All businesses need to manage their financial affairs and report their financial results to tax and reporting authorities so they need staff or contractors from junior level bookkeepers for accounts receivable and payable and accounts reconciliation as well as Accounts and Office Managers who look after GST and BAS tasks as well as Payroll Administration.
For small businesses bookkeeping isn’t a full time job. It’s often something done by the owner themselves or their partner in life and these people are not usually that good at it – PLUS they’re family and that throws up all sorts of issues and resentments.
Wives, girlfriends, partners and friends are often chosen as the small business bookkeeper because they are either cheap or trustworthy but that isn’t always a good reason to “use” them.
Many bookkeeping jobs are part time, casual or contract jobs because they only require a few hours to a day a week to do and that is why so many students start a bookkeeping business. A big problem with this approach is lack of skills in marketing and sales but the Bookkeeping Academy can help.
With $41.9 Billion budgeted to be spend on the NDIS there is little wonder everyone is exploring disability care as either a job opportunity or a business opportunity. It’s not just individuals who are exploring this industry but accounting software and technology firms too.
I wrote about HNRY, the full service accounting software, accountant and bank account for small business owners that only charges a small percentage to cover ALL of these costs but other firms are also appearing to help everyone in the NDIS ecosystem, including Splose.
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.
Someone made contact with us to find out which data entry and office admin courses they need to do to get a job using MYOB. It’s logical to want to know which courses will give you the skills for specific jobs so we put these guides together.
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.
Everyone is talking about artificial intelligence since OpenAI introduced their “experimental” ChatGPT service and I can see why!
Gautam Adani is the 3rd wealthiest person in the world (correction! his value has fallen a LOT in the last week since publishing this post) and he has made recent claims about how ground breaking it is. Here are just some ways that Artificial Intelligence will help bookkeepers..
I was speaking with a job seeker recently and she was telling me that she had applied for hundreds of jobs and tried dozens of employment sites but got NO job interviews. I mentioned to her that the employment rate is very low at the moment and that there is a lot of demand so she might do all right if she keeps trying.
What I copped next was flurry of expletives about how the Government is making up lies and that there are no jobs available. This lady continued to bend my ear until I had to excuse myself politely.
The problem that most people have with the Job Application Process is that they’re not practiced at it. There is a method and process to follow when applying for jobs and if you approach it with desperation or you get frustrated you lose sight of how you come across to the employer.
The employer is simply following a process to find the best potential job applicant and they want to make sure they get it right. Need help in the job search and application process? That’s where the Career Academy from EzyLearn come in.
Xero have just announced their financial and performance results and the headline figures show strong subscriber growth all over the world, including UK and US where they are trying very hard to get market share like they have in Australia.
It’s now more evident than ever that if you get certified in Xero that you could work for a business in most modern countries around the world. Is that what they called Internationally Accredited?
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.
You may be asking WHY it has taken us so long to create this training course COMBINATION package considering that Xero and Excel go hand in hand for all things financial and accounting?!
Xero is fantastic for keeping track of all of your financial transactions for a business and Microsoft Excel is still the preferred choice by most bookkeepers and accountants for producing reports and working with the data that comes out of Xero.
The versatility of Excel as a spreadsheet means that you can do so much more with it than just make sense of the financial information from your Accounting software. One case study in our Microsoft Excel Courses comes from our own experience about scheduling courses, trainers and training rooms for enrolments when we had a training centre in Dee Why NSW.
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.
There are dozens of new office admin & bookkeeping job ads EVERY day, even for remote workers! Find out how to get them via email
When you’re serious about finding a good office administration or bookkeeping job it pays to have alerts set up on the most popular job search sites. Job alerts save you a lot of time by not having to manually search the same criteria each day, and ensure that you automatically receive email notifications as soon as new jobs become available.
Job alerts also allow you to find out what employers are looking for right now and which tasks they need their job seekers to perform.
With this information you can refine your searches even further to find the jobs most suited to your skills and experience, and then use the criteria to match skills in your resumé and job applications.
MYOB has fallen behind in recent years to other accounting software like Xero. With Xero’s cloud accounting-first strategy, it’s become a leading software in Australia, New Zealand, the UK, and Canada – by focusing on integrations and simple accounting solutions.
MYOB, on the other hand, has caused confusion over its multiple products and unexpected updates, which have since caused users to gravitate away from it.
Now, its repackaged MYOB Essentials and AccountRight under one cloud-based solution. Will this solve its problems?
EzyLearn courses are a great way to upskill and become more confident in office administration and accounting. Some people take an EzyLearn course because their employer wants them to have a qualification, some because they are looking for a job and want to have an edge over the competition, and others because they want to break into a new industry and want the study to back them up.
Whatever the reason might be, EzyLearn has been helping students achieve their goals for over 25 years, and now we want to hear from you!
With so many integrations, Xero has become a leading software for small business accounting. From ecommerce add-ons to payroll and workforce management software, there is a Xero integration for most aspects of business management and administration. It’s little wonder that Xero Courses are becoming so popular.
And credit management is no exception. Chaser HQ is a credit management app that promotes its ability to automate the whole process: from credit checks to chasing up invoices. It’s a UK-based company, but its integration with Xero could see it being used more and more by accounting staff globally, including Australia.
Xero is a great bookkeeping program for tradies who are on the go and using their phones (or a tablet) all the time. From receipts scanning to creating quotes and invoices, receiving payments and keeping track of project costs.