Choosing Accounting Software | Business Accountants - Tax Accounting Adelaide

Bookkeeping by Spreadsheets versus accounting software

Should you move from spreadsheets to accounting software… Why should I move from spreadsheet bookkeeping to using accounting software? I am often asked when businesses are new or fairly new, if they should do their bookkeeping in a spreadsheet and probably not sure why using accounting software like Xero could actually be beneficial. Yes doing…

Simple ways to save on losing money on bad debts

How to avoid bad debts Here are some tips on the topic how to avoid nasty bad debts: It’s very important to have an engagement letter which outlines your price and scope of services fully, make sure this is legally signed before you proceed work. Include a clause which states that you will pass on…

Tips on having great little systems that work for your business Have you ever wondered why some of your simplest business systems are often the best. This month, our business networking group discussed ways of they use systems to help their businesses. Here are what some other businesses do that works for them: use job…

Tips on How to Stay Motivated in Your Business or Professional Life

This month, our business networking group discussed ways of how to stay motivated in your business and career. This was a great discussion and revealed many of us having our ups and downs on the motivational front. 1.Keep a scoreboard at regular intervals such as monthly, sitting with someone else and discussing financial performances is…

End of Year Xero Payroll Tips

End of Year Xero Payroll Tips With the year end fast approaching it is time to think about your employees’ payment summaries. To avoid busy time the end of financial year, here are some tips on what you can do now to prepare for the things that are due soon. Auto Super For Xero Payroll…

Using Delegation to Grow Your Business

Here are some tips and knowledge on the topic of how to successfully delegate:. If you are a micro-business or a one-man band and you have no one to delegate to, you can still delegate to someone such as virtual personal assistant or find some of the most time-consuming tasks and pay someone to do…

How to Save Time?

Our recent business networking meeting discussed the topic of how to save time. Our business owners gave us their tips on how to save time in our professional lives. Train and delegate to staff. Discipline yourself to begin to show your staff how to do things and eventually they will be able to take care…

Ways to Measure Business or Financial Performance

This month, our business networking group discussed ways of how to measure business or financial performance. This was a great discussion and revealed many new benchmark ways business owners are using to monitor the performance of a business or financial lives. Look at your profits and numbers, do this at least monthly or quarterly. Remember…

Why Holiday Is Important for Business Owner?

Romeo enjoyed Ayers Rock in Dec 2014. People always believe that successful business owners are those who hardly have time to take a break from the business. It’s not true actually, holiday is a necessity for happiness and general wellbeing, a great opportunity to spend some time with families friends and is vital for ongoing…

What makes a good accountant?

There are many good attributes of a good accountant here are some of the ones you should be looking for: your accountant should be familiar with your industry do they use online software packages such as Xero do they take the time to understand your situation and business do they return calls and e-mails within…