Independent Contractor! PayPal Provides Instant Business Working Capital Finance

If you’re an independent contractor you’re a business owner As an independent contractor, operating with an ABN, you’re effectively running your own small business (so working capital important), and that means you’re subject to some of the same reporting...

Accept credit cards with your iPhone, Android or iPad?

  When we first started our computer training centre in Dee Why on Sydney’s Northern Beaches we used a Merchant Account from the National Australia bank and rented a credit card terminal. In this scenario there was a setup fee, initial deposit, minimum term,...

The Best Xero-Integrated Document Management Platforms

‘Seal the deal’ with a beautiful proposal FOR MANY BUSINESSES sending quotes and estimates to prospects doesn’t accurately describe the work you’ll be providing them. Sometimes it’s because you’ll be providing an ongoing service or solution to a...

The Best Xero-Integrated Time Management Apps

The best time management apps — without unnecessary bells and whistles ALTHOUGH MANY CLOUD ACCOUNTING applications include basic time-tracking features, most businesses need something more robust. Time management applications help your business understand how your...

Are You Making these GST Mistakes in Your Bookkeeping?

Being Jack of All Trades can land you in hot water with BAS IT’S PERHAPS EASIER TO do your own bookkeeping these days than it used to be; particularly if you’re using a cloud accounting program like MYOB, Xero or QuickBooks, which are among the easiest, yet...

MYOB, Xero or QuickBooks: Which Suits Your Business Best?

Which is the Pick of the Bunch? In a previous post, we highlighted some of the biggest differences between QuickBooks and MYOB.  However Xero is also a serious competitor to MYOB (and QuickBooks to a lesser degree), so let’s take a look at the different...

Is QuickBooks Better than MYOB for a Small Business?

How Does QuickBooks Really Stack Up Against MYOB? We’ve recently introduced our QuickBooks Online Daily Transactions Course because we can see that QuickBooks is fast becoming a serious and respected rival to the more established accounting software packages. We...

Why Partnerships Can Be Risky Business

An Understanding of Business Partnerships is Essential As we mentioned in our previous post about doing the necessary actions to start your new business now, rather than in January, there are lots of tasks to carry out before your business will be ready to commence...

Bad Payers Cost 12 Working Days to Collect $13,200

Credit Management is an Extra Job I’ve always believed that as soon as you offer credit you’ve got yourself another business – a credit management business. When we first created our MYOB Daily Transactions course we designed it to take students...
 
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