Small Business Accounting Software Blog

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 [...]

22/09/2015 By Kelly accounting, General rent manager, rental management software 7 Comments

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 [...]

08/09/2015 By Kelly small business bookkeeping program, computer software 1 Comment

5 easy tips to spring clean your small business

It’s the first week of spring, so as the warmer weather sets in its time to give your business a spring clean. Here are five tips to help you revitalise and refresh your small business. Get on Top of your Bookkeeping Spring clean the way you think about bookkeeping in your small business. Small business owners struggle and stress every day about getting this done. One of the main reasons they avoid the books is because they feel intimidated by their [...]

01/09/2015 By Jordan Taylor Lifestyle, small business accounting, small business 0 Comments

Small business bookkeeping deadly sin #2: Not doing the books often enough

A bad habit that many small business owners admit to is that they do not put time into doing the books very often. Sometimes this stretches for months at a time and culminates at tax time. However, a regular bookkeeping system can provide you with benefits that you would otherwise miss out on. Bookkeeping can be an important asset for your business. It can put your business on a successful course by helping you make those important decisions. A yearly [...]

14/05/2015 By Kelly accounting, small business accounting software, bookkeeping, business success, small business 0 Comments

Small business bookkeeping deadly sin #1: Not reconciling your records to your bank statement

So, what is the first small business bookkeeping deadly sin? Failing to complete a bank reconciliation. It is one of the first things your business accountant and tax auditor will want to see. It is an easy way of ensuring your finances are up to date and indicates the quality of your records. NON-RECONCILED RECORDS: Are a headache for your accountant and will require more time to analyse. You may pay more than necessary to the Tax Office because you missed something [...]

07/05/2015 By Kelly accounting, small business accounting software, bookkeeping, business success, small business 1 Comment

The 9 deadly small business bookkeeping sins… and how you can avoid them

Time and time again, businesses continue to succeed for one fundamental reason. It doesn’t matter how much money they start with, how lucky they get, or even how much talent they can combine. It certainly doesn’t depend on knowing some special “secret” that no one else in their industry has cottoned on to. Having any of these things can help, just as it helps to have an excellent product or service and plenty of common sense. But in our long experience, [...]

02/05/2015 By Jordan Taylor accounting, General, small business accounting software, business success, small business 4 Comments

Small business financial reporting – doing your BAS right

As a small business owner you often don’t have a lot of left over time to spend keeping your records, so it helps to get your reporting done right the first time. One part of financial reporting for your business that can cause confusion is the completion of your Business Activity Statement (BAS). Here are some tips that will help you to complete your BAS quickly and easily. What is a BAS? Businesses use a business activity statement (BAS) to report [...]

03/04/2015 By Kelly accounting, General, My Cashflow Manager, small business accounting software, bookkeeping, business reporting, small business 1 Comment

6 small business tips for improving customer satisfaction

Customer satisfaction is crucial for every small business. It is what keeps people coming back and recommending you to their friends. Ultimately, this is what pays the bills and keeps your business going. Once you have achieved attracting a new customer, it is important to ensure that you don’t lose them. This can happen without you even noticing and is something you have to constantly think about. Here are some ways you can show a bit of love to [...]

10/02/2015 By Jordan Taylor General, small business customer satisfaction, small business 3 Comments

5 back-to-school tips for small business owners

The fresh feeling of heading back to school after a break inspires and motivates students. Often small business owners and customers have that initial motivation too, but over time it wears off. Not only do you need to remain enthusiastic and focused, but your customers need to be reminded why they chose to do business with you in the first place. You can learn a lot from the back to school season, so here are some school inspired tips for [...]

05/02/2015 By Jordan Taylor accounting, General, small business accounting, bookkeeping, small business 0 Comments

Why are more Australians shopping small business?

Australians are beginning to realise that small businesses are a vital part of the nation’s economy, according to results from the second annual Westpac Australia Day Index. The results of the survey show that 9 out of 10 Australians are faithful to their local shops and around half will purchase from small businesses in order to help strengthen the nation’s economy. This is a pretty big change from 12 months ago when the average Australian consumer preferred to shop at bigger [...]

30/01/2015 By Jordan Taylor General, small business accounting software, Australian small business 1 Comment