Difference between revisions of "Finances"

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== Accounting ==
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See also [[Payment]], [[Blockchain]], See also [[SaaS#E-commerce]]
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* https://en.wikipedia.org/wiki/Accounting
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* https://en.wikipedia.org/wiki/Bookkeeping
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* [http://www.dwmbeancounter.com/tutorial/Tutorial.html So, you want to learn Bookkeeping!]
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* https://en.wikipedia.org/wiki/Single-entry_bookkeeping_system
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* https://en.wikipedia.org/wiki/Double-entry_bookkeeping
  
  
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== General ==
 
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See also [[Payment]], [[Blockchain]], See also [[SaaS#E-commerce]]
 
  
  
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to sort;
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* https://en.wikipedia.org/wiki/Financial_statement
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* https://en.wikipedia.org/wiki/Income_statement
  
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* http://www.thesalarycalculator.co.uk/
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* https://en.wikipedia.org/wiki/Balance_sheet
  
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* http://matthewpaulmoore.com/post/50662524038/do-customers-pay-for-your-b2b-product-in-a-cost-center
 
  
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* http://doubleyourfreelancingrate.com/
 
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** https://training.kalzumeus.com/newsletters/archive/consulting_1
 
  
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* http://makaluinc.com/blog/2012/11/how-to-calculate-an-hourly-rate.html
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* https://github.com/DidierRLopes/GamestonkTerminal - The next best thing after Bloomberg Terminal
  
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* https://planscope.io/blog/the-freelancers-guide-to-recurring-revenue/ [https://news.ycombinator.com/item?id=5673339]
 
  
  
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* http://www.contractorcalculator.co.uk/
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* https://en.wikipedia.org/wiki/Revenue - 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'''.
  
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* [http://www.contractorcalculator.co.uk/charging_clients_retainer_how_they_work.aspx Charging clients a retainer – how they work]
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* YouTube: [https://www.youtube.com/watch?v=ZwBJRvTZNbc What is Turnover in Business? Turnover explained for Small Businesses]
  
 +
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.
  
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* http://www.moneysavingexpert.com/
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* Turnover = vanity
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* Profit = sanity
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* Cash = reality
  
  
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=== Accounting ===
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* https://en.wikipedia.org/wiki/Operating_expense -  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.
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* http://www.accountingweb.co.uk/
 
  
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* http://static.steve.org.uk/expenses
 
  
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* https://en.wikipedia.org/wiki/Capital_expenditure - 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.
  
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* YouTube: [https://www.youtube.com/watch?v=_S_oIVphA00 Do I Pay Tax on YouTube Earnings? Tax on Small Income (In the UK in 2018)] - Andy Mac Drums
 
  
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* YouTube: [https://www.youtube.com/watch?v=8lnoxU5Db20 It's UK Tax Time And You Need To Sort Your Receipts!] - Andy Mac Drums
 
  
  
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* https://en.wikipedia.org/wiki/Surety
  
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* https://en.wikipedia.org/wiki/Accounting
 
  
  
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* YouTube: [https://www.youtube.com/watch?v=46sxFvz5sh8 What is Cash Basis or Cash Accounting? UK Self Employment Tax Tips]
 
  
 
* https://www.investopedia.com/terms/c/cashaccounting.asp
 
* https://www.investopedia.com/terms/c/cashaccounting.asp
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* https://en.wikipedia.org/wiki/Revenue - 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'''.
 
