It is quite common to invoice a customer with terms of “30 days or nett monthly account”. Small customers will be expected to pay within 30 days, while large customers will be expected to pay at the end of the month following the month of the invoice, so an invoice sent in February 2019 would be settled by Sunday 31 March 2019.
Large companies do it this way because they may receive several invoices from a supplier, and will want to settle all of them with a single payment when they do their computerised cheque run. It would therefore be a good idea for the supplier to have sent a statement at the start of March listing all outstanding invoices. Typically the cheque run would be about the 25th of the month, which is a Monday this month. If you give credit and have debts to collect, then you might like to have a discussion with us. Most accountants are also general business advisers as well.
The “nett” in “nett monthly account” has “net” as an alternative spelling.
The Income Tax Year ends on 5 April 2019 : Actions for Businesses
If you expect that you will claim a tax refund based upon your tax return for the year ended 5 April 2019, then you could plan to get your accounts prepared and your tax return submitted as soon as possible after April 6th. Start collecting your records together now.
Being registered under the Construction Industry Scheme may lead to a claim for a tax refund. Make sure that you have all Statements of Payment and Deduction. These Statements are valuable documents in themselves, and it would be a good idea to make photocopies of them.
You might also want to submit a tax return fairly quickly after April 6th in order to reduce the instalment of tax payable on July 31st.
Auto-enrolment pension contribution rates will increase after 6 April 2019. The new rates are 5% from employees and 3% from employers, making a total of 8%.
The Google Snippet is your Website’s Front Door
Our Google snippet should say “See an accountant and tax agent as soon as possible if you are starting a business in Carlisle.” which is a simple English sentence with a verb and a full stop even if viewed from a mobile phone. To influence Google to do what we want, we have made this sentence the lead sentence of our website’s front page, and we have also put this sentence in the Meta Description tag. Google will look at the joint correlation between the lead sentence and the description tag and infer what to put in the snippet.
Have a look at the source code of this page to see the description tag. Right click and select View page source. Note that all Google can ever do is to look at joint correlations for which it has plenty of computing power available. It cannot actually understand what it is doing in the human sense, so if we want to persuade Google to do things for us, we need to feed it with joint correlations. In the snippet sentence as provided here, we have made it a backlink to the entire website. Google will look at this in its efforts to work out what the website is about, and hopefully it will give us a better placement if somebody starting a business in Carlisle is looking for an accountant and tax agent.
It might look as if we have told our competitors how to keep up with us. Well, our compliments to those who do. Many of our competitors employ accountants who are cleverer than us, and computer programmers who are more able than us, but they don’t co-ordinate their efforts.
Statements out on Wednesday 27 February 2019
If anybody owes you money, then today, which is Wednesday 27 February 2019, would be a good day to send them a statement to remind them of the fact. This is just a statement which you are entitled to send: it is not a threat.
The Cheque Run round about Monday 25 February 2019
It is quite common to invoice a customer with terms of “30 days or nett monthly account”. Small customers will be expected to pay within 30 days, while large customers will be expected to pay at the end of the month following the month of the invoice, so an invoice sent in January 2019 would be settled by Thursday 28 February 2019.
Large companies do it this way because they may receive several invoices from a supplier, and will want to settle all of them with a single payment when they do their computerised cheque run. It would therefore be a good idea for the supplier to have sent a statement at the start of February listing all outstanding invoices. Typically the cheque run would be about the 25th of the month, which is a Monday this month. If you give credit and have debts to collect, then you might like to have a discussion with us. Most accountants are also general business advisors as well.
The “nett” in “nett monthly account” has “net” as an alternative spelling.
Statements out on Thursday 31 January 2019
If anybody owes you money, then today, which is Thursday 31 January 2019, would be a good day to send them a statement to remind them of the fact. This is just a statement which you are entitled to send: it is not a threat.
Statements out on Friday 30 November 2018
If anybody owes you money, then today, which is Friday 30 November, would be a good day to send them a statement to remind them of the fact. This is just a statement which you are entitled to send: it is not a threat.
The Cheque Run round about Monday 26 November 2018
It is quite common to invoice a customer with terms of “30 days or nett monthly account”. Small customers will be expected to pay within 30 days, while large customers will be expected to pay at the end of the month following the month of the invoice, so an invoice sent in October 2018 would be settled by 30 November 2018.
Large companies do it this way because they may receive several invoices from a supplier, and will want to settle all of them with a single payment when they do their computerised cheque run. It would therefore be a good idea for the supplier to have sent a statement at the start of November listing all outstanding invoices. Typically the cheque run would be about the 25th of the month, or maybe the 26th this month. If you give credit and have debts to collect, then you might like to have a discussion with us. Most accountants are also general business advisers as well.
The “nett” in “nett monthly account” has “net” as an alternative spelling.
Statements out on Tuesday 30 October 2018
If anybody owes you money, then today, which is Tuesday 30 October, would be a good day to send them a statement to remind them of the fact. This is just a statement which you are entitled to send: it is not a threat.
The Cheque Run round about Thursday 25 October 2018
It is quite common to invoice a customer with terms of “30 days or net monthly account”. Small customers will be expected to pay within 30 days, while large customers will be expected to pay at the end of the month following the month of the invoice, so an invoice sent in September 2018 would be settled by 31 October 2018.
Large companies do it this way because they may receive several invoices from a supplier, and will want to settle all of them with a single payment when they do their computerised cheque run. It would therefore be a good idea for the supplier to have sent a statement at the start of October listing all outstanding invoices. Typically the cheque run would be about the 25th of the month, which is the date of this posting. If you give credit and have debts to collect, then you might like to have a discussion with us. Most accountants are also general business advisors as well.
The “net” in “net monthly account” has “nett” as an alternative spelling.
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