123Financials Press Room


123Financials was established to make accounting and financial management centralised and economical for entrepreneurs and business owners. We have been positively received in the UK’s media limelight. Read all about us here. Don’t believe in what we say. Believe in the press and media’s take on our company and our work. Check our recent reviews and online features here. Stay up to date with our latest press releases and media coverages on how we are making business better for hundreds of clients.

Press Media

Basic Accounting Terms Every Small Business Owner Should Know

Tech Bullion

Basic Accounting Terms Every Small Business Owner Should Know

To help you grasp accounting fundamentals as a company owner, the following is a comprehensive guide to common accounting terminology.

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We are Going to be Business Associates for Years to Come

You take care of your products and services while we take care of your money – that’s how great partnerships work. We are associated with UK’s best accounting software providers so that you get relief from 360°.


Client Testimonials

123Financials team are top-notch. I’ve been very happy with their work and consistently impressed by their high level of service. They are professional, respond quickly, and provide solid advice with their client’s best interests in mind. Highly recommend.


123 Financials take the time to understand your needs as a client and not only support you from a transactional perspective but also provide advisory services. It's the first relationship I've had with an accountant in the UK that feels like a true partnership.



I couldn't recommend these guys highly enough. They have been brilliant from day one. We had a previous accountant who just messed us around and 123 came in and managed to transition everything over and we are now in a much better place. You are able to have lots of contact with them and they are always there to help improve your company. Very hands-on and I feel they do so much more than what is required. If you are looking for accountants, these are your guys!

Harry Thomas
Harry Thomas

No1 Fitness

Worried About Switching Accountants?

We manage all the nitty-gritties of onboarding and help you discover how dedicated cloud-driven accounting solutions can transform your financial management.

Our switching process is simple and cost-effective. We shall contact your current accountant to get your financial information and transfer it into 123Financials dynamic infrastructure in your budget.

Rest assured, our industry-specific experts and newer technology can seamlessly propel growth and bring new revenue avenues.


30 Minute Free Consultation With Industry Specific Expert

Focus on running your business while we deliver its fuel.

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Download Accounting e-book for free

Our eBook contains the intricacies of business accounting, bookkeeping, financial management, taxes, and everything that will make you complacent, Learn how to build a dynamic financial system for your company.

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Stay Upto Date in the Financial and Accounting World

Strap your company with our research-based insights on taxation, accounting software, tax rules and regulations, economy, and financial management.

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