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Xero vs HNRY + Thriday + Rounded + Parpera

Unlike HNRY Xero doesn't offer bank accounts that deducted Tax and GST payments for you - Online Xero Training Courses & Support

Would you sign up to a Xero controlled back account? Would you let Xero become your accountant or tax agent to the Australian Taxation Office (ATO)?

Does that sound strange? Imagine if Xero managed your bank account for you and made sure that all your taxes were paid for automatically BEFORE allowing you to receive your pay.

Doesn’t that “sort of” happen already with Single Touch Payroll?

If Xero had their own accountants would you go with a Xero accountant for your own business?

Continue reading Xero vs HNRY + Thriday + Rounded + Parpera
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Tips for Cash Flow Forecasting using Xero

Float-Xero-Cash-flow-reporting-forecasting-and-budgets-vs-actuals-training-courses-EzyLearn-Career-Academy-Online-Business-Courses

We’re approaching the end of the financial year and everyone will be reading and trying to understand their annual financial reports, particularly if they have outstanding Superannuation to pay (and claim) or they need funding.

I’ve written in the past about how to create a cashflow forecast using Xero and Excel and this post is a summary of good practices and recommendations when it comes to cashflow reporting

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Bookkeeping fun? Yeh, nah

failure to lodge penalties how to manage payroll in Excel online training course

I’ve often wondered why EzyLearn has become best know for MYOB & Xero Bookkeeping courses and about the students who need to do a bookkeeping course to find work. It’s not the most exciting of topics really and most students do a MYOB/Xero course because they HAVE TO, not because they want to.

When we we design the outline and case studies for our courses I’ve tried to have some fun with the accounting aspects of a business. I’m not sure about you but the best part of starting a new business is the beginning when everything is new and shiny!

Continue reading Bookkeeping fun? Yeh, nah
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Seen the new cheap accounting software on Facebook? FREE for 6 months, is it okke?

OKKE FREE accounting software for 6 months no online training required vs Xero - Website Image - EzyLearn

Am I a bookkeeping nerd or is everyone else also seeing these “financial” advertisements for tax lodgement, easy bookkeeping and 6 month FREE access to accounting software?

It’s interesting to see a new accounting software company appear in Australia despite the fact that many have come and gone in the past – particularly during this market downturn for technology shares! Their offer is pretty compelling though..

Continue reading Seen the new cheap accounting software on Facebook? FREE for 6 months, is it okke?
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Deputy, KeyPay, Square Teams, QuickBooks Time Training Course NOW Available

Square-Team-Staff-Rostering-Scheduling-Workforce-Management-Software-Training-Courses-Smartphone-apps-EzyLearn

These are the market leading workforce management integrations for rostering, scheduling and time and attendance monitoring. Deputy was one of the first but the major accounting software companies are now snapping them up.

The most interesting story here has been KeyPay. I’ve loved the fact that Intuit partnered with the Australian company KeyPay to provide all of the local Australian payroll functionality in their QuickBooks Online software. Tsheets would also have been in this list but you know what happened to them..

Continue reading Deputy, KeyPay, Square Teams, QuickBooks Time Training Course NOW Available
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FREE Courses for Job Seekers who enrol into MYOB, Xero and Excel Complete

EzyLearn FREE Student Inclusions logo

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.

Continue reading FREE Courses for Job Seekers who enrol into MYOB, Xero and Excel Complete
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Xero Sacks 800 Staff, Highlights Hiring International Workers & Improves Button

Average-wage-for-staff-accountant-in-India-is-equivalent-to-under-6000-AUD-per-year-Challenges-for-Australian-Bookkeepers-using-Xero-Software-EzyLearn

It certainly is an interesting time we’re going through financially. Most of us (around the world) are hurting because of higher costs and as a result the RBA increases interest rates so we focus on paying down our debts rather than consuming more things. Some people I’ve been speaking with are predicting even worse times ahead and the recent sacking of staff from Xero and Atlassian show the global trend is affecting Australia.

After hearing about the recent sackings at Xero it was interesting to see what else was going on at Xero. The two things that stood out the most to me was an improved Approval button for invoicing (and that there are now two versions of invoicing) and how Dinesh Aggarwal from Fortuna Advisory is finding it harder to hire local staff so he’s outsourcing.

Continue reading Xero Sacks 800 Staff, Highlights Hiring International Workers & Improves Button
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Does Xero Integrate with Twitter? Why?

