Fixed assets - posting them to the P&L
If we do payroll journals, posting net wages to the P&L account
Dividends, PAYE, VAT
Claiming VAT on non-VATable expenses or expenses that you don’t have a VAT Receipt for
Client Entertainment
Insurance
Any business not VAT registered (some taxi’s aren’t VAT registered, some are - you need a VAT receipt)
Public transport (train tickets, bus, plane tickets)
Trivial benefits - claiming over £50
Misposting - posting items to the wrong account.
Xero - you can set up standard codes for suppliers
Advanced Bookkeeping
Bank feed - need to refresh every 3 months (we’d suggest putting this in your diary)
General ledger -