As we have done in previous editions of S & W Insight, we have more updates to help you with your use of Xero software. If you are using Xero you should try setting up these simple dashboards within Xero to help you better manage your business. Here are some features of the business performance dashboard. It displays a snapshot … Read More
Are you thinking of doing business overseas?
If you are thinking about doing business in an overseas market, it’s important to get the right advice structuring, set up and tax advice from the start. Did you know that we are part of Kreston International, a global network of independent accounting firms. As a member of Kreston we are able to provide a complete range of financial and … Read More
Using online accounting software to help you run your business better
If you are still doing your books using Excel and/or Word then you should read on. There are currently fantastic online accounting software options such as Xero and MYOB Live, that can free up your time to spend focussing on your businesses. Following is a list of the benefits of online accounting software that cannot be achieved with a desktop … Read More
Four of the most common financial mistakes small business owners make (and how to avoid them)
Many small business owners are entrepreneurs who started their business to seek freedom, gain a better lifestyle, earn more money or simply because they wanted to run their own show. Although ambitious, small business owners sometimes don’t have the knowledge required to make informed decisions about their finances from the start. Following are four of the most common mistakes small … Read More
XERO tips and tricks
If you are currently using Xero, then please read this article as it is packed full of great tips and tricks to assist you in using the software more efficiently. If you are not using Xero yet and would like to know it can benefit you then click here. Tips and tricks Instructions or links Faster login To speed … Read More
Why you need a good bookkeeper
Having a bookkeeper to do your normal bookkeeping is one thing, but having a good bookkeeper can really help improve your financial accounts and provide you with many other benefits. A good bookkeeper should be able to offer you the following: Handle all sales invoicing and debtors’ reconciliation. Handle all suppliers’ payments and creditors’ reconciliation. Give you timely financial accounts … Read More
SuperStream – effective from 1 July 2015
From 1 July 2015, employers will be required to use SuperStream to send contribution data and make payments electronically (using e-commerce standards) for their staff. All superannuation funds (inclusive of self-managed super funds) must only accept contributions electronically in accordance with the SuperStream standard. The following three key e-commerce details must be provided to the employers: your super fund’s Australian … Read More