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…
Good management reporting is essential for any business. These reports are crucial when it comes to analysis and making business decisions. Here are my top tips for getting good management reports using your accounting software. Ensure Consistency in Allocations When allocating transactions, it’s important to be consistent. For example, if you’re allocating a transaction to…
If you know me, you know I LOVE sport, and my son loves his sport even more. He is a fanatical cricket fan. He would play cricket, and then come home and get straight on the My Cricket app to look at his stats and work out where we went wrong and what he could…
What are expense claims? If you are a business owner with staff members who spend their personal money for something business related and they want you to reimburse it or if you don’t have a staff but you are under a company structure where your identity is completely different to the business and you purchase…
As a small business owner it is important to review your financial reporting. Financial reports are a way to share the financial story of the business. Whether you are a one man show or you have a full team, reviewing financial reports always help in decision making. Profit and loss is not the only…
You see stories in the media often about people being underpaid and then penalties and back payments that then apply. Simply ‘not knowing’ isn’t a valid reason to not be paying your staff the right entitlements. We can provide a xero payroll review (or any system you use) and also bookkeeping training to any small…
Here are our top tips on preparing for end of financial year
As a business owner it is important to review financial reports. Financial reports are a way to share the financial story of the business. Whether you are a one man show or you have a full team, reviewing financial reports always help in decision making. Profit and loss is not the only report to be…
