# Sum And Substance > Bookkeeping, Training and Virtual CFO Services ## Posts - [How to Move from MYOB or QuickBooks to Xero Without the Stress](https://sumsubstance.com.au/how-to-move-from-myob-or-quickbooks-to-xero-without-the-stress/): Switching accounting systems can feel overwhelming. I often meet business owners who want to move from MYOB to Xero, but they hesitate because of fear. - [3 Easy Ways to Save Your Business Money in 2025](https://sumsubstance.com.au/save-money-in-2025/): Everyone likes to save money, right? But as busy business owners, it’s easy to fall into the trap of “it is what it is” when it comes to expenses. - [Why More Melbourne Businesses Are Hiring a Virtual CFO](https://sumsubstance.com.au/why-more-melbourne-businesses-are-hiring-a-virtual-cfo/): If you think a CFO is only for large corporations, think again. - [How to Prepare for End of Financial Year](https://sumsubstance.com.au/how-to-prepare-for-end-of-financial-year/): Here are our top tips on preparing for end of financial year - [Do I Need A Budget? (and How to Create One That Works)](https://sumsubstance.com.au/do-i-need-a-budget-and-how-to-create-one-that-works/): The short answer? Yes. - [Top 3 BAS Mistakes Small Business Owners Make (and how to avoid them)](https://sumsubstance.com.au/bas-mistakes/): If you’re a small business owner managing your own bookkeeping, chances are you’ve come close to the BAS deadline more than once and perhaps even considered throwing your laptop out the window... - [Why You Need a Virtual CFO in 2025](https://sumsubstance.com.au/why-you-need-a-virtual-cfo-in-2025/): Think a Chief Financial Officer (CFO) is only for large corporations? Think again. - [Payroll Checklist for End of Financial Year](https://sumsubstance.com.au/payroll-checklist-for-end-of-financial-year/): Do you have a payroll checklist? The End of Financial Year in Australia is not far away. - [Do You Need Both an Accountant and a Bookkeeper?](https://sumsubstance.com.au/do-you-need-both-an-accountant-and-a-bookkeeper/): As a business owner, one of the most common questions you may have is: "Do I need both an accountant and a bookkeeper, or can I get by with just one?" - [The Hidden Costs of DIY Bookkeeping](https://sumsubstance.com.au/the-hidden-costs-of-diy-bookkeeping/): In an effort to save money, many small business owners take on the task of bookkeeping themselves. - [Lessons from Sports: Leadership and Business Success](https://sumsubstance.com.au/lessons-from-sports-leadership-and-business-success/): Sports have an incredible ability to teach us valuable lessons that extend far beyond the field. - [Business owners: How you can take back your freedom through outsourcing](https://sumsubstance.com.au/business-owners-how-you-can-take-back-your-freedom-through-outsourcing/): When many people start a business, they dream of freedom... Freedom to make decisions, control their time, and choose where and when they work. - [Need a bookkeeper? Here is what to look for:](https://sumsubstance.com.au/what-to-look-for-in-a-bookkeeper/): Maybe you have been doing your own books, or perhaps you have a bookkeeper and it is time for a change. - [How Would I Start My Own Bookkeeping Practice?](https://sumsubstance.com.au/how-would-i-start-my-own-bookkeeping-practice/): Have you ever wondered: how would I start my own bookkeeping practice? - [Our Top 3 Bookkeeping Tips for DIY Bookkeepers](https://sumsubstance.com.au/our-top-3-bookkeeping-tips-for-diy-bookkeepers/): If you're running a small business or handling your own finances, bookkeeping can often feel overwhelming. - [Receipt Apps: Why we love them and you will too!](https://sumsubstance.com.au/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. - [The Importance of Paying Staff Correctly: Lessons from the Commonwealth Bank Case](https://sumsubstance.com.au/the-importance-of-paying-staff-correctly/): Recently, the Commonwealth Bank of Australia made headlines for all the wrong reasons. - [Bookkeepers or Accountants: What is the Difference and Why Both Will Help Your Business Thrive](https://sumsubstance.com.au/bookkeepers-or-accountants/): In the world of finance and business management, the roles of bookkeepers and accountants are often confused- it is very common! - [Tips for a Successful