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How Does QuickBooks Compare with Xero?

smiling woman using online quickbooks and xero accounting software

ONE WOULD THINK that an accounting software program that is actually developed by accountants would be the best. However, some believe that the user experience is better with QuickBooks and Xero.

We’ve previously blogged about how QuickBooks accounting compares with MYOB. We’ve also done a comparison of all three accounting programs — MYOB, Xero and QuickBooks.

In doing so, it’s interesting to note that QuickBooks, for small business owners, at least, was the clear winner against MYOB in terms of reporting and user experience. But how does QuickBooks stack up against the increasingly-popular Xero? You may be surprised at the results.

Continue reading How Does QuickBooks Compare with Xero?

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Announcement: Excel Course Spreadsheet Says Yes to Granny Flat Investment – Now Included

Granny flat manufactured home development for property investment

MAKING THE DECISION whether to take the risk and invest in anything is hard. However, when you put the information in an Excel spreadsheet, it soon becomes very clear whether it’s worth doing.

Once you decide it’s worth going ahead, you can use Microsoft Excel to create a Gantt Chart of the project to make sure it happens right as planned.

The EzyLearn COMPLETE Excel Beginners’ to Advanced Online Excel training courses include sample exercises files which will show you specifically and exactly how much you can borrow to invest in property (including a granny flat). Also included is a Gantt chart to help you with project management. Continue reading Announcement: Excel Course Spreadsheet Says Yes to Granny Flat Investment – Now Included

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Xero Expenses – Most Beautiful Accounting Software of All?

Xero Expenses Management changed after they purchased Hubdoc to compete with Receipt Bank - Xero Beginners Training Course

MANAGING EXPENSES AND capturing source documents, like receipts, is the bane of most accounting department managers. But can this now be done with ease?

Before I sold the business for AccessID/EzyAccess Safety Management software, I used the business credit card for all business-related expenses. However, credit card or not, the Financial Controller for our financial team was constantly asking for hardcopy or electronic receipts.

Whether you’re a bookkeeper or business owner, receipt filing (and filing in general) can easily get on top of you. This wouldn’t be so bad if it wasn’t such an important part of running a business.

Some bookkeepers and business owners defer to tradition and print each invoice, bill or other expense and then file the hard copies — but there is a better way. Continue reading Xero Expenses – Most Beautiful Accounting Software of All?

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FREE Xero Accounting & PayPal Training Workbook

FREE Xero Accounting Training Course Workbook

WHEN RUNNING YOUR business, is most of the contact you have with your customers via your mobile phone?

In late 2017 I was involved in a renovation of a Newcastle investment property. During this, I came in direct contact with many tradespeople including:

  • plumbers
  • electricians
  • carpenters
  • asbestos removal contractors
  • painters
  • builders, and
  • labourers

— and one thing really stood out: the way they all seemed to live and breath via their mobile phones but rarely get onto a computer!

This Xero Accounting and PayPal training workbook is our free gift to you. It’s designed for all tradespeople — and anyone else — who does the bulk of their work (and their pricing) ‘out and about’.

It’s designed to help people who just want to get the  financial aspect of their work sorted out — so they can get back to doing what they do best. In the case of these tradies, it was doing a great job on the tools.

Continue reading FREE Xero Accounting & PayPal Training Workbook
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Get Discovered on Google for FREE – and Increase Traffic 100%

SEO Course, WordPress Course, Blogging Course, Content Marketing Course

MANY YEARS AGO I spent $100,000 in advertising in one year. But I didn’t make truckloads of money and became utterly exhausted with the sales process. Yet I still see companies using this approach today: Selling short courses for over-inflated prices to recoup the money they spend on advertising.

When I spent that exorbitant chunk of money on advertising, I then had to hire more people to sell the courses. I had to train these people about what was in the courses, and train the trainers and, well to cut a long story short, spend so much more on resources and overheads that I didn’t make a huge sum of money out of the whole venture at all.

Continue reading Get Discovered on Google for FREE – and Increase Traffic 100%

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Xero In for a Reckoning from Tradies

EzyLearn CEO shaking hands with Reckon One representative

I RECENTLY HAD the pleasure of visiting the Reckon head office in Sydney to learn more about their new Reckon One product — and it’s quite a compelling offer.

To start with, Reckon, a listed company, was not allowed to sell its accounting practice management software (APS) to its competitor, MYOB, because Xero HQ wasn’t much chop.

Yes, that’s right, Xero HQ was deemed so “insufficient and unsophisticated” that it wasn’t viewed by the ACCC as offering any competition in this marketplace whatsoever and therefore they wouldn’t allow MYOB to hold the monopoly.

This made me, and no doubt, many others, realise just how powerful Reckon could be in the online accounting market if it had the right software offer — and now it does.

