Accountant Recruitment

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What is the difference between a Management Accountant (or Industry Accountant) and a Practice Accountant?

This question often arises because the accountancy profession falls into two distinct strands. The first of these strands is accountants who work in in-house for individual clients or companies. That is to say that they work on behalf of one client who is also probably their employer. They may well be overseeing a small team…

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Is Xero killing Accountancy Firms?

After all, video killed the radio star… In recent times there has been an explosion of the use of Xero software from New Zealand to undertake accounting. Xero is pretty revolutionary in terms of the service it offers to small and large businesses in every type of industry and profession. It has revolutionised the provision…

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Xero list of nominal codes from chart of accounts
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List of Nominal Codes for Xero

Here is a list of nominal codes for Xero, taken from the default chart of accounts. It includes the codes in a range of categories including Equity, Retained Earnings, Non-current liability, Tracking, Rounding, Current Liability, Accounts Payable, Current Asset, Current Liability, Direct Costs, Fixed Asset, Historical, Inventory, Overhead, Revenue, Unpaid Expense Claims and VAT. *Code…

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