Blog tagged as accounting software

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-rec...

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07.05.15 01:46 PM - Comment(s)
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...

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02.05.15 12:49 PM - Comment(s)
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 p...

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30.01.15 10:33 AM - Comment(s)
Is poor cash flow the reason so many Australian small businesses are failing?

Small businesses in Australia are under pressure, according to statistics released by the Australian Securities and Investments Commission (ASIC). The figures show that the percentage of small businesses failing is on the rise, with owners struggling with issues such as cash flow, strategic pla...

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03.11.14 10:17 AM - Comment(s)
How to complete your small business bank reconciliation in Cashflow Manager

Reconciling your bank accounts each month in Cashflow Manager is one of the easiest ways to make sure that your financial data is up to date and correct. However, many small business owners who take care of their own bookkeeping aren’t doing this regularly yet.

Since so many of you have asked questio...

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11.09.14 08:39 AM - Comment(s)
Why your small business should be using invoicing software
The benefits of using Invoicing Software are pretty obvious! With Cashflow Manager, you can create invoices quickly and easily, but there are also little extras that will help your small business
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28.07.14 10:21 AM - Comment(s)
It's a matter of time: how accounting software can save your small business hours of work
In business, time is money and anything that is taking you away from growing your business is costing you! Cashflow Manager small business accounting software saves you time by being easy
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14.07.14 10:04 AM - Comment(s)
4 reasons to use online banking in your small business
Online banking offers a very welcome change from sitting down for hours to physically balance your cheque books and dealing with the errors that come from hand-written ledgers. It has
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07.07.14 10:02 AM - Comment(s)
4 Advantages of using payroll software in your Small Business
Employee costs are one of the largest expenses for small businesses, and having control over this element is essential for your growth and success. There is a fair bit of work
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02.07.14 09:58 AM - Comment(s)
The small business guide to a stress-free end of financial year
The end of the financial year can be a stressful time for small business owners due to the reporting obligations you have to take care of as a business. You have
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15.06.13 11:17 AM - Comment(s)