The importance of bookkeeping cannot be denied in the world of business. Even businesses that are just starting up recognize the value of setting up an efficient financial recording system as early as possible. The value of this is realized when the information compiled is organized in a meaningful way like a Profit & Loss […]

        Xero       MYOB       Saasu   QuickBooks                                                 Inventory When it comes to inventory functionality not all of the accounting software products are offering […]

        Xero       MYOB       Saasu   QuickBooks                                                       Accounts Payable     Purchase Orders Xero does not have a function for […]

        Xero       MYOB       Saasu   QuickBooks                 Quotes Xero does not have a quote feature as yet. However, alternatively you can use the draft invoice function to create a quote and amend where required. MYOB live Accounts does not […]

Xero     MYOB     Saasu QuickBooks               Banking   Multi-Currency Multi –currency tracking is available in Xero’s top end subscription option for $64 per month. MYOB allows you to handle different currencies in your account through its multi-currency feature in AccountRight Premier and upwards for PC and […]

          Xero     MYOB     Saasu     QuickBooks                 Mobile Application Version       Xero is available as a mobile website as well as through Android and iOS apps. Xero’s mobile app Xero Touch allows you to quickly check your […]

Due to Xero, Saasu, MYOB and Quickbooks products being the 4 most popular accounting software options in the market today we have decided to put together the best comparative analysis available to help prospective users decide which software option is best for their business. By the end of the analysis we are confident that you […]

Hiring an employee can be a time consuming and expensive process as such businesses now are also considering the option were plausible to engage a contractor to perform the same work an employee would. However, a business wanting to engage a contractor instead of an employee must know the differences between the two and what […]

Australian citizens in the past have not been known for their tendency to save significant amounts of money for their retirement, which is why the government established a compulsory superannuation program where the employer that sets aside a percentage of the employee's earnings for their own retirement. Generally, employers have deposited these funds on the […]

Sometimes being an employee seems to offer minimal tax breaks and limited rewards compared to individuals who operate a business to derive their income - enter salary sacrificing. Let's take a look at the advantages of salary sacrifice. Salary sacrifice is a practice carried out by employers in agreement with employees where the employers reduce […]