Financial Year](https://sumsubstance.com.au/tips-for-a-successful-financial-year/): As we dive head first into a new financial year, it's important to shake things up and consider strategies that will ensure your business thrives despite economic challenges. - [Top 10 Reasons You Need a Virtual CFO in Your Business](https://sumsubstance.com.au/top-10-reasons-you-need-a-virtual-cfo-in-your-business/): Virtual CFO’s have been around long before Covid. - [Do you DIY Bookkeeping? Know You're On Track with a Health Check](https://sumsubstance.com.au/diy-bookkeeping-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. - [How Tradies Can DIY Bookkeeping: The Right Way](https://sumsubstance.com.au/how-a-tradie-can-diy-bookkeeping-the-right-way/): Tradies Australia wide DIY bookkeeping and have for years. - [Streamlining Expense Claims](https://sumsubstance.com.au/streamlining-expense-claims/): Wondered how streamlining expense claims can help your business? - [Get Paid Quicker: Why More Businesses Are Using Stripe](https://sumsubstance.com.au/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! - [How Business Owners Can Set Themselves Up for Success in 2024](https://sumsubstance.com.au/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. - [Christmas Party & Gifting: A Guide to What You Can and Can't Claim](https://sumsubstance.com.au/christmas-party-gifting-a-guide-to-what-you-can-and-cant-claim/): As the festive season approaches, businesses are gearing up for Christmas parties and thoughtful gifting to express thanks to their employees. - [Boost Your Efficiency: Integrating ChatGPT into Your Daily Operations](https://sumsubstance.com.au/boost-your-efficiency-integrating-chatgpt/): In today's fast moving world, the need for efficiency is bigger than ever. - [Why We Love ApprovalMax for Medical Practices](https://sumsubstance.com.au/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. - [Lessons from Sport to Business- Simplify the Game Plan](https://sumsubstance.com.au/lessons-from-sport-to-business-simplify-the-game-plan/): In the world of sports, strategic planning plays a crucial role in achieving success. - [5 Top Tips to Ease into the New Financial Year](https://sumsubstance.com.au/5-top-tips-to-ease-into-the-new-financial-year/): As the end of the financial year approaches, it's essential to prepare yourself and your finances for a fresh start. - [Empowering Your Team for Success: Lessons from Sports to Business](https://sumsubstance.com.au/empowering-your-team-for-success-lessons-from-sports-to-business/): “You are a true leader when you help your team become successful. - [Doing Your Own Bookkeeping: It Is Easier Than You Think](https://sumsubstance.com.au/diy-bookkeeping-2/): As a small business owner, keeping up with your finances is one of the most important tasks you have. - [Teamwork Makes the Dream Work: A Lesson from Sport to Business](https://sumsubstance.com.au/teamwork-makes-the-dream-work-a-lesson-from-sport-to-business/): Teamwork, effective communication, and self-discipline are all vital factors for success in both sports and business. - [Top Tips for Management Reporting](https://sumsubstance.com.au/top-tips-for-management-reporting/): Good management reporting is essential for any business. These reports are crucial when it comes to analysis and making business decisions. - [Competing With Yourself: A Lesson From Sport To Business](https://sumsubstance.com.au/sports-and-business-lesson-one/): If you know me, you know I LOVE sport, and my son loves his sport even more. He is a fanatical cricket fan. - [How Training Can Benefit Your Medical Practice](https://sumsubstance.com.au/how-training-can-benefit-your-medical-practice/): Wondered how training can benefit your medical practice? In our experience, medical practices have quite a few moving parts. - [Managing Expense Claims](https://sumsubstance.com.au/managing-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 business related items with your personal money then you want to ensure you keep tabs on this to be reimbursed from the business. - [Trouble with Xero?](https://sumsubstance.com.au/trouble-with-xero/): What can I say? I am passionate about Xero! - [Small Business Owners: Let's Talk Training & Why it is