Yes, it’s true! You can get Xero Certification for FREE directly from Xero. Xero offer two free Certifications:
We had a course inquiry from someone who had already done this certification and they raved about Xero and what it can do and how it works – BUT THEY HAD NEVER USED XERO!
Continue reading Is Xero Training Free?
I wrote about the Bookkeeping Academy membership a couple weeks ago and how it’s our aim to help our students get discovered for bookkeeping work after they complete their course.
Gina has 10 years experience in every aspect of operating and managing a tourist and caravan park in her home state of Tasmania and she loved the bookkeeping side of the work so much she wants to do it for other businesses.
She learnt how to use Xero and loves how it means she can do the work from anywhere – even Zeehan in Tasmania’s west.
Continue reading Welcome to Bookkeeping Academy Member: Gina Diprose
Branding themes are just a fancy word for templates and you can create as many as you need in Xero. The biggest reasons to use different branding themes is if you use different payment methods or you have different brands within the business.
A major benefit when using branding themes is you can allocate a different theme for selected customers. For example if you have a set of customers that allow you to deduct payment for their invoices using a service uCollect you can allocate a branding theme in Xero that doesn’t give them the option to pay that invoice but instead shows a message for them NOT to pay and that the payment will be made automatically.
Continue reading What is a branding theme in Xero and why would you use it?
Financial reports reveal the financial state of a business and there are a bunch of standard reports for very specific parts of a business. The most common ones are the Profit and Loss Report and the Balance Sheet but they are more often referred to as Statement of Financial Position (Balance Sheet) and Statement of Profit or Loss .
If you’re a subscriber to this blog you’ll recall that I wrote about Xero’s 2023 financial report and how they announced a big loss yet their share price sky rocketed. There’s a lot involved in financial reporting and sometimes a business is more valuable if it is growing quickly than if it makes a loss, particularly if that loss is caused by one off items and helps contribute to future growth.
Continue reading Need to Learn How to Read Financial Reports?
A Cert IV in Bookkeeping and Accounting is the same as any other Cert IV in Bookkeeping and Accounting, right? Wrong.
One of the biggest issues that ex Mentor Education students face in trying to transfer their credits to another training organisation AND continuing their studies is that EVERY RTO can choose some of their own subjects.
So a Cert IV in Bookkeeping can be different from one RTO and TAFE to another even though they’re the same qualification – does that makes sense. Let me demonstrate.
Continue reading Compare Bookkeeping Course Providers – Mentor Education Credit Transfer Issues
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.
Continue reading How To Get Discovered By Local Employers
When you already know some basic office admin skills you can improve your career prospects by upskilling and learning more advanced skills. This is something that YOU have control over and can change. When you choose to learn more about Microsoft Office or Bookkeeping and choose a COMPLETE course package you also get access to the FREE Student Inclusions for Business Owners/Managers.
Business Owners is the term we use for students who are running or managing a business and want to systemise their business as well as become more productive by using more software programs.
Continue reading FREE Courses for Business Owners/Manager who enrol into MYOB & Xero and Excel Courses
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.
Continue reading NoCert, saves money
If you’ve been following what has happened with Mentor Education you probably also have a strong interest in the integrity of Australia’s accredited training industry.
We’ve had a lot of Mentor Education students make contact just to learn more about what they can do about their courses because they hadn’t heard from Mentor Education, nor the receivers. Some students were counting on their qualifications to find work, others were promised a wage increase with a qualification and others have been through several different training providers while they juggle work, family and study.
There appears to be some good news though you wouldn’t know it by any official announcements
Continue reading Mentor Education: Company Wound Up, but… Too Big to Fail? EzyLearn’s OFFER
Ever since I have been in business I have been told about the power of “personalised” marketing messages. Back then it was about sending a personalised letter to customers about something they’re interested in or have purchased in the past. I was running a water filter and cooler business and we had retail customers as well as business customers. That’s when I realised the power of a database.
