Smart business insights
10 ways to improve cash flow management
To keep your business in good financial health and ride out the turbulence of current global uncertainty, staying on top of your cash flow management is key. Apply these 10 techniques to get started: 1. Be selective Turning down new business is not easy and needs steely resolve, but doing your research and turning down […]
5 reasons why you need to separate business from personal expenses
Getting organised when it comes to your finances is an important part of running a successful business. However, many self-employed small business owners fall into the trap of using one current account, which means that their personal and business expenses are mixed in together. Although you are not legally required to open a separate business […]
Journals – moving towards a true single accounting ledger
We are delighted to announce the release of a powerful new feature. Accountants will now be able to create journals from their Accountant Hub for clients that are using Countingup. Countingup is the first business current account in the UK with both journals and a trial balance report. Finally, this means that accountants and small […]
Reports in the Accountant Hub
Trial balance, profit & loss and balance sheet reports Countingup is on a mission to make it easier for you to run your business. You might have already seen the new Category Picker and Tax Estimate features in your app, and now there is a big update for the Accountant Hub What’s new? Your accountant, when linked to your […]
Category picker gets a revamp
Our category picker gets a revamp We’ve just released our new category picker and some new categories in the app. This update should make it easier to understand, view and change how your transactions (including bills & invoices) are defined. What’s new? The way categories are presented There are now five types of categories instead […]
Tax estimate tool – no more tax surprises
Say hello to the Countingup Tax Estimate tool As the self-assessment tax deadline passes for another year and more than 1 million tax returns are still to be submitted, the worlds of banking and tax continue to collide to create new innovations for small businesses. We created the Countingup Tax Estimate tool to help make […]
The clients that make Countingup – SEASONED: Nothing But Fries
Most entrepreneurs are no stranger to shiny object syndrome –– you know, that moment when you hit upon a cool new idea, a way to pivot your business you hadn’t previously thought of, a new avenue to explore, a new service to introduce? The problem is that it’s not easy to be all things to […]
The issue of unpaid invoices and the insurance gap impacting SMEs
Small businesses are the driving force behind the UK economy. Yet, when comparing their situation with large corporates, it still feels like an unfair battle. Small businesses don’t enjoy the same benefits or have access to the same tools as large corporates. This is particularly true when it comes to accessing financial services or being […]
The clients that make Countingup – Peterborough Gas
For many business owners, having flexible working hours is part of the attraction. Fancy taking a day off mid-week? As long as you don’t have any deadlines looming, it’s no problem. Want to dedicate an entire day to working on your marketing? Cool, you can arrange the rest of your working week to make that […]
5 tips for dealing with cash flow issues
Once you’re having business cash flow problems, finding your way out can be a struggle. Luckily, adopting the following habits will help solve your ongoing cash flow problems and keep your future finances in better shape too. 1. Catch cash flow issues at their early stages You’ve had a great meeting with a potential client […]