#Bookkeeping
Could AI finally kill off month-end bookkeeping stress for SMEs?
Manual transaction coding is finance’s biggest time drain. Budgetly’s Lisa Callaghan explains why AI Bookkeeping is built to know when to step back.Manual transaction coding is finance’s biggest time drain. Budgetly’s Lisa Callaghan explains why AI Bookkeeping is built to know when to step back.
Change afoot for credit card interchange: what the new rates mean for small business
Australians will feel the impact of the upcoming new credit card interchange regulations — we’re a nation of points junkies with 11 million Qantas Frequent Flyers * alone. But while everyone’s thinking about how the reverberations of these changes affect consumers, it’s easy to forget that new interchange rates raise a number of big questions […]
Is it time to outsource parts of your start-up?
Is your start-up gaining momentum to the point that work is piling up and your small team is struggling to keep up? Outsourcing a few tasks might be just what your team needs to concentrate on their field of expertise and achieve the best possible results. Deciding what to outsource might be one of the key decisions you’ll make […]
5 bookkeeping habits entrepreneurs should adopt
What do all successful businesses have in common? They’ve managed their finances effectively with good bookkeeping habits. Every business – no matter its size – needs an organised financial recording system to keep track of its expenses. Adopt these 5 bookkeeping habits to stay on top of your business’s finances. Invest In the Right Software […]
When it comes to accounting, it increasingly makes sense to have your head in the cloud
There are many options out there for sole traders and SMEs when it comes to managing business invoicing and accounting. The first solutions people tend to turn to are the reliable classics: Word and Excel. While these offer some snazzy invoice templates, they may be a bit harder and more time consuming to work with […]
How start-ups can accelerate growth
Startups and small businesses play a vital role in Australia’s economy. According to the Australian Bureau of Statistics, SMBs make up 96 per cent of all Australian businesses. As a former small business owner and now an executive who works closely with startups and small businesses, it’s been encouraging to see the Government support Australia’s […]
5 compelling reasons to digitise your documents now
When it comes to maximising the security of data in your office space, digitising your documents is one of the easiest ways to ensure all bases are covered.
EOFY tax planning for shareholders
With the End Of The Financial Year on the not so distant horizon, it’s a good time to organise your financial affairs and assess whether your investments are structured to give yourself the best tax advantage.
How to manage business bookkeeping
Take the following steps to ensure that your business’ bookkeeping doesn’t become an overwhelming burden.
Poor bookkeeping horror story: a bean counter’s tale
If you think that bookkeeping and accounting fees are high, consider this horror story, which could be the one tale that gets business owners thinking about their own business.
Australians are using more online services than ever
We spoke to CEO Gary Swart about the growing trend among Australian small businesses to outsource office admin.
5 services your business should be outsourcing
Outsourcing is often considered to be a dirty word but it’s a legitimate way of reducing business costs.
EOFY: Five cashflow improving tax-time strategies
With the end of financial year and the introduction of the carbon tax fast approaching, businesses should be looking to maximise tax returns and improve cashflow. These five tips will ensure you make the right decisions during this all-important period.
The 110 things that need doing before tax year-end
With only a week and a half to go, time’s running out to get your year-end actions in order. If you’re unsure whether you’ve missed any EOFY opportunities, here are 110 ideas to help you ensure you’ve got all bases covered.
Five reasons you should bother with annual financial reporting
Having your business annual financial reports completed can be met with the same level of enthusiasm as a visit to the dentist. But there are number of very good reasons, beyond preparing a tax return, as to why business owners need to keep on top of their reporting.
The EOFY countdown begins
Happy June! The end of financial year ‘EOFY’ is almost upon us! I know that, for some of you, today signals added stress and more pressure. But that doesn’t need to be the case.
Time to honour our unsung Aussie business heroes
In the business community many of our celebrations and political rhetoric are centered around the fantastic contribution business owners in Australia make to the overall productivity and success of the economy – and rightly so