Crucial](https://sumsubstance.com.au/lets-talk-about-the-importance-of-training/): Training is important because it represents a good opportunity for employees and business owners to grow their knowledge base and improve their job skills to become more effective in the workplace. Training empowers you and your team to learn new skills, refine existing ones and promotes performance and productivity. These are the ingredients which allow you to be the leader you’ve always dreamed of! - [Why Reporting is Crucial for Small Business](https://sumsubstance.com.au/reporting-for-small-business/): https://youtu.be/kVENh14wYls As a small business owner it is important to review your financial reporting. - [Which Accounting Software is Right for my Business?](https://sumsubstance.com.au/which-accounting-software/): One of the main reasons small businesses fail is because they don’t have a good bookkeeping system. - [EOFY is Coming: Are You Ready?](https://sumsubstance.com.au/eofy-prepare-accounting-bookkeeping/): Can you believe it is May already! With the 30th June just around the corner, now is the time to check you have your bookkeeping and accounting in order. - [Payroll Review- Xero or MYOB plus Top Tips](https://sumsubstance.com.au/payroll-review-are-you-paying-your-staff-correctly/): You see stories in the media often about people being underpaid and then penalties and back payments that then apply. - [3 Easy Ways to Save Your Business Money in 2022](https://sumsubstance.com.au/3-easy-ways-to-save-your-business-money-in-2022/): Everyone likes to save money right? - [How the Cloud is Saving Businesses](https://sumsubstance.com.au/howthecloudissavingbusinesses/): The cloud is saving businesses everywhere! You will hear people always talking about “the cloud”, you have probably even had enough of it. - [How To Set Yourself Up For Success In 2022](https://sumsubstance.com.au/setyourselfupforsuccessin2022/): Well 2021 is finally behind us and hopefully 2022 can only bring us bigger and better things. - [How a CFO can Transform Your Business](https://sumsubstance.com.au/how-a-cfo-can-transform-your-business/): No matter how small your business may be, having a CFO can transform your business. - [The Best Investment is an Investment in Yourself](https://sumsubstance.com.au/invest-in-yourself/): As busy business owners, we rarely have time for ourselves, let alone time for upskilling in areas that may not directly correlate to your businesses offering. - [Why Paying Super Late Can Eat Up Your Business](https://sumsubstance.com.au/why-paying-super-late-can-eat-up-your-business/): In business, just like in life, there are some ‘must do’s’ and then we all have a wish list of ‘nice to have’. - [DIY Bookkeeping](https://sumsubstance.com.au/diy-bookkeeping/): Expenses, invoicing, pays, BAS, GST… the list goes on. - [How a System Health Check Can Help the Quality of your Books](https://sumsubstance.com.au/how-a-system-health-check-can-help-the-quality-of-your-books/): Are you confident that your accounting systems are running optimally and efficiently for your business? - [Importance of Budgeting and Planning](https://sumsubstance.com.au/importance-of-budgeting-and-planning/): Budgets and planning go hand in hand. - [Top Tips on Finding the Right Bookkeeper](https://sumsubstance.com.au/top-tips-on-finding-the-right-bookkeeper/): Are you one of the many business owner’s who has not been able to find that super star bookkeeper? - [The Importance of Management Reports for Business Owners](https://sumsubstance.com.au/the-importance-of-management-reports-for-business-owners/): As a business owner it is important to review financial reports. Financial reports are a way to share the financial story of the business. - [The Top 10 Bookkeeping Mistakes in Food Manufacturing Businesses](https://sumsubstance.com.au/the-top-10-bookkeeping-mistakes-in-food-manufacturing-businesses/): Many small to medium businesses have a part time bookkeeper or have an office manager that does their bookkeeping. - [Managing Your Cashflow in Xero](https://sumsubstance.com.au/managing-your-cashflow-in-xero/): What is the biggest problem that small businesses face? CASHFLOW!!! - [What to Expect When Working With a Virtual CFO](https://sumsubstance.com.au/what-to-expect-when-working-with-a-virtual-cfo/): In