Member Since: 31st Jul 2008
2nd Jul 2020
Disclosure - I am connected to FD4Cast
FD4Cast is a financial forecasting template built in Excel easily customisable to suit any business. Simply enter your income, cost and timing assumptions and a P&L, BS and Cash Flow drop out.
Both a Monthly and a Weekly template are available. Hotlinks (as a CSV import from your accounting system) are available in order to bring in your TB.
No subscription - simply a lifetime purchase. Build as many models as you like for as many clients as you like. I am willing to customise models for clients if required.
Currently 50% discount for AWEB readers during COVID-19 lockdown.
1st Apr 2020
Everything in moderation....including moderation.
13th Mar 2020
Just tell them that HMRC will be suspicious if they have not made full use of a tax incentive they are entitled to.
24th Jan 2020
"...clients who are now being caught..."
You make it sound like these people have actually done something wrong.
They are not criminals or tax-dodgers, they simply arranged their affairs - often at the behest of the engaging party - because of the flexibility afforded to both parties with that type of arrangement.
I don't think many people who will now deemed to be inside actually have a problem with paying additional tax, but why can't they have the sick pay and pension rights that go with it (let's leave the job security bit out of this discussion for now)?
You are either employed or not employed, so please refrain from inferring that contractors are tax-dodgers, as in the majority of cases invoicing via a personal services company was the simplest arrangement for the engager.
20th Sep 2019
I've created many Excel project-based forecasts for clients (especially for the construction industry) in the past using FD4Cast (full disclosure - I am director of FD4Cast).
Solution is dynamic (as many projects as you wish) with seamless updating using VBA code when users need to tweak assumptions and want to quickly view the effect on overall P&L and cash flow. Fully consolidated P&L, BS and Cashflow showing Projects at a line-by-line level.
Feel free to browse FD4Cast website for further info, but for viewing/discussion of a project-based solution you would need to get in touch as these are custom builds.
24th May 2019
Try getting a second income doing books for other clients.
You may find that looking to help other new clients (you would have to find them) on the side in your own time would do the following:
1. Give you an entrepreneurial side crucial to building your own practice later on when you may want to go it alone.
2. Allow you to learn more
3. Supplement your income
7th May 2019
Not at all. If you are going to be riled by someone simply asking a question, you could instead simply pass, ignore, give it a stiff kicking into the long grass, move on to the next question, etc.
They would soon get the message once no one answers their question.
Instead, you choose to continue to moan about freeloaders and suggest that the industry has a 'very serious problem'.
Ridiculous. If that is the biggest challenge facing the accounting profession then you need to seriously get a sense of perspective.
Simply ignore these people who ask questions expecting free advice. They are not a 'very serious problem' and don't try and tell me that this is a 'very serious problem' confined solely to accountants.
"Sadly AccountingWeb seem to have down the route that all clicks are good clicks, regardless of quality."
Are you saying that a quality moderator is required?
Ask AWEB what their views would be on that one.
I think you need to understand the AWEB business model. They are not here to help you, they are here to sell advertising. Start from that viewpoint and you may get the right perspective. No one likes a whinger.
7th May 2019
Nurse...he's out of bed again!
3rd May 2019
Always moaning about "freeloaders".
Why don't you request AWEB to simply remove this section from their website?
You'll probably find that other accountants successfully use this section to generate new business. You have my sincere apologies that this method doesn't seem to work for you, but then again no one likes a whinger.
5th Apr 2019
I wasn't 'pretending' to recommend.... I actually did recommend FD4Cast.
The gentleman asked for solutions and I provided a recommendation.
I didn't go into a lengthy schpiel extolling the virtues of the product, I simply said it could probably handle what he wants to do.
Don't be such a snowflake dear...