Posted on October 10, 2023October 10, 2023 by Steve Slisar

Feeling the squeeze? Are your expenses like mine!?

Learn how to use Microsoft Excel in online training courses to master MyBudget, debt and expenses

After the ludicrous events of the Covid Pandemic this era of high interest rates is squeezing everyone! Interest rates, petrol prices, energy prices and food. Have I missed anything? No, that is everything we need to live these days and prices have gone up a ridiculous amount but do you know how much your costs have gone up by?

I’ve recently taken to Microsoft Excel to perform budget calculations that I haven’t thought much about for a long time.

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

Tips for Cash Flow Forecasting using Xero

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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

Posted on March 22, 2022March 22, 2022 by Xero Training

CommBank and Xero Integration to Help Small Businesses Get Paid Faster

It’s not a secret that in order to stay afloat businesses need to be making money. Access to funds is essential for businesses to not only pay off debts, but also to finance everyday operations and pay their staff and suppliers.

It can become problematic, however, when a business’ cash flow is tied up in unpaid invoices. If a business sells on credit – as many do – they might be in the unfortunate position of waiting to get paid by their customer and struggling to make ends meet in the meantime.

There are a few solutions: one is to use credit management apps like ChaserHQ or Debtor Daddy to help automate the process. Things like chasing up unpaid invoices and escalating debts can be made easier by using these apps that integrate with your accounting software.

The other is to get a loan. Commonwealth Bank’s (CBA) Stream Working Capital is a digital solution for businesses to access the money tied up in their invoices. Here’s what you need to know about it: