Key Advantages of Using Accounting Software For Your Business

The rise of technology has disrupted business in the best way possible: a specific task that should take days or months back then can now be done in minutes or depending on the computer and software you’re using, in mere seconds.

The same can be said towards the improvement of sales analysis, customer retention programs, and process quality maintenance. Which prompts this question: what advantages would be gained from using an accounting software package for your business?

The advantages of acquiring and using an accounting software package for your business are definitely vast and quantifiable, but as a business owner, why should you use an accounting software package for your business? Continue reading

Prepare Your Business for End Of Financial Year and Tax Time

Doing the taxes for your small business or speaking to your accountant may not give a rush of pleasure at all, but it can save you for a lot of pressure in the future. By being tax-smart, you can get through the end of financial year stress-free. With the right preparation, you can minimise your tax bill, maximise the benefits from the Tax Office, and put yourself in a better position for the next financial year.

Be the best small business owner you can be! Now, let’s make every day count by using the following strategies. Continue reading

Double Dipping: 4 Ways How the Changes in Paid Parental Leave Could Affect Your Business

One of the controversial proposals in the Federal Budget 2015 of the Australian government is the revision of paid parental leave. Previously, employees could get their paid parental leave from their employers and the government, which led to the moniker, “Double Dipping”.
This proposed Federal Budget 2015 revision focuses on limiting the paid parental leave employees receive from the government, and increasing the government funds, by forcing them to select only the one with the better paid parental leave scheme.
The Double Dipping provision requires employees to select only the larger paid parental leave incentive from the two, significantly cutting the expected paid parental leave incentives of the working parents in Australia. Continue reading

MYOB Help and Resources

Bookkeeping is a very tedious task that requires rigorous training and continuous education for you to be able to perform the job accurately and effectively. But thanks to MYOB, one of the best Accounting Software products in Australia, everything about bookkeeping and accounting now seems to be plain and simple. Continue reading

Xero Help Resources

Xero

Usage of Accounting Software such as Xero can be a bit intimidating. Accounting and bookkeeping alone are intimidating enough. However, though it may be daunting, both of these are necessary for managing your business efficiently and can greatly improve your business operations.

So how should you go about it? Don’t despair. There are a lot of resources available to give you the Xero help you need to let you maximize the software’s potential. From training programs and self-paced learning to connecting with an expert, your education can be easy and fun. Let’s look at the list below to see how you can learn to navigate through Xero smoothly.

Continue reading

MYOB Add Ons Solutions

MYOB_logo

MYOB is no doubt one of the world’s largest, most popular online and offline accounting systems in the business and accounting world, providing productivity, financial control and easier compliance for small businesses. 86% of small businesses are saying that MYOB software saves time and it is the preferred accounting software for Australian businesses. MYOB has recently released an updated version of its cloud based software, the interface is clean, and there are numerous new features about this software including establishing a chart of accounts, opening balances and add ons! Continue reading

Micronet Accounting Software Review

MIcronet

Micronet Systems is a provider of business and accounting software for all wholesale distribution and account-based, small to medium-sized businesses who require a single incorporated accounting, distribution warehouse and sales solution.

Micronet allows businesses to execute complex processes, realise enhanced efficiencies and increase profitability. Before upgrading to Micronet’s software most of Micronet’s customers had out-grown their entry-level accounting systems. Some businesses just needed a more updated and modern system to lever their internal workflow within a single integrated system. Continue reading

Great Xero Add-Ons

Businesses and small businesses, in particular, are working faster and smarter by using cloud-based software. Xero brings developers, business advisors and customers together in a unique ecosystem of cloud software solutions for small businesses. Connecting great apps and add-ons to a fantastic sales channel is the core of the partner program. And that’s just what we’re going to discuss today!

Xero add-ons are applications and services that integrate with Xero through the Xero API (Application Program Interface). It’s free to become a partner, and Xero is always looking for good solutions and are happy to offer help throughout the process of becoming a certified Xero add-on. So let’s go into more detail, shall we! Continue reading

MYOB Essentials Bookkeeping Review

MYOB Essentials

MYOB Essentials bookkeeping is the fast and easy way to manage your cash flow and ATO compliance requirements. Including time-saving features help take care of day to day bookwork. It is an online-based accounting software so all you need is a login and password. MYOB essentials is a newly formed version of MYOB LiveAccounts, MYOB management has updated the LiveAccounts background and navigation with a clean and modern style, so it’s easier to find the information you need. It’s faster and more instinctive with great new features. Continue reading

Saasu Review – Intuitive Accounting Software

Saasu Accounting Software

Next up in our series of reviews is the review of Saasu Accounting Software for Sunshine Coast Business Owners, another cloud-based program (see here for an explanation of a cloud-based program) that is relatively new to the market. In case you missed our last post, we have a review of Xero up on the blog and will be working on a comparison of the two programs in the coming days.   Continue reading