From Things and Stuff Wiki
Jump to navigation Jump to search


See also Payment, Blockchain, See also SaaS#E-commerce

  • - the income that a business has from its normal business activities, usually from the sale of goods and services to customers. Revenue is also referred to as sales or turnover. Some companies receive revenue from interest, royalties, or other fees. Profits or net income generally imply total revenue minus total expenses in a given period. In accounting, in the balance statement it is a subsection of the Equity section and revenue increases equity, it is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income (gross revenues minus total expenses). For non-profit organizations, annual revenue may be referred to as gross receipts.

Turn over excludes VAT if VAT registered. In debts were outstanding at the start or end of the year, turnover figure would depend on whether cash-based (self-employed) or accruals based (ltd company) accounting is used.

  • Turnover = vanity
  • Profit = sanity
  • Cash = reality

  • - operating expenditure, operational expense, operational expenditure or opex is an ongoing cost for running a product, business, or system. In business, an operating expense is a day-to-day expense such as sales and administration, or research & development, as opposed to production, costs, and pricing. In short, this is the money the business spends in order to turn inventory into throughput. On an income statement, "operating expenses" is the sum of a business's operating expenses for a period of time, such as a month or year.

  • - or capital expense (capex) is the money a company spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, or land. It is considered a capital expenditure when the asset is newly purchased or when money is used towards extending the useful life of an existing asset, such as repairing the roof.

to sort;



  • - a letter sent by a customer to a supplier to inform the supplier that their invoice has been paid. If the customer is paying by cheque, the remittance advice often accompanies the cheque. The advice may consist of a literal letter (e.g., "To Whom it May Concern: Your shipment of the 10th inst was received in good order; accompanying is our remittance of $52.47 per invoice No 83046") or of a voucher attached to the side or top of the cheque.




  • KMyMoney - a personal finance manager for KDE. It enables users of open source operating systems to keep careful track of their personal finances by providing a broad array of financial features and tools.


  • Ledger - a powerful, double-entry accounting system that is accessed from the UNIX command-line.


  • jGnash - a free (no strings attached!) personal finance manager with many of the same features as commercially-available software. It was created in order to make tracking your personal finances easy, but also provides the functionality required by advanced users. Java.


  • iFreeBudget - a simple tool for personal finance manager and budgeting application. It is designed and written to be intuitive and easy to use for home and small business users. iFreeBudget uses double entry accounting. iFreeBudget is open source and free. Java.


  • Budgeter - a program designed to help individuals keep track of their money. It can always tell you how much money you have available now, as long as you enter all your transactions into it. In addition, it can summarise your past transactions to show you how you have spent your money up until this point. It allows you to categorise money and transactions to help make sense of expenses and to plan.


  • Buddi - a personal finance and budgeting program, aimed at those who have little or no financial background.



  • HomeBank - free software that will assist you to manage your personal accounting. It is designed to easy to use and be able to analyse your personal finance in detail using powerful filtering tools and graphs.


  • dsBudget is a simple, open source budgeting program for everyone. With dsBudget, you can save money by understanding where you spend your money.


  • Dough - a free envelope budgeting application. It's designed to be both simple and attractive whilst being very effective at helping you keep in control of your spending.


  • Yapbam - a personal bank account manager.

SwingTix Bookkeeper


  • Manager - includes key accounting modules, tax functions and features that streamline data entry and accounting procedures.



  • hledger - an accounting program, for tracking money, time, or other commodities, on unix, mac and windows. With simple yet powerful functionality accessed from command line, terminal or web browser, it is a dependable, cross-platform alternative to Quicken, GnuCash, spreadsheets etc.




  • PocketSmith - The personal finance app with cashflow forecasting
  • BillGuard is a personal finance security and productivity company. Its mobile and website application scans credit card and debit card transactions, alerting users to possible scams, billing errors, fraudulent charges and hidden fees.


5 week month = 5 mondays (?)


FRC 102

  • Accounting Standards - explains the scope, authority and identification of accounting standards, issued by the Financial Reporting Council (FRC), for the purposes of the Companies Act 2006 (the Act) and Regulations made thereunder. This foreword relates to financial statements prepared in accordance with UK and Republic of Ireland legislation and accounting standards (for companies these are referred to in the Act as ‘Companies Act accounts’). It does not apply to financial statements prepared in accordance with EU-adopted IFRS (for companies these are referred to in the Act as ‘IAS accounts’).

Generating revenue


  • - net margin, net profit margin or net profit ratio is a measure of profitability. It is calculated by finding the net profit as a percentage of the revenue. Net profit is revenue minus cost.


  • The Horizontal Distribution Hack - “Send Your Friends a Diwali Gift” went viral in India the way “Free Gfits” never did. “Crazy Taxi” went viral the way “Free Flash Games” never did. “Seinfeld TV Quote Quiz” went viral the way “TV Quotes Quiz” never did. And the best part? This still works today. And even more powerfully on mobile.

  • - Private-label products or services are typically those manufactured or provided by one company for offer under another company's brand. Private-label goods and services are available in a wide range of industries from food to cosmetics to web hosting. They are often positioned as lower-cost alternatives to regional, national or international brands, although recently some private label brands have been positioned as "premium" brands to compete with existing "name" brands.




Open source systems



Credit notes

Benefits / credits

Government tax credits and other benefits.

National Insurance

Needs Certificate of Small Earnings Exception (SEE).

  • Up to £5,595 @ £0 with exception
  • £5,595 - £7,604 @ £2.65 a week
  • £7,605 - £42,475 @ same, plus 9% of profits between

Housing Benefit

Council Tax

Housing Benefit

Job Grant


Max 16 hours work a week.

£5, then minus and money earned.

Universal Credit

New benefits system, not all are on it.

NHS help


Credit Unions



"We do not provide counter banking services from our Edinburgh office (or indeed any of our UK offices) but are pleased to meet with business customers who have a pre-arranged appointment."


Online service, no real-life access?

Has branches under the name Britannia. One on George Street.

P2P lending


  • Revolut - A better way to handle your money


  • Funding Scotland - Signposting funding opportunities for Charities, Community Groups and Businesses around Scotland.


  • GRAYLL - A Simple Automated Recession Proof Investment App


Stock markets


  • Grism is an open source stock market observation tool. It allows you to easily track the evolution of stock prices through watchlists, portfolios and charts.

Credit rating


See also Cryptocurrency