Online Training: A Cost Effective Way to Train and Motivate Your Staff

Take an online course to build will AND skill OUR MYOB TRAINING COURSE is basically an induction into the role of a bookkeeper, in that it provides students with an overview of the duties typically carried out by a bookkeeper. Most of our students take our MYOB...

How to Create a Cash Flow Forecast in Xero (and Excel)

Why cash flow is a better indicator than profit WE RECENTLY PROVIDED DETAILS of a case study highlighting the experiences of a business owner named Jerry. Jerry decides to start a real estate business on the side, after operating a business already that has synergies,...

Thinking of Starting a Second Business? Introducing Jerry

Case Study: Costs for starting up a second, related business A LOT OF BUSINESS OWNERS branch out into related fields when their flagship business becomes successful enough (just look at Jim’s Mowing). However, this can be a bit dicey if the business owner doesn’t...

Paying Several Employees With One Payroll Payment

MYOB and Xero now make payroll easier to manage MANY COMPANIES OUTSOURCE PAYROLL because it contains many moving parts. For instance, there’s the payment of wages each week or fortnight or month, sure. But there’s also superannuation contributions, PAYG obligations,...

EOFY: Remember to Deduct Your Prepaid Expenses

The Cut-Off for Claiming Deductions is Looming WE’RE IN THE LAST QUARTER of the 2016/17 financial year, so now is the time to dive in deep and check you’ve included every single business expense — prepaid or otherwise — to ensure all your expenses are in...

EOFY: Organise Your Reports and Records

We Show You The Reports to Generate Now for End of June THE LAST QUARTER OF the 2016/17 financial year is upon us, so now is the time to organise your reports and records; including Profit and Loss Statements, Accounts Receivable and Payable, PAYG and Super payments....

EOFY: Get Your Business Expenses In Order

We Show You 2 Steps You Can Take — Right Away! WE’VE ENTERED QUARTER 4 for the 2016/17 financial year, so we’ve been writing about the things your business should be doing this quarter in preparation for the end of the financial year. In our last post we wrote...

End of Financial Year: Writing Off Stock

We show you how to write off stock and inventory before the EOFY IT’S A GOOD TIME TO START  looking at any slow-moving or obsolete stock that your business (or your client’s business) may be holding, as we’ve reached the end of Quarter 3 and have now started...

Hiring Someone New? Why You Need to Personally Check their References

Why It Pays to Call the Switchboard When Doing a Reference Check I recently had a conversation with a colleague who said she’d never once been asked to produce a copy of her university degree or her transcripts, despite stating on her resume that she’d graduated with...

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...

Are You a Bookkeeper Who Needs More Clients? Want My Advice?

Finding prospects and converting them into clients involves selling and most of us hate doing it, but wait… For those of us in small business, be it as a bookkeeper, real estate agent, sales rep or the like, most of us are selling every day of our lives. This...

You Need To Be a Job Hopper To Do Well In Your Career

When it Comes to Your Career, Hopping Around is OK For many years, young people, particularly Generation Y, were cautioned about changing their jobs too often — or being a “job hopper”. It would give the impression they were flaky or disloyal or unable to...
 
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