J. Jervis Accounting Services

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Here’s a little cashflow hack for all you small business owners out there!When you're first starting your business, it's...
21/07/2026

Here’s a little cashflow hack for all you small business owners out there!

When you're first starting your business, it's very normal to dip into your personal funds to keep things moving while you get the ball rolling.

And there is nothing wrong with that! But don’t get used to it, as it can throw a wrench into your finances come tax time.

When you have a separate bank account for your business, it makes it much more simple for you to see how your money is being spent. When you use your personal account for business, you can risk overlooking important transitions when it's time to make declarations and claim expenses!

So going forward, consider opening a dedicated bank account for your business, complete with separate credit cards and checking accounts. Pay attention to which account you are using for what – and if you can, use only credit cards for all business purchases.

It can be easy to overlook cash payments, and we all know how they can add up!

So avoid double dipping, and your accountant will love you forever <3

There is actually one part about doing your taxes that can be quite exciting and fun.I know, hard to believe, right? – H...
20/07/2026

There is actually one part about doing your taxes that can be quite exciting and fun.

I know, hard to believe, right? – Hear me out.

It's logging your expenses!

One mistake we see all the time with small business owners is that they don't save copies of their expense reports. At the end of the day, this will result in a variety of tax, accounting, and cash flow issues.

It may seem difficult to keep a receipt of every purchase that your business makes, but there are a few ways to make it easier on yourself.

First, use one single credit card to pay for all business expenses. Have a designated location for all of your receipts, and if you are feeling extra saucy, snap a photo of each receipt on your phone!

Your business expenses could fall into many categories, including:

- Travel expenses: if you ever had to make a business trip, or even if you spend a lot of gas money commuting to your place of work, you can write all of that off!
- Home office expenses: whether it's a computer, a monitor, or office supplies – write it off!
- Entertainment and meals: Let's say you took a client to dinner in an attempt to secure a deal – and it worked! But, they ordered the vintage red with a side of caviar. Don’t fret, you can write it off as an expense!
- Gifts: Similar to entertainment and meals. Let's say you bought a client tickets to the big game as a token of your appreciation for their business – write it off!

Your expense report can mean the difference between gaining or paying come tax time, especially in the first years of your business! If you have employees, make sure they also know to always save the receipt and use that company card!

Are you a business owner who counts dollars instead of sheep as you fall asleep?Let’s face it, the more you understand y...
19/07/2026

Are you a business owner who counts dollars instead of sheep as you fall asleep?

Let’s face it, the more you understand your business’s finances, the better you will be able to manage them, and the more likely your business will thrive!

So here’s a quick tip to keep you in the loop about your own financial wellbeing:

Start making cash flow statements!

These statements serve to give you a broader understanding of the movement of money within your company.

Essentially, it monitors the direction of your income, and your expenses. The great thing is, you get to clearly see where your money is coming from, where it's going, and when.

This gives you the info you need to better anticipate expenses, visualize payment cycles, and, as a result, better allocate your income.

Cause you gotta spend money to make money 💰

As professional accountants, we are crazy about our spreadsheets.But we never imagined their artistic use…Check this she...
18/07/2026

As professional accountants, we are crazy about our spreadsheets.

But we never imagined their artistic use…Check this sheet out!

It's a wonder that they never taught us how to do our taxes in school…Probably because the tax man wants you to slip up ...
17/07/2026

It's a wonder that they never taught us how to do our taxes in school…

Probably because the tax man wants you to slip up – so he can come and take your hard earned dollars!

We are here to make sure that doesn’t happen.

In fact, when planned correctly, you can even get some money back during tax season.

Interested in learning how to make that happen? Got some questions about your tax returns?
Drop us a question in the comments below, and we’ll be happy to share our knowledge and keep you in the green!

This one hits a little too close to home…Why did the accountant and the banker get a divorce?They couldn't reconcile the...
16/07/2026

This one hits a little too close to home…

Why did the accountant and the banker get a divorce?

They couldn't reconcile their differences 😂

We are proud to offer quality accounting services to people with a large variety of needs.We couldn’t do it without our ...
15/07/2026

We are proud to offer quality accounting services to people with a large variety of needs.

We couldn’t do it without our team of accounting professionals – and of course, without our loyal clients within our beloved community!

To every one of our clients, we thank you from the bottom of our hearts ❤️

For many, tax season is a nightmare – digging up old records, doing unnecessarily complex mathematics, trying to remembe...
14/07/2026

For many, tax season is a nightmare – digging up old records, doing unnecessarily complex mathematics, trying to remember what this was and what that was…

So naturally, you start to wonder what you can do to make things go more smoothly this tax season.

The first answer is to hire an accountant, but they need you to provide the necessary financial information in order to make your dollars work best for you.

Here’s a big tip for throughout the year: make detailed receipts of all your business transactions – and keep them in an organized folder!

But there is so much more that can be done. For example, you’ll want to keep a close eye on your receivables.

When you issue an invoice, you record a receivable. This means you log that the customer owes you money.

All too often, however, one may forget to apply the change to the invoice after getting paid.

We get it – you are excited to put some dough in your pocket!

But if you are not updating every invoice as it happens, you can begin to get behind on your books, resulting in time wasted and mistakes made when tax time comes around.

And this can cost you big money in the long run!

Looking for some more tips and tricks to save you money in taxes? Drop us a question in the comments below and we’ll be happy to help alleviate your stress for the dreaded tax season :)

Accounting is a tradition as old as money itself.The earliest recorded evidence of accounting can be traced back to anci...
13/07/2026

Accounting is a tradition as old as money itself.

The earliest recorded evidence of accounting can be traced back to ancient Mesopotamia, and is closely related to the development of modern writing, counting, and money!

Even the ancient Babylonians and Egyptians were performing audits – those pyramids must have cost a fortune to build…

So you may not be surprised to hear that by the time of the Roman Empire, the government had access to detailed financial information.

But modern accounting got its start with the writings of one man, Luca Pacioli, hailing from Italy. He was the first person to publish a book on double-entry bookkeeping, introducing his ideas to the Italian people. As a result, he is referred to as the “father of accounting and bookkeeping”.

The official profession of chartered accountant actually originated in Scotland in the 1800s. Solicitors would often employ accountants to offer their services to clients. The first organized institute of modern accounting was formed in England in 1880, with the creation of the “institute of chartered accountants in England and Wales”

And from there, the rest is history!

Do unto others as you would have them do unto you!This is THE golden rule, but not the golden rule of accounting.In fact...
12/07/2026

Do unto others as you would have them do unto you!

This is THE golden rule, but not the golden rule of accounting.

In fact, there are three golden rules to accounting:

1. Debit the receiver and credit the giver.
2. Debit what comes in and credit what goes out.
3. Debit expenses and losses, credit income and gains.

Are there any rules you would like to see added to this list?

We are sticklers for doing it right ;)

Address

Vauxhall Business Park, Unit 1 Office 12, Ruabon
Wrexham
LL146HA

Opening Hours

Monday 8am - 8pm
Tuesday 8am - 8pm
Wednesday 8am - 8pm
Thursday 8am - 8pm
Friday 8am - 8pm
Saturday 10am - 8pm
Sunday 10am - 5pm

Telephone

01978515568

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