123Financials Press Room

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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°.

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Client Testimonials

Acknowledgement for 123Financials' general assistance and guidance during challenging circumstances, offering clear updates on COVID-19 and defining the Chancellor's rescue package quickly. The team's support is considered an asset in difficult circumstances.

Andrew Mcdonald
Andrew Mcdonald

As a newcomer to the world of self-employment, 123Financial proves indispensable in articulating claimable expenses and assisting in setting up a limited company. Their forward-thinking and proactive approach makes them highly recommended.

Fiona H
Fiona H

Hiring 123Financial as our outsourcing accounting team has proved to be outstanding in completing our tasks quickly. Their proactive initiatives ensure the job is done right the first time without lounging around on our watch!

Israel Fernandez
Israel Fernandez

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.

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30 Minute Free Consultation With Industry Specific Expert

Focus on running your business while we deliver its fuel.

Schedule a Meeting

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.

How to get SA302 from the HMRC website
How to get SA302 from the HMRC website

Once you have filed the Self Assessment tax return, you can use the SA302...

Dividend tax in the UK: What you need to know
Dividend tax in the UK: What you need to know

Navigating the complexities of dividend tax UK is essential for individual investors and business...

The importance of maintaining accurate financial records for your startup
The importance of maintaining accurate financial records for your startup

Startups can grow into successful companies only when their finance and accounting are handled...

Accounting Partners