  
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* YouTube: [https://www.youtube.com/watch?v=ZwBJRvTZNbc What is Turnover in Business? Turnover explained for Small Businesses]
+
to sort;
 +
 
 +
* http://www.thesalarycalculator.co.uk/
 +
 
 +
* http://matthewpaulmoore.com/post/50662524038/do-customers-pay-for-your-b2b-product-in-a-cost-center
 +
 
 +
* http://doubleyourfreelancingrate.com/
 +
** https://training.kalzumeus.com/newsletters/archive/consulting_1
 +
 
 +
* http://makaluinc.com/blog/2012/11/how-to-calculate-an-hourly-rate.html
 +
 
 +
* https://planscope.io/blog/the-freelancers-guide-to-recurring-revenue/ [https://news.ycombinator.com/item?id=5673339]
 +
 
 +
 
 +
* http://www.contractorcalculator.co.uk/
 +
 
 +
* [http://www.contractorcalculator.co.uk/charging_clients_retainer_how_they_work.aspx Charging clients a retainer – how they work]
 +
 
  
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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.
+
* http://www.moneysavingexpert.com/
  
−
* Turnover = vanity
 
−
* Profit = sanity
 
−
* Cash = reality
 
  
  
−
* https://en.wikipedia.org/wiki/Operating_expense -  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.
+
* http://www.accountingweb.co.uk/
  
 +
* http://static.steve.org.uk/expenses
  
−
* https://en.wikipedia.org/wiki/Capital_expenditure - 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.
 
  
  
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* https://en.wikipedia.org/wiki/Financial_statement
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=== Tax ===
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* YouTube: [https://www.youtube.com/watch?v=46sxFvz5sh8 What is Cash Basis or Cash Accounting? UK Self Employment Tax Tips]
  
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* https://en.wikipedia.org/wiki/Income_statement
 
  
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* https://en.wikipedia.org/wiki/Balance_sheet
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* HMRC YouTube: [https://www.youtube.com/watch?v=9CHjVpoTpgQ&list=PL8EcnheDt1ziQSjJNRITtCf7XD_ne-_lQ&index=14&utm_source=HMRC-DCS-Dec-SAS-11&utm_campaign=DCS-Campaign&utm_medium=email Why have I been sent a Tax Return]
  
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* HMRC YouTube: [https://www.youtube.com/watch?v=ZKKVd1XQQJA&index=20&list=PL8EcnheDt1ziQSjJNRITtCf7XD_ne-_lQ&utm_source=HMRC-DCS-Dec-SAS-11&utm_campaign=DCS-Campaign&utm_medium=email Your self-employed tax return]
  
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* https://en.wikipedia.org/wiki/Bookkeeping
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* GOV.UK: [https://www.gov.uk/government/publications/hmrc-income-tax-losses-toolkit?&utm_source=HMRC-DCS-Dec-SAS-11&utm_campaign=DCS-Campaign&utm_medium=email Income Tax losses toolkit]
  
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* GOV.UK: [https://www.gov.uk/government/publications/hmrc-private-and-personal-expenditure-toolkit?&utm_source=HMRC-DCS-Dec-SAS-11&utm_campaign=DCS-Campaign&utm_medium=email Private and personal expenditure toolkit]
  
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* https://en.wikipedia.org/wiki/Single-entry_bookkeeping_system
 
  
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* YouTube: [https://www.youtube.com/watch?v=_S_oIVphA00 Do I Pay Tax on YouTube Earnings? Tax on Small Income (In the UK in 2018)] - Andy Mac Drums
  
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* https://en.wikipedia.org/wiki/Double-entry_bookkeeping
+
* YouTube: [https://www.youtube.com/watch?v=8lnoxU5Db20 It's UK Tax Time And You Need To Sort Your Receipts!] - Andy Mac Drums
  
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* [http://www.dwmbeancounter.com/tutorial/Tutorial.html So, you want to learn Bookkeeping!]
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=== Invoicing ===
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* https://en.wikipedia.org/wiki/Remittance_advice - 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.
  
  
  
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* https://en.wikipedia.org/wiki/Surety
 
  
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* https://gitlab.com/alextee/gen_invoice - Invoice generator using pydoc
  
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=== Software ===
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== Software ==
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* [http://www.gnucash.org/ GnuCash] is personal and small-business financial-accounting software, designed to be easy to use, yet powerful and flexible. Allows you to track bank accounts, stocks, income and expenses. As quick and intuitive to use as a checkbook register, it is based on professional accounting principles to ensure balanced books and accurate reports.
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=== GnuCash ===
 +
* [http://www.gnucash.org/ GnuCash] - personal and small-business financial-accounting software, designed to be easy to use, yet powerful and flexible. Allows you to track bank accounts, stocks, income and expenses. As quick and intuitive to use as a checkbook register, it is based on professional accounting principles to ensure balanced books and accurate reports.
 
