It may not help you sell a product to any great extent, but accounting is very much the pulse of any business. Expenses, income, budgeting and cash flow all need to be taken care of; regardless of how big or small the company is.

Unless you're actually an accountant, the word 'accounting' probably brings up images of tables covered with spreadsheets, snapped pencils and long nights ahead. If you're just starting out, this feeling is probably amplified, but you must be aware that poor bookkeeping at the gate could not only delay your project in the short-term - it could come back to haunt you over the long haul.

On 15th February, 1971, British currency underwent its biggest change in centuries, when the existing system (whereby pounds were divided into 20 shillings or 240 pennies) was retired.

The so-called '£sd' system - which had been in use since the Norman Conquest of 1066 - came to an end with the ringing in of decimalisation. This changeover was arguably the biggest overhaul of Britain's currency ever.

Aspects that would change the face of Britain's currency had been ongoing for a long time before the change took place, however. In fact, measures that would go on to influence our paper currency were being taken as far back as 118BC.

Reports suggest that there are millions of fake bank notes and coins currently in circulation. However, today's technology means real notes are manufactured in such a way that sets them apart from their counterfeit counterparts.
In this feature, we'll look at the ways in which businesses and consumers can tell the difference between the two; reducing the risk that you will fall victim to counterfeiting.

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