Blog
“Too much cash isn’t always a good thing”. It sounds impossible. Improbable. Incomprehensible. Especially for an accountant to say. Businesses love cash, but is there such a thing as having too much? While it may seem counterintuitive to ‘suffer’ from... Read more
March is fringe benefit tax season. “Yippee!” we hear you shout! The FBT year is 1 April – 31 March, so it’s around this time we get asked about FBT. Particularly, one of the most common forms of fringe benefit:... Read more
Now more than ever, a robust and objective audit function with skills to identify risk, control problems and the authority to pursue concerns, is essential for sound corporate governance. Corporate governance has been widely criticised in recent years, in the... Read more
So. You’ve made the jump to Xero and (you’re rightly so) expecting fireworks. If you’re flying solo and haven’t got an experienced Xero Partner (like us!) taking you through it, there’s some “nice to know” tips that, well, would be... Read more
A recent survey by Xero has revealed that 46% of businesses in Australia, not using cloud, are planning to do so in the next 12 months. With Xero expanding their capabilities through their add-on marketplace, Xero now supports 350 add-ons.... Read more
Not only for our clients, but for ourselves as well. For the last 12 months we’ve been using and happily recommending Receipt Bank to our clients. Receipt Bank’s aim is to remove the burden that bills, receipts and invoices place... Read more
Coming into the silly season we often get asked about entertainment expenses. What’s reasonable? What’s deductible? In short Entertainment expenses are generally not deductible. This includes the cost of business lunches… even if you’re doing ‘business’, attendance at sporting events…... Read more
Buying an existing business can be a great opportunity to hit the ground running and avoid the disadvantages of starting from the ground up. In a majority of situations, buying an existing business is considered a safe option. You acquire... Read more
Money is the lifeline of any business, so regardless of if you’re starting out or running an existing business, securing finance is important – especially for small businesses. Before you approach a lender or investor, make sure you and your... Read more
Landing a big contract is great news for you and your business. But before you pop the champagne cork you’ve got some thinking (and talking) to do. Increased business = Increased risk. Growing your business means your business increases in... Read more