** https://en.wikipedia.org/wiki/GnuCash
 
** https://en.wikipedia.org/wiki/GnuCash
 +
** [https://nickjanetakis.com/blog/using-gnucash-as-a-freelancer-to-track-finances-and-prepare-taxes Using GnuCash as a Freelancer to Track Finances and Prepare Taxes — Nick Janetakis][https://news.ycombinator.com/item?id=16857884]
  
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* [http://kmymoney2.sourceforge.net/ KMyMoney] is 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.
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=== KMyMoney ===
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* [http://kmymoney2.sourceforge.net/ 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.
  
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* [http://www.ledger-cli.org/ Ledger] is a powerful, double-entry accounting system that is accessed from the UNIX command-line.
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=== Ledger ===
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* [http://www.ledger-cli.org/ Ledger] - a powerful, double-entry accounting system that is accessed from the UNIX command-line.
  
−
* [http://sourceforge.net/apps/mediawiki/jgnash/index.php?title=Main_Page jGnash] is 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.
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=== jGnash ===
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* [http://sourceforge.net/apps/mediawiki/jgnash/index.php?title=Main_Page 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.
  
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* [http://ifreebudget.blogspot.co.uk/ iFreeBudget] is 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.
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=== iFreeBudget ===
 +
* [http://ifreebudget.blogspot.co.uk/ 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.
  
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* [http://budgeter.sourceforge.net/ Budgeter] is 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.
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=== Budgeter ===
 +
* [http://budgeter.sourceforge.net/ 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.
  
−
* [http://buddi.digitalcave.ca/ Buddi] is a personal finance and budgeting program, aimed at those who have little or no financial background.  
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=== Buddi ===
 +
* [http://buddi.digitalcave.ca/ Buddi] - a personal finance and budgeting program, aimed at those who have little or no financial background.  
  
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* [http://sourceforge.net/projects/grisbi/ Grisbi] is a very functional personal financial management program with a reasonable set of homefinance features.
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=== Grisbi ===
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* [http://sourceforge.net/projects/grisbi/ Grisbi] - a very functional personal financial management program with a reasonable set of homefinance features.
 
** https://en.wikipedia.org/wiki/Grisbi
 
** https://en.wikipedia.org/wiki/Grisbi
  
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* [http://homebank.free.fr/ HomeBank] is 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.
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=== HomeBank ===
 +
* [http://homebank.free.fr/ 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.
 
** https://en.wikipedia.org/wiki/HomeBank
 
** https://en.wikipedia.org/wiki/HomeBank
  
 +
=== dsBudget ===
 
* [https://sites.google.com/site/dsbudgethome/ dsBudget] is a simple, open source budgeting program for everyone. With dsBudget, you can save money by understanding where you spend your money.
 
* [https://sites.google.com/site/dsbudgethome/ dsBudget] is a simple, open source budgeting program for everyone. With dsBudget, you can save money by understanding where you spend your money.
  
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* [http://www.camelsoftware.com/dough/ Dough] is 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.
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=== Dough ===
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* [http://www.camelsoftware.com/dough/ 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.
  
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* [http://www.yapbam.net/en/home/ Yapbam] is a personal bank account manager.
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=== Yapbam ===
 +
* [http://www.yapbam.net/en/home/ Yapbam] - a personal bank account manager.
  
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=== SwingTix Bookkeeper ===
 
* [https://github.com/SwingTix/bookkeeper SwingTix Bookkeeper] - A double-entry bookkeeping system.
 
* [https://github.com/SwingTix/bookkeeper SwingTix Bookkeeper] - A double-entry bookkeeping system.
  
