1. “My bank balance in Xero never matches my actual bank balance” ❌ You check your accounting software, and the balance doesn’t match...

Australia’s small businesses are the power behind our economy. Small businesses (employing less than 20 people) added nearly $590 billion...

Research by Kotter International found that more than 70% of change projects within a business fail. Why is this? The research findings...

Setting clear financial goals is the key to business success! However, not all goals are created equal. Here’s how to break them down...

Bank reconciliation happens when you compare your record of sales and expenses against the record your bank has. It’s how you verify your...

Running a business costs money. There are always costs, overheads and supplier bills that mount up – and these expenses will gradually...

Automating your key systems is the way to turn your enterprise into a 21st century, digital business. But are we getting carried away...

Do you need a hand managing cash flow? The key is getting your invoicing right, by invoicing customers as soon as possible and using...

Happy New Year Did you make any New Year's Resolutions? If so, did you know that it's a common observation that many New Year's...

We wish you a very happy Christmas and well deserved end-of-year break. We are grateful for the opportunity to work with you and be a...

Company Christmas parties are things of legend. Everyone knows the stories about employees who took the opportunity to let their hair...

Are you purchasing products and services from overseas suppliers for your business? Here's some important information about GST (Goods...

The super guarantee rate will rise in July this year to 11%. Have you calculated the extra cost to your business? This rate increase may...

5 ways to cut back on your personal spending without having to track every transaction. In these challenging times of interest rate hikes...

Cashflow and profit are two of the most important financial metrics for any business. But while they’re both related to the financial...

With so many digital tools for managing your bookkeeping, accounting and management reporting, it's never been easier to manage, track...

Single Touch Payroll (STP) is a government initiative that requires employers to report their employees' tax and superannuation...

Planning a Christmas party? Giving gifts to clients and suppliers? Paying a Christmas bonus? ​ Christmas is a great time to acknowledge...

Company directors to face thousands in fines if ID regulations not met by 30 November In response to the ATO’s crackdown on fraudulent...

New businesses will be looking to set up some sort of record of their income and expenses. Xero, Quickbooks and MYOB, are just some of...