Simpler BAS Reporting is not far away…

In our recent blog “ATO announces simpler BAS reporting for Small Business” we discussed how the ATO’s introduction on 1 July 2017, of simplified BAS would make it considerably easier for small business to manage their returns. Basically, the reporting requirement for BAS has been simplified so that businesses only have to report the following GST information: GST on sales (1A) GST on purchases (1B) Total sales (G1) While the deadline for commencing with the new Simpler BAS reports is 1 July 2017, which [...]

Read more...

Mapping Bank Statements for auto-allocation of income and expenses

Reconciling your bank accounts each month is one of the simplest ways to make sure your data is up to date and correct, it ensures your financial statements are reflecting your sales and expense activities accurately, and it assists you with doing your tax return at the end of the financial year. For this reason, completing your bank reconciliation is one of the most important functions within your accounting software. With Cashflow Manager you can make your reconciliations much simpler [...]

Read more...

4 Ways New Technology is Changing Small Business

Technology has changed many aspects of the way businesses operate. One thing is for sure; the rapid advancement of technology is not going to slow any time soon. Those businesses who choose to keep up with and embrace current technology will reap the rewards of this, while those who fail to adapt will be left behind. The Rise of Mobile More and more people are using mobile devices to shop, find local businesses and share their retail experiences on social media. Cisco, [...]

Read more...

Should my small business upgrade to Windows 10?

Windows 10 builds on Windows 8’s base, offering desktop improvements and extra security features. Should I upgrade? Microsoft claim that Windows 10 is the last major release of Windows, because with Windows 10 you will get your updates and upgrades automatically, for free, for the lifetime of the device it is installed on. Windows 10 returns to the start menu that wasn’t present in Windows 8. It does have touch screen tiles on it by default, but you can remove these if [...]

Read more...

Why should I keep my Small Business Software Up to Date?

These days business is moving pretty quickly and the compliance world is changing at a crazy pace too with new legislation, reporting requirements and ways to connect coming into play every year. The area of IT and the humble PC is also changing with the new Windows 10 on the way, Windows 8 and 8.1 which are significantly different from previous versions of Windows, the phasing out of Windows XP and the emergence of cloud-based computing. To stay on [...]

Read more...

An Easy Free Method For Securing Your Backups

Making sure you’ve got safe backups of your Cashflow Manager files is important, and backing up your files is something you should be doing regularly. Ideally, you should do it every time you finish using the program. The safest place to make these backups is to an external hard drive that’s completely separate from your computer. This may be something like a USB flash drive, but a solid state external hard drive is best. Saving backups on the same computer [...]

Read more...

5 ways your small business can start the new year well

The promise of New Year promises new opportunities, changes, excitement and of course the chance to make resolutions. This time of year is also the perfect opportunity to reflect on the progress your small business has made in the last 12 months and plan for the next 12. Here are some ideas to help you plan for and get the best start to 2016. Follow the money Give your business every opportunity to thrive and grow by getting a handle on where [...]

Read more...

6 Technology Tips to Help Your Small Business Grow

Making the most of new technology to grow your small business and improve communication, record keeping and efficiency means more than just using computers and smart phones. That said, it doesn’t have to be hard to be a technical whiz. Using the right technology, software and apps makes it easier than ever. Here are 6 easy ways technology can be used right now to improve communication, accountability and efficiency in your small business. Banking on the Go These days, nearly all [...]

Read more...

How to Choose the Best Rental Management Software for Your Investment Property

Managing your rental property is hard enough as it is, so choose the right software program to assist you along the way. Here are some tips to help you make this decision. 1. Focus on the features you are really looking for One of the biggest mistakes made by rental property owners is purchasing software that is too complicated for their needs (which wastes time and money). Let your rental management software do what it does best – manage your investment [...]

Read more...

Why Backing Up Your Computer Software Data is Essential

You know that frustrating feeling when you lose a load of work because your computer crashed and you forgot to hit save? We’ve all been there. Now, imagine if the same thing happened… with all your business data. For any small business owner, it’s a nightmarish scenario – yet it is one that occurs far too often. Regular data backups are absolutely essential for every company or organisation and their importance cannot be overstated. Whether you’re in bookkeeping services yourself or [...]

Read more...