Make enables integration between Xero and Twitter - Xero Training Courses from EzyLearn & Career Academy

My last blog post was about the different ways that Twitter can make money. One of the most compelling reasons that I read about recently was as a payment gateway like WeChat. Apparently WeChat is a SuperApp that does lots of things and Elon Musk was impressed by it when he learnt about it in a visit to China to open his Tesla Gigafactory there.

Naturally I dug a little deeper to see if Xero currently integrates with Twitter and it does but not for payments.

Continue reading Does Xero Integrate with Twitter? Why?
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Payroll Training Courses have been updated again – STP Phase 2 updates

11 STP 2 Portal Step 2 - updated Xero Payroll Training Course - cropped

It’s been an interesting year for employers as they grapple with the changes to Single Touch Payroll. Even the major software companies (Xero springs to mind) have taken longer than expected to implement changes.

I was speaking with a cafe/restaurant owner in the Central Coast recently who was trying to implement Deputy (for staff roster and scheduling) with Xero and was having trouble with the STP Phase 2 component. She mentioned that the issue appeared to be with Deputy but I did some research using ChatGPT and this is what the Artificial Intelligence software told me!

Continue reading Payroll Training Courses have been updated again – STP Phase 2 updates
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Who Really Needs Phone Support These Days?

Who wants to wait for phone support for myob and xero course frustrated by waiting on the phone, lady sml

When I first took EzyLearn online in 2007 I was concerned at how much phone support students would need. What I learnt was the better the user experience and course design for our students the less calls we’d get.

Our team have been exploring ways of bringing the cost of our courses down even further in this tough economic environment and one of the biggest cost savings is to focus on SMS, Email and Website Chat support.

We have a number of graduates who are available as tutors and perhaps this could be an option, what do you think?

Continue reading Who Really Needs Phone Support These Days?
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Micro Courses in Excel, Xero, MYOB from $49, or BUNDLES, COMPLETE Courses and COMBOS

Micro Courses and Stackable Micro Credential by EzyLearn

One of the disciplines I’ve tried to focus on when created online courses in bookkeeping and office admin is to keep the courses short and manageable. When we operated our Sydney training centres we tried to keep class times between 2.5-3 hours because most students can’t concentrate for a whole day.

For the MYOB & Xero Bookkeeping Courses this means that students can enrol into short courses, which are now commonly referred to as Micro Courses that cover very specific skills. We’ve recently changed how we show this information using our Learning Orbs.

Continue reading Micro Courses in Excel, Xero, MYOB from $49, or BUNDLES, COMPLETE Courses and COMBOS
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Learn Xero AND the Integrations that make it a platform for work.

Xero Subscriber Growth - Learn Xero in our online training course and get an Internationally recogised Bookkeeping Certificate - EzyLearn

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?

Continue reading Learn Xero AND the Integrations that make it a platform for work.
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R U Spending Too Much Time Alone?

Do you spend more time alone or with your partner, co-workers or your children - Study Xero & MYOB Online Courses and spend time with your family - EzyLearn

Many new students learnt how to use online accounting software like Xero and MYOB Business Essentials during the Covid Period because they were working remotely from home. Most of those students thought we had just started working from home ourselves but we told them we’ve been online for over a decade.

The conversation topics that came up a lot was how can you work from home, do you get lonely, do you get distracted etc?

The reality is that our entire team work from home and once you are used to the discipline of working from home you can take lots of breaks when you need them and can focus better on customer service. I found some research that showed just how much time people are now spending alone.

Continue reading R U Spending Too Much Time Alone?
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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.

Continue reading Xero Boast Top Innovator in “AFR BOSS Most Innovative list”, Just Behind Telstra!
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Bills to Pay, Past or Future, Xero or CBA

Xero-Analytics-Plus-is-a-paid-subscription-for-Short-Term-Cashflow-Projection-Online-Bookkeeping-Training-Courses-Certification-in-Xero

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.

Continue reading Bills to Pay, Past or Future, Xero or CBA
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Xero Bookkeeping using Value-Based Pricing – Learn from your kid & their chores

Weekly and Daily Chores for Kids using Value-based rewards - Online Microsoft Excel Training Courses

I participated in an interesting project this week that clearly defined Performance Based Pricing. It came about because paying a flat wage just didn’t produce the desired outcome. Let’s just say that the kids didn’t complete all their chores and their mum got tired of paying pocket money while having to chase them up every day – sound familiar?

Xero have always promoted Performance Based Pricing (also known as Value-based pricing) as the best way to run a bookkeeping business but have the flexibility to operate your own hours. It’s based on paying for outcomes rather than time. It encourages workers to use technology to be more productive.

Continue reading Xero Bookkeeping using Value-Based Pricing – Learn from your kid & their chores