10 Reasons Why Your Business Should Have a Cash Flow Forecast
A cash flow forecast is a critical financial planning tool for small businesses. It involves estimating the physical future inflows and...
What is a Certified Professional Bookkeeper and Why Would you Hire One?
So what is a Certified Professional Bookkeeper? This is a Bookkeeper who is a member of the professional association, The ICB, or...
Cash Vs Accrual - Are you confused already?
Did you even realise that there are two ways to run a profit and loss report and how you do so could drastically affect the figures? So...
In-house vs Contractor
There may come a point in your business where you believe that it is costing too much to pay a contract bookkeeper and you will hire an...
BAS Agents - What is one and why do I need one?
Most business owners will be familiar with the term 'bookkeeper' and know that a bookkeeper keeps the accounting records up to date on a...
TPAR 101 - Taxable Payments Annual Report - What, Why & How
On the 1st March 2021, the ATO reported that more than 60,000 businesses have not lodged their TPAR for the 2019-2020 financial year. ...
5 Important Financial Reports
Do you regularly check and understand the following reports on your business to see how it has and how it is likely to perform?? Profit...
Is your profit playing hide and seek?
Many a business owner has run a profit and loss report with a nice net profit and wondered “why is there no money in the bank”? Well, my...
Get your ducks (or chickens) in a row for the year ahead
It's the start of the new financial year. Now would be a great time to review the year that was and make a plan for a year that will be....
5 Important Year End Bookkeeping Checks
Here are some tips for important checks to make sure that your books are up to date and the information contained in them is correct for...
