Home » » Page 5 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 Xero Courses and tutorials […]
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Home » » Page 5 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 the accountancy
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Home » » Page 5 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 overall plan will be financially executed.
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Home » » Page 5 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! Bookkeepers do much more than crunch numbers, from
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Home » » Page 5 Which is Better, Xero or MYOB? We do a quick run through so you can see for yourself and compare the two cloud applications. We dive into these cloud accounting packages and see how they compare. From Xero and MYOB pricing, functionality and feel one of our trainers gives their
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Home » » Page 5 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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