Bookkeeping & BAS
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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. How to enter opening balances in Xero Conversion Balances – Trial Balance Add outstanding Sales Adding outstanding purchases Full access to […]
Read MoreHome » 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 […]
Read MoreHome » 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 […]
Read MoreHome » 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! […]
Read MoreHome » 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 […]
Read MoreHome » Do I Need To Be Certified To Be A Bookkeeper? Before we answer the question we need to understand the meaning and the process of what it takes to be a bookkeeper. Bookkeeping Certification Requirements What Is Bookkeeping? Understanding The Basics Of Bookkeeping. Different Business Transaction Categories. How To Become a Bookkeeper? Do […]
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