MYOB Business: Combining Essentials and AccountRight

When it comes to Australian accounting software, MYOB is a top player in the field. It’s has been in use in Australia for accounting and bookkeeping for the last 30 years, releasing a number of different editions and formats over that time. In recent years, MYOB have offered a low-cost platform, MYOB Essentials, and a premium option, MYOB AccountRight. Continue reading

What Does a Bookkeeper Do in a Business?

People who excel in their chosen field will often opt to start a business. They may think that they can simply do the work and get paid. However, there are many other facets that all contribute to your business’s success. One of the key aspects is managing the finances and reporting income and outgoings to the Australian Taxation Office. This might seem straightforward enough, but there is a wide range of factors that you need to take into account when it comes to the day-to-day running of your business. As a business owner, you may recognise that you need a bookkeeper. But what is a bookkeeper? And what work do bookkeepers do? Let us break down exactly what they are and how they can help your business. Continue reading

How to add an employee in Xero: a step-by-step guide

How to add an employee in Xero

Learn how to add an employee in Xero correctly to ensure you comply with Australian employment regulations and requirements, as well as setting up payroll and superannuation information. Follow this easy step-by-step guide and video tutorial.

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Online Bookkeeping: What are the pros and cons?

Online bookkeeping has many benefits

Many Australian businesses are turning to online bookkeeping services to manage their bookkeeping needs, but what is it that a small business owner should look for in a bookkeeping service, and is this the right choice for your business? Let’s look at some of the benefits and challenges associated with using an online bookkeeper to help manage your accounts.

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Outsourced Bookkeeping: Benefits vs Hiring In-House

outsourced bookkeeping services have many benefits

As a business owner, you’re probably all too aware of how important accurate and reliable bookkeeping is to your operations. It’s a function that most successful businesses couldn’t do without. Not only are there potential risks to your business if bills and payroll aren’t paid on time, the Tax Office could also come knocking when BAS lodgements are late and taxes remain unpaid. Being such an important role in your company, you might think that the safest approach would be to hire a bookkeeper in-house. However, there is also the alternative of outsourced bookkeeping that can provide greater security and flexibility, as well as time and cost benefits.

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Xero vs MYOB: An Indepth Comparison

Xero vs MYOB indepth comparison

Are you in the market for accounting software but need some guidance to choose the right one for your Australian business? Rest assured, we’ve got you covered. In this article we provide an in-depth comparison of Xero vs MYOB to assist you in making this important decision.

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Bookkeeping for Small Business – Expert Guide

Small business bookkeeping - expert guide

If you’re running a small business, having efficient and effective bookkeeping systems in place is crucial to giving your business the best chance at success. Regardless of whether your small business is in the start-up phase of launching or it has been trading for a while, knowing that your financial records are in order goes a long way towards freeing you up to focus on the goals of your business and helps you to make informed decisions that can impact your bottom line in the longer-term.

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QuickBooks Self-Employed – A Quick Overview

Quickbooks Self-Employed Accounting Software overview

QuickBooks Self-Employed and QuickBooks Online are both accounting software solutions from Intuit, but they are designed for different types of businesses. QuickBooks Self-Employed is specifically designed for freelancers, contractors, and sole traders, while QuickBooks Online is a more comprehensive solution that can be used by businesses of all sizes. In this article we’ll provide an overview of Quickbooks Self-Employed and discuss the differences to Quickbooks Online.

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Cashflow Manager: Simple Accounting Software for Small Business

Cashflow Manager accounting software to help with cash flow management and cash flow forecasting

Having access to money when it’s needed is critical to the success of any business, but even more so for small businesses. If you can’t pay your suppliers or your staff dependably, it’s a red flag that you need to get on top of managing your cash flow, spend time on cash flow forecasting and put some budgets in place. Thankfully there are tools to help make this job easier. In this article we’ll discuss the features and benefits of Cashflow Manager accounting software.

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MYOB Advanced Business – Features and Comparison

MYOB Advanced Business platform includes inventory management

Large and growing businesses can benefit from MYOB Advanced Business, a comprehensive cloud-based platform for resource planning, inventory management, and more. MYOB Advanced Business comes with a wide range of features to help businesses manage their resources efficiently. If you are a growing business, understanding what the platform has to offer could save you time and money in the long run.

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