On The Record: Staying on top of small business accounting

CraigBusiness Process

inSource pic Office

Staying focused on accounting is hard for any business owner. If you don’t manage your small business accounting accurately, you can endanger the success of your business.   Our 5 accounting tips to help grow your business.   Professional vs. DIY Though many business owners act as head of accounting, sales, and marketing to cut cost, it helps to hire … Read More

The Basics of Inventory Management Streamlining

CraigBusiness Process

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has come a long way in recent years. It is no longer necessary to spend long hours filling in excel spreadsheets and manually counting parts and products. For any business operating from even a modest inventory, getting the basics right can enable better efficiency from the warehouse to the sales floor and generate better and more sustainable profits and forecasting. … Read More

Why having too much cash isn’t always a good thing

CraigGeneral

Too much cash

“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 having cash, the risks can be overlooked, offsetting the benefit of accumulating it in the first place. Why cash isn’t … Read More

Motor Vehicle FBT: What you need to know

StuartTax

FBT Blog

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: cars. What is a car fringe benefit? A common car fringe benefit is where you (the employer) make available a … Read More

How to save time and money FAST: Business Process Automation

DarnelleBusiness Process

How to save time and money FAST with BPA

Every day business owners create more work for themselves with unnecessary double business processes. Time sheets, expense claims, daily POS and supplier invoices do not have to be manually entered. We all know that time is money, so why not save some time and rid your business of unnecessary laborious tasks that cost you money. Enter: Business Process Automation (BPA) … Read More