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* [http://www.manager.io/ Manager] includes key accounting modules, tax functions and features that streamline data entry and accounting procedures.
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=== Manager ===
 +
* [http://www.manager.io/ Manager] - includes key accounting modules, tax functions and features that streamline data entry and accounting procedures.
  
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=== ledger-cli ===
 
* http://ledger-cli.org/ [https://lobste.rs/s/r6cwes/ledger_a_powerful_command-line_accounting_system]
 
* http://ledger-cli.org/ [https://lobste.rs/s/r6cwes/ledger_a_powerful_command-line_accounting_system]
  
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* [http://hledger.org/index.html hledger: home] - 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.
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=== hledger ===
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* [http://hledger.org/index.html 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.
 
** http://joeyh.name/blog/entry/hledger/ [https://news.ycombinator.com/item?id=8806056]
 
** http://joeyh.name/blog/entry/hledger/ [https://news.ycombinator.com/item?id=8806056]
  
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=== abandon ===
 
* https://github.com/hrj/abandon
 
* https://github.com/hrj/abandon
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=== transity ===
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* https://github.com/feramhq/transity - Keep track of your dollar, clock9, pig2, cow2, beers on your command line
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=== Actual ===
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* [https://actualbudget.com/ Actual] - a super fast privacy-focused app for managing your finances. You own your data, and we will sync it across all devices with optional end-to-end encryption.
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** https://github.com/actualbudget/actual [https://news.ycombinator.com/item?id=38053982]
  
 
=== Services ===
 
=== Services ===
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* https://github.com/psobot/secalculator
 
* https://github.com/psobot/secalculator
  
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==== Budge ====
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* https://github.com/linuxserver/budge - an open source "budgeting with envelopes" personal finance app, taking inspiration from other tools such as Aspire Budgeting, budgetzero, and Buckets.warning BudgE is still under active development and considered an 'alpha' version until more tests can be written to ensure functionality is maintained. warning
  
 
==== Scripts ====
 
==== Scripts ====
 
* [https://drive.google.com/templates?q=budget&sort=user&view=public Google Docs Template Gallery: budget]
 
* [https://drive.google.com/templates?q=budget&sort=user&view=public Google Docs Template Gallery: budget]
 
* [https://drive.google.com/templates?q=timesheet&sort=user&view=public Google Docs Template Gallery: timesheet]
 
* [https://drive.google.com/templates?q=timesheet&sort=user&view=public Google Docs Template Gallery: timesheet]
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=== FRC 102 ===
 
=== FRC 102 ===
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* [https://www.frc.org.uk/accountants/accounting-and-reporting-policy/uk-accounting-standards/standards-in-issue/frs-102-the-financial-reporting-standard-applicabl FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland]
 
* [https://www.frc.org.uk/accountants/accounting-and-reporting-policy/uk-accounting-standards/standards-in-issue/frs-102-the-financial-reporting-standard-applicabl FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland]
  
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== Generating revenue ==
 
=== Pricing ===
 
=== Pricing ===
 +
 +
 +
* https://en.wikipedia.org/wiki/Profit_margin - 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.
 +
  
 
* http://nathanpowell.me/blog/more-clients-for-your-business/
 
* http://nathanpowell.me/blog/more-clients-for-your-business/
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* https://www.reddit.com/r/PrivateLabeling
 
* https://www.reddit.com/r/PrivateLabeling
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 +
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* [https://www.nytimes.com/2018/09/03/business/retail-walmart-amazon-economy.html Hard Lessons (Thanks, Amazon) Breathe New Life Into Retail Stores - The New York Times] - [https://news.ycombinator.com/item?id=17904798]
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 +
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* [https://fbaexperiment.com/start-amazon-fba-experiment/ How to Start Amazon FBA - My FBA Experiment 2018 - Updated Regularly] - [https://news.ycombinator.com/item?id=18581131]
  
 
=== Affiliate ===
 
=== Affiliate ===
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* http://www.affiliateguide.com/music.html
 
* http://www.affiliateguide.com/music.html
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=== Donations ===
 +
  
