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How to Become an Accounts Payable Officer

an accounts payable officer bookkeeper

ACCOUNTS PAYABLE OFFICERS are responsible for paying invoices owed by a company to its suppliers or vendors.

They typically work in medium to large-sized businesses, where they may also be called an accounts officer and be responsible for investigating the cost of wages, materials, overheads and other operating expenses.

Here are some of the other common tasks you’ll find in an accounts payable officers job description.

Continue reading How to Become an Accounts Payable Officer

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SPECIAL OFFER: MYOB, Xero & QuickBooks Online Courses ALL for One Low Price

Bookkeeper Combo Bonus Courses learn Xero, MYOB AccountRight & MYOB Essentials and QuickBooks Online Training

The Internet has spawned several cloud accounting software program all over the world including:

Continue reading SPECIAL OFFER: MYOB, Xero & QuickBooks Online Courses ALL for One Low Price

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The Best Xero-Integrated Project Management Apps

xero integrated apps to keep your business within budget learn xero online learning videos

Which ones are best for your business?

xero integrated apps to keep your business within budget learn xero online learning videos
We look at project management apps that integrate beautifully with Xero to keep your project within timeframe and budget.

FOR BUSINESSES WORKING on large projects spanning weeks or even months, keeping track of time, cash flow and profitability is imperative. This is even more so for businesses that work on fixed-rate contracts or tenders.

Such fixed-rate projects are common in the building and construction industry, but also the creative, engineering, and IT industries.

Many of these businesses manage a project’s workflow across a number of different documents (spreadsheets, their CRM, accounting software) — and many don’t manage it properly at all.

As a consequence, projects often come in over budget. A number of cloud-based project management and workflow apps aim to change that, however.

Continue reading The Best Xero-Integrated Project Management Apps
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Get Paid Faster Using Your Mobile Phone!

get paid faster using your mobile phone
You can use your mobile phone to get paid – great for tradespeople as well.

No doubt about it, one of the biggest hurdles you face as a small business owner is managing your cash flow. A big part of this is ensuring your clients and customers pay your invoices on time.

Setting up email alerts to remind customers when your invoices are due is a great way to ensure you’re never – or at least, rarely – paid late, which we’ve written about on this blog and even cover in our MYOB training courses. Continue reading Get Paid Faster Using Your Mobile Phone!

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How Bad Do You Want It? (Money, That Is!)

invoicing small business
Don’t do all the hard work and not get paid for it: consult our checklist for what you can do to get paid – and faster.

If you’re working as a contractor and using an Australian business number (ABN), rather than a tax file number (TFN), you’re self-employed, and this means you will need to invoice your customers for the products or services you provide in order to get paid.

If you’ve only ever worked as an employee before, you’re probably used to being able to set your clock to payday, but unfortunately this isn’t often the case when you’re a contractor.

Getting paid late — or worse, not at all! — can seriously affect your cash-flow, and in turn, affect the success of your business, which is why we cover things like financial planning in our Small Business Management and Start Up Course.

Continue reading How Bad Do You Want It? (Money, That Is!)