine bookkeeping to complex financial analysis, making sure clients have a clear understanding of their financial standing. Embracing a digital-first approach, we leverage the latest technology to streamline processes and enhance efficiency, all while maintaining a strong local presence to support the community we serve. MAIN FEATURES OF OUR SERVICES Edgeware’s Trusted Financial Experts Precision in Every Ledger Entry Tailored Solutions for Your Needs Embracing a Digital-First Fut...

Image by/from WikiMedia Commons The triple bottom line (or otherwise noted as TBL or 3BL) is an accounting framework with three parts: social, environmental (or ecological) and financial. Some organizations have adopted the TBL framework to evaluate their performance in a broader perspective to create greater business value. Business writer John Elkington claims to have coined the phrase in 1994. In traditional business accounting and common usage, the "bottom line" refers to either the "profit" or "loss", which is usually recorded at the very bottom line on a statement of revenue and expenses. Over the last 50 years, environmentalists and social justice advocates have struggled to bring a broader definition of bottom line into public consciousness by introducing full cost accounting. For example, if a corporation shows a monetary profit, but their asbestos mine causes thousands of deaths from asbestosis, and their copper mine pollutes a river, and the go...

Alexander Ene, a well-established accounting firm in Golders Green , London, has been offering top-tier accounting services for limited companies since 1999. Our team of highly qualified professionals ensures precision, confidentiality and reliability in all business dealings. We utilize cutting-edge accounting software and technologies to enhance efficiency, accuracy, and the overall client experience. Our comprehensive financial health checks and innovative pricing models set us apart. We pride ourselves on our trustworthiness and commitment to providing the best possible service to our clients. As Accountants for Limited Companies in Golders Green , we cater to your unique business needs. MAIN FEATURES OF OUR SERVICES As trusted Accountants for Limited Companies in Golders Green , we are dedicated to helping you succeed. “Precision-focused accounting since 1999” “Efficiency through innovative technology” “Comprehensive financial health checks” “Trustworthy, confidential serv...