Finances

January 12, 2021
Bookkeeping , Finances
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The NY resolutions you must make…and keep for financial wellbeing

If the first of January has come around and if you’re looking to make some resolutions for how you run your business, we’ve got just three easy resolutions that will add to your businesses’ financial success this year....

I’m dreaming of a…Christmas with clear books

2020 has been a bit of a mess, not least for businesses. As we start flying towards Christmas, the words ‘treat-yo-self’ feel extremely pertinent. Yes, you deserve to treat yourself and your business this Christmas. And we think the best Christmas present you can give your business is to clean u...

November 25, 2020
Bookkeeping , Business Plan , Finances , Value
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What’s your true value?

It’s hard when you start out in business. To save money, you try to do everything yourself: marketing; social media; graphic design; web development and SEO; business development; you’re the receptionist and (home) office manager; and worst of all, you wind up doing your own invoicing and record...

November 11, 2020
Bookkeeping , Client Relations , Finances , Tax
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Six signs it’s time to break up with your Accountant (or Bookkeeper!)

Just like any ‘significant other’ relationship, you’ll naturally have ups and downs with your accountant and/or bookkeeper. Sometimes they will feel like the most important people in your world… and other times.........

October 13, 2020
Bookkeeping , Finances , Tax
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Four ways to fast-track (and max) your BAS

Want to get your BAS done quickly and correctly, with the maximum refund you are entitled to? Here are four ways to do it that will also make your BAS agent’s life easier: 1/ Provide all relevant paperwork. The best way to help yourself as well as your BAS agent is simply to provide all [&he...

September 9, 2020
Bookkeeping , Finances , Tax
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‘Marie Kondo’ your accounts this spring

The more ‘neat’ and up to date your accounting file is, the more your accountant can maximise your tax savings. BAS agents and bookkeepers work closely with accountants to ensure your accounts are in order, and that they have the right data at the right time. This makes their job easier; they do...

Does your business have a plan – or are you winging it?

Every business should do an annual budget and forecast to get a better handle on what the year ahead has in store. But there’s another tool that works in concert with budgets and forecasts to give you a roadmap to follow for the year ahead: a business plan....

June 25, 2020
Budget , Finances
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Use budgeting and forecasting to make better decisions

Now is the best time to plan for the financial year ahead. Using a budget and forecast in conjunction gives you the best chance of success, by helping you achieve your overall business goals while enabling you to adapt and evolve as needed....

June 4, 2020
Bookkeeping , Budget , Finances , Payroll , Tax
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Five steps to set your business up for tax-time success

It’s that time of year - the time for us numbers nerds to shine! While most of the planet dread tax time, us BAS agents / bookkeepers absolutely love it. It’s always easier if you’ve been keeping on top of your financials throughout the year - but personally, I also love helping to organise ev...

How tax planning can save you unnecessary tax

One of the best recommendations I can give to any business owner is to schedule a tax planning meeting with their accountant every year. ...