If you are new to any industry people don’t know you and it’s your job to get to know people and build up a database. The most common way to do this is to advertise, get leads and speak to people – but only 3% of people are ready to buy right now so it’s important to stay in touch with them and most people do that with an email marketing system like MailChimp.
If you an existing business with lots of customers but times are quiet you can also use the customer data from your MYOB and Xero accounting file to connect with people.
Continue reading Mail Merging for Water Filter Replacement Reminders using Microsoft Word Advanced Course
Hairdressing salons are all about people, scheduling and gossip. They are located all over the world and are a fascinating place to watch. I had my hair cut the other day by a recently graduated hair dresser and she did a fantastic job with the cut and the conversation.
Hair dressing salons are a simple business insofar as renting a shop, putting in comfy chairs and mirrors and washing bays and then matching a customer with a hair dresser. The biggest issue is scheduling the right number of hair dressers to match the demand from customers, particularly if there are lots of drop ins.
Trim and Styles Hairdressing was using an Excel spreadsheet to manage their staff but now they’re using Xero and here’s why.
Continue reading Hairdressing Salon Case Study for Payroll Course using Xero and MYOB
Roblox is hugely popular amongst young kids and my little girl loves playing it because she gets to interact online with her friends. She also gets to interact with a whole bunch of strangers who can dress up and choose how they want to be seen through their Avatars.
It’s a lot of fun and millions of kids are playing this game every day but the company is listed on the New York Stock Exchange and are a “for profit” company that needs to pay the wages of it’s 2,100+ workforce (as of Dec 2022).
It was interesting to discover some of the court cases that have involved Roblox but my biggest issue was figuring out how to approach buying their Robux virtual currently so my daughter could buy some cute girl faces, blonde hair and bling!
Continue reading Kids Financial Education Begins at RobloxDid you know that Google earns between $1.50 and $7.00 for EVERY click that you make on a paid ad for Bookkeeping Courses ads? Per Click.
But you can’t just keep clicking on ads because Google limits the number of clicks from the same person/computer/ip address device etc.
Did you also know that some companies can work the Google Ads system and have more than one sponsored ad on a Google Results page? Is it fair? Are they the best solution? Do they end up costing more money?
Continue reading Are Google Ads “sponsored” Listings Better Than Organic Search Results?
This is a tough time for accounting software firms because they’re competing head-to head for new clients at the end of the financial year. Some are offering $1/month for 6 months (like BillCue), 50% discounts, 12 month low monthly rates etc.
The competition is so fierce between accounting software companies that most of them promote what they see as the biggest difference and reason to change.
I was surprised to discover the Xero even compared themselves to Hnry (the full service accounting software, accountant and payment service) at their own website. The more research I do the more comparisons I find at most software company websites.
Some of these software companies are startups with nowhere near the cash of market leaders like Xero & QuickBooks and one of the US based accounting software companies wasn’t able to process $40M in payroll payments in March 2023.
Continue reading US Xero Competitor Missed $40M in Pay ChequesIf you are looking for computerised, online accounting software now is a great time. Just doing a Google search for comparisons between MYOB and Xero will reveal a flurry of ads to capture your attention.
Many micro businesses with one main worker/contractor etc just want to keep track of quotes, invoices, purchases and payments and there are some pretty cheap options available – cue… BillCue.
Continue reading 1$ per month alternative to Xero just for invoices and daily transactions
It’s the end the of the financial year and for small businesses that means getting your affairs in order and buying things if you need them so you can claim the business expense this financial year.
Public companies that are listed on the ASX and other stock exchanges around the world report quarterly or half yearly and if you are a business owner or a share investor it’s important to understand how to read financial reports.
An interesting and relevant example is how Xero recently announced a big loss in their recent financial report but their share price sky-rocketed.
Continue reading Xero’s financial report reveals BIG loss but share price pop.