Continue reading Xero In for a Reckoning from Tradies

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Email Is An Important Part of Your Business’s Brand

Google G Suite Training Courses - contacts, emails, calendars, appointments

Getting your own “branded” email is a cinch!

woman using mobile to learn online digital marketing social media training course study

[dropcap]T[/dropcap]HE INTERNET HAS democratised many elements of starting your own small business, but, in particular, it has made marketing a small business a whole lot easier.

There are now plenty of inexpensive ways to have a logo designed for your business, just as it’s a lot easier to register a business name, ABN, or GST/PAYG.

Another super easy thing to vastly help your business along is getting your own “branded email address”. What do we mean by a branded email address? Simply an email address that carries your branding in the domain name, for example: info@thenameofyourbusiness.com.au versus the far less professional: yourbusinessname@gmail.com. 

Continue reading Email Is An Important Part of Your Business’s Brand

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The Biggest Boost to Business Morale

man communicating about digital media and marketing strategy

WHETHER YOU WORK as a bookkeeper in a small business, are self-employed with your own business, work as a freelancer or independent contractor (maybe even operating a side hustle), as a virtual assistant with a home office, or whether you work as an employee in a large organisation, morale is one of those things that tends to ebb and flow. Continue reading The Biggest Boost to Business Morale

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I’m a Bookkeeper – How Do I Find Good Work?

attractive smiling woman

As mentioned in an earlier post, job boards offer the best-quality jobs for people in professions that translate to any industry; and this includes bookkeeping and accounting jobs.

And as another post showed, there’s a vast number of bookkeeping jobs posted to those sites every day, be it for casual, part-time or full time work. In this post I’m going to explore some ways to do well in the job market. Continue reading I’m a Bookkeeper – How Do I Find Good Work?

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ANNOUNCEMENT: NEW Microsoft Office Training Course BUNDLE now available

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Learn Microsoft Office — Word + Excel + PowerPoint + DropBox + Much More! = $VALUE

MICROSOFT BUNDLED ALL THEIR Office Productivity Suite software programs decades ago for many reasons.

The MAIN reason was so that all businesses, big or small, could use these software programs to improve their productivity and make them look more professional.

We’re now bundling them together for students who want it all.

Continue reading ANNOUNCEMENT: NEW Microsoft Office Training Course BUNDLE now available
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What Do Employers Want From Bookkeeping Job Sites?

woman looking at mobile phone at desk

THE ULTIMATE GOAL of a job site (and they are not all created equal!) is to deliver the highest volume of candidate applications to the job poster (the recruiter or employer), while also providing candidates (job-seekers) with access to the highest volume of top-quality job listings.

Since recruitment classifieds moved online more than two decades ago, the ease with which job-seekers could apply for jobs increased.

Job posters went from getting a handful of applications over the course of a few weeks to hundreds all at once. This spawned the need for businesses to best manage and dare I say it, automate and systemise the hiring process. Continue reading What Do Employers Want From Bookkeeping Job Sites?

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Working Less to Earn More? Why Freelancing is So Darn Popular

man working too hard

EMPLOYEES IN GERMANY have the world’s shortest work week, according to SME Magazine. Their work week averages just 26 hours due to strict workplace relations laws that promote a healthy work-life balance.

Sweden is also known to have implemented a 6-hour workday, or 30-hour work week, following research which has found that countries with shorter working hours generally have higher disposable incomes, greater productivity, and a stronger economy as a result. How can you do this in Australia?

Continue reading Working Less to Earn More? Why Freelancing is So Darn Popular

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Watch out for FAKE Statements of Attainment for Xero & MYOB Short Courses

I’VE WRITTEN MUCH ABOUT accredited training in the past, relating particularly to the use of the term “Diploma”. Just recently, I discovered more murky marketing by a newcomer to the bookkeeping short courses industry.

What’s scary about these training course providers is that they make claims to offer a Diploma, and then after 2 years in business, they apologise for “something beyond their control” like a change in legislation which tells them to stop calling their courses Diplomas, when they are NOT and NEVER WERE IN THE FIRST PLACE!

Want to know why they do this?

Continue reading Watch out for FAKE Statements of Attainment for Xero & MYOB Short Courses

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How to Become an Office Administrator

AN OFFICE ADMINISTRATOR, or administration officer, will provide an array of general administrative tasks for a business or organisation.

These include filing, archiving, calendar & project management, reporting and customer service. Some office administrators carry out basic bookkeeping tasks, such as creating and recording invoices and expenses and the more skills you have the more valuable you become.

Continue reading How to Become an Office Administrator

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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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Bookkeeper Communications During Rescue Work

hire a professional bookeeper across australia

I’VE WRITTEN BEFORE about how you can diagnose whether your business needs rescue bookkeeping and what happens during rescue work.

Because rescue bookkeeping often involves fixing a problem with your data file, the way your MYOB or Xero software has been set up, or entering upwards of three months worth of transactions, it’s a fairly time consuming process.

That time will cost you money but there are ways of reducing and almost eliminating that time.

Continue reading Bookkeeper Communications During Rescue Work