Introduction to Bookkeeping Archives

Posted on October 17, 2023October 17, 2023 by Steve Slisar

When is the best time to study? Early mornings or late nights?

circadian rhythm-hypothalamus Master Xero and MYOB using EzyLearn's unique short course modular format

I’ve been getting up at 5.15am for the last 2 years – am I crazy?!

I’ve been getting up early because I work out with some friends and prefer early mornings to late nights. This means that I’m going to bed earlier and not working as much at night.

In the past I preferred to work late into the night and pushed myself to get as much work done as I possibly could. Sometimes this meant working until midnight but I noticed that the quality of the work wasn’t always the best.

The sun rises pretty early and I’d rather work with the natural light of the day than the artificial light of the night. I dug a little deeper into this and discovered that there are studies that explains how we perform at various times of the day and how that is affected by when we get up and go to bed – Circadian Rhythms.

Circadian Rhythms can affect how well you perform when studying too..

Posted on July 17, 2023July 17, 2023 by Steve Slisar

NoCert, saves money

Yes, its true get a NoCERT discount on MYOB, Xero, Microsoft Office (Word and Excel) Courses - EzyLearn

Business owners can now get a discount on our MYOB & Xero and Microsoft Office COMPLETE courses if they don’t need a Certificate of Completion.

I recently wrote about the value of Certificates and who really needs one and we’ve discovered that most business owners prefer to focus on getting the knowledge to use their software better AND saving money – that’s why we introduced NoCert discounts.

Posted on June 13, 2023June 16, 2023 by Steve Slisar — 1 Comment

1$ per month alternative to Xero just for invoices and daily transactions

If you are looking for computerised, online accounting software now is a great time. Just doing a Google search for comparisons between MYOB and Xero will reveal a flurry of ads to capture your attention.

Many micro businesses with one main worker/contractor etc just want to keep track of quotes, invoices, purchases and payments and there are some pretty cheap options available – cue… BillCue.

Posted on March 18, 2023July 23, 2023 by Steve Slisar — 1 Comment

FREE Courses for Job Seekers who enrol into MYOB, Xero and Excel Complete

If you have enrolled into a course with EzyLearn be sure to check out these FREE student inclusions.

We’re creating and updating our online courses every month and we’re listening to feedback from students to understand what they need. We’re even paying EzyLearn graduates for their expertise in the work they do. If you want to see how you can earn money using your expertise check out the LIFELONG Learning Hub in the Learning Site or reach out to our support team.

Posted on December 20, 2022December 20, 2022 by Steve Slisar

Competing with Udemy for Micro Skills Training Courses in Xero

Compare Online Training Courses to learn how to use Xero - 2 Udemy vs EzyLearn

The end of the calendar year, school holidays, summer and Christmas all combine to give us all a break from what we’ve been doing all year. It’s also a time for reflection about what we’ve done during the year and of things we would change in the new year.

One of the challenges we faced this year was trying to explain the differences between our training courses and those provided by dozens of new training options which are now available – even Youtube!

Udemy is a particularly interesting challenge because they are not a training company but a Learning Management System that also spends money advertising some of the courses on their platform.

Posted on November 7, 2022November 7, 2022 by Steve Slisar

6 Months Access to MYOB Business (Essentials) for Training Course Students

MYOB Training Course & Certificate - Accounting & Payroll Advanced Certificate Course - EzyLearn with MYOB Education Partner

One of the most common questions we get asked by students when they enrol into an online course relates to access to the software.

Years ago you could buy the MYOB AccountRight software from Officeworks for $10 and use it forever but online software like Xero, QuickBooks Online and MYOB Business Essentials are all subscription based and offer a 30 day free trial.

Although 30 days doesn’t seem like a long time if you are enrolled into a MYOB or Xero course that provides 12 months course access, there are ways you can still make VERY good use of these trial periods.

Posted on October 27, 2022October 27, 2022 by Steve Slisar

Xero Boast Top Innovator in “AFR BOSS Most Innovative list”, Just Behind Telstra!

Xero wrote about their AI achievements using machine learning to predict the name and account code for your transactions when performing a bank reconciliation. Bank feeds have been a constant and regular theme in Xero’s marketing and this reinforces how they are using technology to reduce the time it takes to reconcile.

It makes sense that a bank like NAB or CBA buys MYOB because if you could automatically make sure that your finances in your MYOB or Xero software reflected exactly what your bank statements say you’d eliminate half the work that junior bookkeepers do.

Posted on October 18, 2022October 18, 2022 by Steve Slisar

Bills to Pay, Past or Future, Xero or CBA

I was reading about some of the accounting features that Xero are building on in their software while also testing out Commonwealth Banks “Upcoming bills and payments”. What really struck me is how quickly the major banks are updating their software and systems to help small business owners manage their cashflow better.

When you use the Commbank App to access your account you can quickly setup the Upcoming bills and payments because the banks software sees that you have recurring payments that seem to happen every month, quarter, year etc. The great thing about this is that it helps you understand your liabilities in the short term and you don’t need to pay anything extra to have it or use it.

Xero on the other hand are constantly finding ways to increase their revenue and new features is naturally one BIG way they can do that. But it’s not all bad, of course.

Posted on September 14, 2022September 14, 2022 by Steve Slisar

What % of expenses can you claim to reduce your taxable income?

Working from home and claiming expenses using Xero & MYOB software training courses

We’ve received lots of training course inquiries from new business in this last couple of months and a question that came up recently was “do you have a course that explains how much I can claim”. The person was asking about how much of the cost of their car can they claim as an expense because they use it for their business.

The answer to this question reminded me of how “flexible” the taxation laws are in Australia. You can “claim” any amount that you want and unless you are audited by the ATO you could possibly get away with it!!

