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Top 10 Reasons You Need a Virtual CFO in Your Business

Virtual CFO’s have been around long before Covid. Of course your mind immediately thinks of the astronomical cost of a CFO, however the main benefit of a virtual CFO is the removing all the overheads. The affordability of having a Chief Financial Officer (CFO) is no longer just a luxury for large corporations. Businesses of…

Do you DIY Bookkeeping? Know You’re On Track with a Health Check

With the constant pressures of cost of living not to mention businesses having a hard time everywhere at the moment, cutting back and finding ways to save is at the forefront of everyone’s mind. Since the rise of cloud accounting (systems like Xero, MYOB etc), DIY bookkeeping has never been easier. As bookkeepers of course…

How Tradies Can DIY Bookkeeping: The Right Way

Tradies Australia wide DIY bookkeeping and have for years. Running a trade business comes with plenty of responsibilities, from managing projects to ensuring customer satisfaction. Amidst all these tasks, bookkeeping often takes a backseat. However, it’s crucial for tradies to maintain accurate financial records to understand their business’s health, make informed decisions, and meet legal…

Streamlining Expense Claims

Wondered how streamlining expense claims can help your business? By putting in place a process and systems, you can be sure that claims are all legitimate and entered into your accounting software correctly. This will mean your staff are paid back correctly and quickly, and also their expenses are then entered in to your accounting…

Get Paid Quicker: Why More Businesses Are Using Stripe

Thought about using Stripe? We all work to get paid right? Let’s make it easier for people to pay us! No doubt you understand the challenges of managing finances and ensuring timely payments from clients. Stripe has been a game changer for many businesses. Not only for people with e-commerce businesses, but for anyone who…

How Business Owners Can Set Themselves Up for Success in 2024

After the ‘interesting’ year in business that has been 2023, it is quite frankly a no brainer for business owners to stay ahead of the curve and prepare for the challenges and opportunities that the future may hold. Setting the stage for success in 2024 involves a combination of strategic planning, financial discipline and a…

Christmas Party & Gifting: A Guide to What You Can and Can’t Claim

As the festive season approaches, businesses are gearing up for Christmas parties and thoughtful gifting to express thanks to their employees. Knowing what you can and can’t claim can be confusing and can make a big difference to how you celebrate. It’s crucial for businesses to be aware of the tax implications associated with these…

Receipt Apps: Why We Love Them

Receipt apps are accessible and increasingly popular. Correct record keeping is the start of successful financial management for small businesses. Whether you’ve been in business for years or just starting, maintaining organised and secure financial records is essential. These records help you make informed decisions, prepare for taxes and demonstrate the financial health of your…

Boost Your Efficiency: Integrating ChatGPT into Your Daily Operations

In today’s fast moving world, the need for efficiency is bigger than ever. Small businesses especially are often looking for ways to streamline operations, cut down on costs, and boost productivity. If you haven’t already, you need to consider using ChatGPT, the AI-driven software that’s changing how businesses operate. If you haven’t yet started integrating…

Why We Love ApprovalMax for Medical Practices

ApprovalMax is a cloud-based approval workflow solution designed to simplify the approval processes for various financial transactions. While it wasn’t specifically designed for medical practices, its features can be very beneficial for them just as they are for other businesses. Here are our favourite ways ApprovalMax helps medical practices. ✅ Streamlined Approval Workflows Medical practices…