this video Neha talks about how a VCFO can help your business and what the process is for working with one. - [The Importance of Training for Business Owners](https://sumsubstance.com.au/the-importance-of-training-for-business-owners/): Training is important because it represents a good opportunity for employees and business owners to grow their knowledge base and improve their job skills to become more effective in the workplace. - [Positives for Business Owners Post Covid](https://sumsubstance.com.au/positives-for-business-owners-post-covid/): The complete humanity is going through distress with the Pandemic. - [Jobkeeper: Fair or Unfair](https://sumsubstance.com.au/jobkeeper-fair-or-unfair/): In March 2020 the government introduced the JobKeeper payment scheme; a response intended to keep more Australians employed while supporting business owners affected by the current economic downturn due to the global pandemic. - [Get your Accounting System Sorted this Lockdown](https://sumsubstance.com.au/get-your-accounting-system-sorted-this-lockdown/): I get it, you have more important things to do in your business than accounting right? - [Automated Business Systems](https://sumsubstance.com.au/automated-business-systems/): Ask any small business owner what they need more of and the answer is always TIME! - [Let's Talk About Accounting Systems](https://sumsubstance.com.au/lets-talk-about-accounting-systems/): Ask any small business owner what they need more of and the answer is always TIME! - [The Importance of a VCFO in Your Business](https://sumsubstance.com.au/the-importance-of-a-vcfo-in-your-business/): If you thought that a CFO or Chief Finance Officer was just for the big companies, you were wrong. - [The Importance of Having Budgets in the Business](https://sumsubstance.com.au/the-importance-of-having-budgets-in-the-business/): Budgets - Why do I need it and how do it do it?? - [More CoVID 19 stimulus measures for businesses](https://sumsubstance.com.au/more-covid-19-stimulus-measures-for-businesses/): Less than 2 weeks after announcing a very generous stimulus package to both individuals and businesses the government has rolled out a second package that will operate in addition to the first package. - [COVID-19 Stimulus for Your Business](https://sumsubstance.com.au/covid-19-stimulus-for-your-business/): Last week the Federal Government released a stimulus package to help keep Australia’s economic head above water. - [Automation & Business](https://sumsubstance.com.au/automation-business/): Ask any small business owner what they need more of and the answer is always TIME! - [Single Touch Payroll - What Every Business Needs To Know!](https://sumsubstance.com.au/single-touch-payroll-what-every-business-needs-to-know/): From 1st July 2019 every small business in Australia that employs staff will need to change their reporting to the ATO. - [Why You Should Use a Registered Accountant as a Bookkeeper](https://sumsubstance.com.au/why-you-should-use-a-registered-accountant-as-a-bookkeeper/): Often people think of bookkeepers and accountants as seperate and performing different functions. - [Have A Stress Free Christmas In Your Business](https://sumsubstance.com.au/have-a-stress-free-christmas-in-your-business/): Christmas can be joyous, but when it comes to money we can all feel the pinch. As business owners there can be even greater issues around money and cashflow. - [Take Your Accounting Systems To The Next Level With These Apps](https://sumsubstance.com.au/take-your-accounting-systems-to-the-next-level-with-these-apps/): Cloud accounting software has certainly helped us become more efficient. - [How A VCFO Can Help Your Business](https://sumsubstance.com.au/how-a-vcfo-can-help-your-business/): If you thought that a CFO or Chief Finance Officer was just for the big companies you were wrong. - [Achieve Work Life Balance Through Outsourcing](https://sumsubstance.com.au/achieve-work-life-balance-through-outsourcing/): Many people who start a business do so because they want freedom. - [The Importance of Using Accounting Software](https://sumsubstance.com.au/the-importance-of-using-accounting-software/): I get it, you have more important things to do in your business than accounting right? - [Bookkeeping