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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WWe 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

The team at 123Financials have help me with both controlling my spending and dealing with the HMRC. Without 123Financials help, I wouldn't be able to pay back my debt and continue running my business efficiently. I would highly recommend 123Financials 200% to anyone.



Excellent service from 123Financials – The team is very responsive to my particular needs and provide expert financial advice in a timely manner. I can highly recommend them to anyone with their own small business - high quality and competitive in terms of price. Thank you 123Financials.



From my first enquiry, I've been very impressed with their knowledge and customer service. Their attention to detail, guidance and asking the right questions helped me get a stronger handle on the business and personal finances - something I've found lacking with other firms. Highly recommend.


Sole trader

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 123Financial’s 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.

Schedule a call

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.

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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