 +
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* https://news.ycombinator.com/item?id=5557180
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** https://en.wikipedia.org/wiki/Flattr
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 +
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* [https://www.patreon.com/en-GB Patreon]
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 +
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* [https://liberapay.com/ Liberapay] - a recurrent donations platform. We help you fund the creators and projects you appreciate.
 +
 +
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* [https://www.buymeacoffee.com/ Buy Me a Coffee] - makes supporting fun and easy. In just a couple of taps, your fans can make the payment (buy you a coffee) and leave a message. They don’t even have to create an account!
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* [https://ko-fi.com/ Ko-fi] - Join 1M+ creators getting donations, monthly memberships and sales from fans!
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* [https://cash.app/ Cash App]
  
 
== Invoicing ==
 
== Invoicing ==
 
* http://en.wikipedia.org/wiki/Invoice
 
* http://en.wikipedia.org/wiki/Invoice
  
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* https://twitter.com/bridgetminamore/status/966348555073064965 - late charge + interest
  
 
=== Templates ===
 
=== Templates ===
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* http://www.jbilling.com/community
 
* http://www.jbilling.com/community
  
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 +
* https://git.zrythm.org/cgit/gen_invoice/tree
  
 
=== Services ===
 
=== Services ===
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Government tax credits and other benefits.
 
Government tax credits and other benefits.
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 +
* gov.uk: [https://www.gov.uk/benefits-calculators Benefits calculators]
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 +
* http://entitledto.co.uk/
 +
  
 
* http://www.adviceguide.org.uk/scotland/work_s/work_self_employed_or_looking_for_work_s.htm
 
* http://www.adviceguide.org.uk/scotland/work_s/work_self_employed_or_looking_for_work_s.htm
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* https://www.gov.uk/taxable-income/taxfree-state-benefits
 
* https://www.gov.uk/taxable-income/taxfree-state-benefits
  
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* http://entitledto.co.uk/
 
  
 
=== National Insurance ===
 
=== National Insurance ===
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=== Universal Credit ===
 
=== Universal Credit ===
−
Coming October 2013.
+
New benefits system, not all are on it.
  
 
* http://www.hmrc.gov.uk/taxcredits/universal-credit.htm
 
* http://www.hmrc.gov.uk/taxcredits/universal-credit.htm
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=== NHS help ===
 
=== NHS help ===
−
* gov.scot: [http://www.gov.scot/Publications/2012/05/9246 Are You Entitled to Help with Health Costs (HCS1)]
+
* gov.scot: [https://www.gov.scot/publications/entitled-help-health-costs-hcs1/ Are You Entitled to Help with Health Costs (HCS1)]
−
** [gov.scot: http://www.gov.scot/Publications/2012/05/9246/7 NHS optical vouchers (towards the cost of glasses or contact lenses)]
+
** gov.scot: [https://www.gov.scot/publications/entitled-help-health-costs-hcs1/pages/18/ The NHS Low Income Scheme]
 +
** gov.scot: [https://www.gov.scot/publications/entitled-help-health-costs-hcs1/pages/33/ NHS optical vouchers (towards the cost of glasses or contact lenses)]
 +
 
 +
 
 +
* [http://www.communitypharmacyscotland.org.uk/nhs-care-services/services/minor-ailment-service/ NHS Minor Ailment Service]
 +
** gov.scot: [https://www.gov.scot/publications/nhs-minor-ailment-service-local-pharmacy/ The NHS Minor Ailment Service at your local pharmacy]
  
  
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** [http://contactcentreservices.nhsbsa.nhs.uk/selfnhsukokb/template-group.do NHS Business Services Authority Knowledge Base]
 
** [http://contactcentreservices.nhsbsa.nhs.uk/selfnhsukokb/template-group.do NHS Business Services Authority Knowledge Base]
  
 +
=== PIP ===
 +
 +
* [https://www.benefitsandwork.co.uk/personal-independence-payment-pip/pip-points-system PIP points system] -  Personal independence payment (PIP) points scores
  
