Small Business Accounting Software Blog

Are you updating your accounting software regularly? 4 reasons you should be.

As the new year begins our thoughts usually turn to new beginnings and making resolutions. It’s a way of promising ourselves to improve in year ahead. That applies as much to your business as it does to your personal life. If you are starting the year with the intention of repeating what you did the year before and the year before that, then your business is stagnating not growing. It is important that you take the time to make [...]

08/01/2018 By John Maddock accounting, General, My Cashflow Manager, small business accounting software, Australian small business, bookkeeping program, software update 0 Comments

7 things every small business should do before Christmas

While Santa’s double checking his naughty and nice lists, make sure you check out our list of 7 tips to make sure your small business is all set for a jolly holly Christmas. Get into the festive spirit The end of a year is also a great time to celebrate and acknowledge the hard work and achievements of your team over the past twelve months. Start by creating a festive environment and getting creative with Christmas decorations, activities and events. Connect on [...]

30/11/2017 By Rebecca Bendikov General, small business accounting software, christmas, small business 0 Comments

How to create a budget for your small business in Cashflow Manager Version 11

A business budget is a vital tool for success in starting and operating your business. It can help you plan the items and expenses necessary if you are a start-up, assist you with getting a business loan, show you how much you can spend each month, and help know how much money you need to make to meet all your expenses. In Cashflow Manager you have always been able to create a budget for a particular account but in Version [...]

28/11/2017 By Rebecca Bendikov My Cashflow Manager, small business, Uncategorized accounting software, bookkeeping, bookkeeping program, cashflow manager, small business, small business bookkeeping 0 Comments

Mistakes small businesses make with their data backups

Everyone knows the importance of backing up their small business data, yet here at Cashflow Manager we still get many calls about lost financial information. Don’t wait until disaster strikes to find out that your backup system isn’t working. Here are three common backup mistakes to look out for. Skipping Backups One of the more serious and common mistakes made by small business owners is skipping or missing backups. This could be because someone simply forgot to do it, or there [...]

15/11/2017 By Rebecca Bendikov General, small business accounting software, data backup, small business 7 Comments

Reporting Simpler BAS in Cashflow Manager Version 11

The Australian Tax Office (ATO) have simplified GST reporting for small business by reducing the amount of GST information required in Business Activity Statements (BAS). From the 1st of July 2017, small businesses will be automatically transferred to Simpler BAS. There are no changes to the reporting frequency or how other taxes are reported on your BAS. With Simpler BAS you only need to report the following GST information: G1 Total Sales 1A GST on Sales 1B GST on Purchases How does this work in [...]

26/10/2017 By Rebecca Bendikov accounting, My Cashflow Manager, small business bookkeeping, small business, small business accounting software 3 Comments

Our new-look Cashflow Manager Version 11 is here!

We are delighted to let you know that you can now download Version 11 of Cashflow Manager, Cashflow Manager GOLD and Wages Manager. The new features included in Version 11 will help you save hours of time with your bookkeeping, give you valuable insights into your business, as well as keeping you compliant with the Australian Tax Office. Two of the new features we are most excited to share with you include new navigation which makes it quicker and easier [...]

19/09/2017 By Tim Millar General, My Cashflow Manager, small business, Uncategorized accounting software, australian accounting software, cashflow manager, small business 53 Comments

End of Financial Year is Here!

The end of financial year is here, so it’s time for small business owners to get on top of all their reporting requirements to ensure they are not selected for a tax audit. There are things you must provide the ATO with and information you need to pass on to your accountant. So where do you begin? Here is a list of some things you need to consider in the lead up to the new financial year. Make sure you [...]

28/06/2017 By Rebecca Bendikov accounting, General, My Cashflow Manager, small business, Uncategorized accounting software, bookkeeping, end of financial year, small business 10 Comments

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 [...]

22/06/2017 By Rob Richards General, small business accounting software, bookkeeping, simpler BAS, small business accounting software 6 Comments

The top 10 mistakes in DIY bookkeeping

It’s time to put your bookkeeping processes under the microscope again as we draw closer to the end of financial year. It seems that bookkeeping is either a task left in the ‘to do’ basket until it’s too late or done at the last minute, increasing the likelihood of mistakes. I know that many small to medium business owners are often juggling a variety of tasks, from managing staff and business developments, through to hands-on work. However, simple bookkeeping mistakes [...]

08/06/2017 By Wayne Burgan accounting, small business accounting software, bookkeeping, small business 1 Comment

Customer Story: DISO Property & Insurance Restorations

DISO Insurance and Property Restorations is a building company, renowned for its excellence in construction, structural building repair, and property restoration. DISO was established in Queensland in 2010, by licensed builder, Spiro Kemertzis. Originally specialising in small business works, DISO soon expanded into all areas of the building industry – most notably insurance repairs. Spiro was soon in such high demand that he had to hire a team of tradesmen to work for him. To address natural disasters, Spiro created a [...]

25/05/2017 By Rebecca Bendikov Client Stories accounting software, small business 0 Comments