Can Be Sexy](https://sumsubstance.com.au/bookkeeping-can-be-sexy/): Ok, so we know this is a bit of stretch…..I know, I know, you are thinking that bookkeeping and accounting just might be the least sexy thing you have do right? - [What to claim when working from home](https://sumsubstance.com.au/what-to-claim-when-working-from-home/): If you have a micro business and work from home here are a few tax deductions you may not have thought about before. - [When To Pay Your Super](https://sumsubstance.com.au/when-to-pay-your-super/): There have been lots of changes to super payments for businesses recently. While the tax office didn’t focus on super for a long time, those days are over. - [Changing dashboard layout in Xero](https://sumsubstance.com.au/changing-dashboard-layout-in-xero/): In this video Kellsie shows you how you can change the layout of your dashboard tabs in Xero. ## Pages - [My account](https://sumsubstance.com.au/my-account/) - [Checkout](https://sumsubstance.com.au/checkout/) - [Cart](https://sumsubstance.com.au/cart/) - [Shop](https://sumsubstance.com.au/shop/) - [Registration Success](https://sumsubstance.com.au/registration-success/) - [Registration](https://sumsubstance.com.au/registration/) - [Training Programs](https://sumsubstance.com.au/training-programs/) - [Education](https://sumsubstance.com.au/webinars-and-training/): Did you know Sum and Substance has a ‘sister’ business, Future Proof Accountants. - [Service](https://sumsubstance.com.au/melbourne-services/) - [Software Setup & Training](https://sumsubstance.com.au/software-setup-training/): *Please contact us if you're interested in a software which is not listed* Simply, just tell us what you need and we will design and deliver our training to suit. - [Bookkeeping & Payroll](https://sumsubstance.com.au/bookkeeping-payroll/): ‘ Neha and her associates are consummate professionals with heart and understanding of the pressures of running a small business. - [CEO and CFO Support & Reporting](https://sumsubstance.com.au/ceo-and-cfo-support-reporting/): Over the years accounting has become automated and often does not require a full accounts department in the business. - [Health Check](https://sumsubstance.com.au/health-check/): Discover whether you are getting the best use of your Xero accounting software and that it is working correctly for your business by conducting a Health Check. - [System Advisory & Support](https://sumsubstance.com.au/system-advisory-support/): Do you need help deciding which accounting software, reporting system, payment gateway or workflow system is best for your business? - [Your Finance Manager](https://sumsubstance.com.au/your-finance-manager/): This is our virtual CFO service which provides businesses with a cost effective solution to a wide range of financial, managerial and operational solutions tailored specifically to your requirements. - [Workshop Services](https://sumsubstance.com.au/workshop-services/): ‘The feedback we have received from participants who heard Neha speak about Finance as part of our Women in Business Mentoring Program has been extremely positive. - [youtube feed](https://sumsubstance.com.au/youtube-feed/) - [YouTube Feed Test](https://sumsubstance.com.au/youtube-feed-test/) - [Client Love](https://sumsubstance.com.au/client-love/) - [Thanks for your message](https://sumsubstance.com.au/thank-you/): We will respond as soon as possible. - [Membership Club](https://sumsubstance.com.au/membership-club/): As a member of the club you will be entitled to the following benefits, depending on the level of membership you have signed up for. - [Test](https://sumsubstance.com.au/test/) - [About](https://sumsubstance.com.au/about/): We offer impeccable, customised and affordable bookkeeping and accounting services to small and mid-size businesses. - [Team](https://sumsubstance.com.au/about/staff-profiles/) - [Photo Gallery](https://sumsubstance.com.au/gallery/) - [How can we help you sleep soundly tonight?](https://sumsubstance.com.au/contact/) - [Testimonials](https://sumsubstance.com.au/testimonials/) - [Blog](https://sumsubstance.com.au/blog/) - [Our Services](https://sumsubstance.com.au/services/) - [Home](https://sumsubstance.com.au/) [comment]: # (Generated by Hostinger Tools Plugin)