Small Business Owner
  • By Team Nomisma
  • Sep 19 2020

Why you should apply for a VAT exemption and how?

Many businesses sell goods and services on which they have to pay VAT - but there are also certain g…

Accountancy Practice Bookkeeping Practice Small Business Owner
  • By Team Nomisma
  • Sep 16 2020

The difference between a debit note and a credit note

What is a debit note? A debit note, sometimes referred to as a debit memo, is a document raised b…

  • By Team Nomisma
  • Sep 16 2020

Your 'margin of safety': What is it and why is it important for the ru

What is the ‘margin of safety’? The margin of safety is the difference between your antici…

Accountancy Practice Small Business Owner Bookkeeping Practice
  • By Team Nomisma
  • Sep 16 2020

Revenue expenditure and capital expenditure explained

What is revenue expenditure? Revenue expenditure is the amount spent or expense incurred, on a co…

Accountancy Practice Bookkeeping Practice
  • By Team Nomisma
  • Sep 16 2020

What is activity-based costing (ABC) and how does it work?

What is Activity-based costing (ABC)? Activity-based costing (ABC) is defined as a technique for …

  • By Team Nomisma
  • Sep 16 2020

What is a 'remittance advice', and does your business need to produce

What is a remittance advice? A ‘remittance advice’ is a document or note to a supplier sent…

  • By Team Nomisma
  • Sep 16 2020

What is 'profit margin' or 'net profit margin ratio'?

Introduction to net profit margin Net profit margin, also known as ‘profit margin’ or ’n…

  • By Team Nomisma
  • Sep 16 2020

The 'reducing balance method' of depreciation: how it shows an asset's

What is the reducing balance method? The reducing balance method of depreciation, also known as d…

  • By Rhys Munsch
  • Sep 03 2020

Why is CRM so important for accountants?

Why is CRM important? How can CRM increase productivity and profitability within accounting practice…