The correct way is to determine how much of your costs are actually associated with your business and use that percentage. The ATO goes on to explain how to do this in detail.

Posted on June 22, 2022February 14, 2023 by Xero Training

NEW “Bookkeeping Basics” Training Course Covers Beginner Level Xero, MYOB & QuickBooks Online

bookkeeping-basics-training-course-for-Xero, MYOB and QuickBooks online cover-300x201 EzyLearn Bookkeeping Career Academy

Bookkeeping is an essential part of business, not just to keep track of financial activities for the business’ sake, but also to meet obligations from the ATO. It’s nothing ground-breaking to highlight the importance of bookkeeping, but lots of businesses might start operating without considering the necessity of bookkeeping.

If you’re a business owner who doesn’t have a background in accounting or bookkeeping, then you’ll want to learn at least the basics quickly – even if you intend to hire accounts staff, it’s great to understand the bookkeeping tasks that need to be completed.

EzyLearn has you covered with out new Bookkeeping Basics Training Course. Let’s break down how you’ll learn the foundational aspects of bookkeeping with this course:

Posted on September 24, 2021September 24, 2021 by Steve Slisar

This is Why Businesses Love Cloud Accounting and not MYOB AccountRight so much

Network setup for multiple users on your network using MYOB AccountRight Multi-user - MasterClass in MYOB AccountRightand MYOB Essentials - EzyLearn

If you have worked in an office you know how frustrating IT issues are. If you are now working from home you know how frustrating IT support issues are. If you have ever experienced an IT support issue installing software (like MYOB AccountRight) you know how frustrating IT issues are.

We stumbled upon the technical support help page for MYOB AccountRight and all remembered why we LOVE online accounting programs like Xero, QuickBooks Online and MYOB Essentials!

Attn: We’ve just BUNDLED all the MYOB AccountRight BEGINNERS Certificate Courses together for those students looking for junior accounts and general office support and admin jobs.

Posted on June 25, 2020June 25, 2020 by Steve Slisar

Discount Coupon Code: Bookkeeping Academy – MYOB & Xero & QuickBooks & Reckon

Xero Course, MYOB Course, QuicBooks Course - COMPLETE Suite Training & Support - Bookkeeping Academy

End of financial year 2020, Covid19 still wreaking havoc around the world, shopping centre and even main street strip shops closed! This is the weirdest time of our lives for sure. We’ve also noticed a big increase in the number of students enrolling on the $20 per week payment plans for courses.

This announcement is for those in the bookkeeping industry who’ve trusted us for the last 2 decades (and a bit) to provide great quality pre-accredited bookkeeping courses in MYOB, Xero, QuickBooks and Microsoft Office.

Posted on May 25, 2020May 25, 2020 by Steve Slisar

Xero & QuickBooks Slug it out on Receipt Scanning Features

Xero Accounting Pricing Comparison shows extra for Projects and Expenses - Online Training Courses & Advanced Xero Certificate

I find it interesting to see the messages coming from both these companies. They seem to arrive at similar times and it shows that they are very closely watching each others digital marketing messages and fighting for your attention by revealing what they are doing for you, their clients.

This week Xero sent a message about cashflow forecasting and QuickBooks sent a message about their receipt scanning and data capture but which one is more important right now? I’ve attached the email message sent from each company for you to compare.

Continue reading Xero & QuickBooks Slug it out on Receipt Scanning Features

Posted on March 2, 2020March 2, 2020 by Steve Slisar

It’s wise to include Sage One in Bookkeeping Academy (pst.. free samples available)

Sage One Accounting Training Course - Compare Xero to Sage or QuickBooks and save money with discount coupon codes

Pardon the pun but it’s true, Sage One training course materials will now be included in the Bookkeeping Academy Training Course Package along with Xero Accounting, MYOB & QuickBooks.

Many bookkeepers use EzyLearn to keep up to date with the various accounting software programs now available and this latest announcement is for you. Training Course materials and support for Sage One and Reckon One.

See who trusts EzyLearn for accounting and office administration software training!

Continue reading It’s wise to include Sage One in Bookkeeping Academy (pst.. free samples available)

Posted on February 24, 2020February 24, 2020 by Steve Slisar

EzyLearn students can upgrade to ongoing or LIFETIME course access

Become an online marketing affiliate for Xero Learn, MYOB Education and Quickbooks Professional online training courses - EzyLearn

I had a fantastic conversation with an EzyLearn student during the week. She enrolled into our Xero COMPLETE Training Course Package and love it so much she enrolled into MYOB, QuickBooks, Excel and more.

The course increased her confidence to apply for and get work after years of being out of the workforce and as a bookkeeper she now uses the courses as a resource for aspects of the software she needs to upskill on. The EzyLearn Affiliate Membership is designed for students like her.

Continue reading EzyLearn students can upgrade to ongoing or LIFETIME course access

Posted on January 17, 2020March 26, 2021 by Steve Slisar

Someone just got the sack because they didn’t know the bookkeeping basics

I love working inside new businesses and getting involved in setting up their processes – even accounting – and I recently had the chance to work in a marine business.

As with all startups they are setting up new processes and experience hiccups along the way like all businesses do.

The saddest part for me was when they sacked their office manager because she couldn’t nail the basic bookkeeping skills and attention to detail performing these tasks:

Data entry
Bank feeds
Matching transactions
Bank reconciliation

Accounting software companies make you believe that their software makes this all a breeze but in reality office admin and accounts staff must be persistent and diligent with these basics. Here’s what caused the issues: Continue reading Someone just got the sack because they didn’t know the bookkeeping basics

Category: Introduction to Bookkeeping