 
== Credit Unions ==
 
== Credit Unions ==
Line 337: Line 441:
  
 
== Banks ==
 
== Banks ==
 +
* https://fairfinanceguide.org
 +
 +
 
* http://www.moveyourmoney.org.uk/
 
* http://www.moveyourmoney.org.uk/
 +
  
 
* https://getmondo.co.uk/blog/2016/01/20/how-do-bank-payments-work/ [https://news.ycombinator.com/item?id=10937633]
 
* https://getmondo.co.uk/blog/2016/01/20/how-do-bank-payments-work/ [https://news.ycombinator.com/item?id=10937633]
Line 363: Line 471:
 
=== P2P lending ===
 
=== P2P lending ===
 
* http://www.ratesetter.com/
 
* http://www.ratesetter.com/
 +
 +
=== Changing ===
 +
 +
* [https://www.revolut.com/ Revolut] - A better way to handle your money
  
 
== Funding ==
 
== Funding ==
Line 412: Line 524:
  
 
* http://indie.vc/ [https://news.ycombinator.com/item?id=8829111]
 
* http://indie.vc/ [https://news.ycombinator.com/item?id=8829111]
 +
 +
 +
* [https://grayll.io/ GRAYLL] -  A Simple Automated Recession Proof Investment App
  
 
=== Grants ===
 
=== Grants ===
  
 
* https://www.google.co.uk/intl/en/grants/how-to-apply/index.html
 
* https://www.google.co.uk/intl/en/grants/how-to-apply/index.html
 +
 +
 +
 +
* [https://grantnav.threesixtygiving.org/ 360Giving GrantNav] - Search, explore and download grants data published by UK funders in the 360Giving Data Standard.
 +
** https://github.com/ThreeSixtyGiving/grantnav
  
 
== Stock markets ==
 
== Stock markets ==

Latest revision as of 08:00, 29 October 2023

Accounting

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









  • WP: Revenue - 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


  • WP: Operating_expense - 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.


  • WP: Capital_expenditure - 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;





Tax



Invoicing

  • WP: Remittance_advice - 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.



Software

GnuCash

KMyMoney

  • 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

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

jGnash

  • 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

  • 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

  • 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

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

Grisbi

  • Grisbi - a very functional personal financial management program with a reasonable set of homefinance features.

HomeBank

  • 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

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

Dough

  • 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

  • Yapbam - a personal bank account manager.

SwingTix Bookkeeper

Manager

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

ledger-cli

hledger

  • 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.

abandon

transity

Actual

Services

  • 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.


Budgeting

5 week month = 5 mondays (?)


Budge

  • https://github.com/linuxserver/budge - an open source "budgeting with envelopes" personal finance app, taking inspiration from other tools such as Aspire Budgeting, budgetzero, and Buckets.warning BudgE is still under active development and considered an 'alpha' version until more tests can be written to ensure functionality is maintained. warning

Scripts

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

Pricing

  • WP: Profit_margin - 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.





Sales



  • 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.


  • WP: Private_label - 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.



Affiliate

Donations



  • Liberapay - a recurrent donations platform. We help you fund the creators and projects you appreciate.


  • Buy Me a Coffee - makes supporting fun and easy. In just a couple of taps, your fans can make the payment (buy you a coffee) and leave a message. They don’t even have to create an account!


  • Ko-fi - Join 1M+ creators getting donations, monthly memberships and sales from fans!



Invoicing

Templates


Open source systems


Services


Payment


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

JSA

Max 16 hours work a week.

£5, then minus and money earned.

Universal Credit

New benefits system, not all are on it.

NHS help



PIP

Credit Unions

Banks



Tridos

"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."

Co-operative

Online service, no real-life access?

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

P2P lending

Changing

  • Revolut - A better way to handle your money

Funding



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

Investment


  • GRAYLL - A Simple Automated Recession Proof Investment App

Grants


Stock markets

Software

  • 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


Currency

See also Cryptocurrency


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