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Bookkeeping & BAS

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How do I start a career in accounting? 1

How do I start a career in accounting?

August 10, 2021

Home » How do I start a career in accounting? So you have an analytical mind, are organised, are attentive to detail, love working with people and numbers, and would like to know how to become an accounting professional. As with any career, there are many pathway options to choose from depending on your budget, […]

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Trial Balance Xero

How to Enter Opening Balances in Xero

February 22, 2021

Home » How to Enter Opening Balances in Xero If you are transitioning from MYOB or another accounting software package to Xero, follow these steps to set up your Xero software with Opening Balances. Conversion Balances – Trial Balance Add outstanding Sales Adding outstanding purchases Full access to Xero Courses and tutorials 1. Conversion Balances […]

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Why Learn Bookkeeping and Accounting?

December 23, 2020

Home » Why Learn Bookkeeping and Accounting? Why Learn Bookkeeping and Accounting? Every company deals with money in some form or another. There are always income and expenses that need to be recorded and cash flow to be managed. This applies to both small businesses and massive global corporations alike. There have been concerns that […]

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What's the purpose of a budget? 2

What’s the purpose of a budget?

December 17, 2020

Home » What’s the purpose of a budget? What’s the purpose of a Budget? A budget is an essential management tool for any business; it is a component of a plan and forecast for a period of time. The period could be annual, quarterly or monthly, and the budget details how the over-all plan will […]

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How to Work form home as a Bookkeeper

How to Work From Home as a Bookkeeper and BAS Agent

December 9, 2020

Home » How to Work From Home as a Bookkeeper and BAS Agent Have you dreamed of being your own boss and like to work your own hours? Love numbers and are proficient with computer applications? Enjoy working with clients in a corporate and administrative capacity? Well, becoming a Bookkeeper may be a perfect fit! […]

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cash flow projection

Forecasting for Bookkeepers

November 24, 2020

Home » Forecasting for Bookkeepers Bookkeepers using accounting packages such as MYOB and Xero can use forecasting as a way to plan and predict futures cash flows and budgets. It can be useful for predicting issues before they arise, from simple reports forecasting accounts receivable and payable cash flow and for long term budgeting and […]

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