Accounting Trending Articles

slick Melbourne office in Richmond conjures up images of what 1 Infinite Loop, home to Apple or a Google office might look like. There are the friendly happy employees proudly wearing their casual t-shirts emblazoned with the company themed office sits perfectly with theirI’ve been impressed by...

For those of you who are not familiar with Klout, it is a fairly popular way to measure your influence online. You basically link all your social accounts to Klout and it will spit out a number out of 100, that tells you how "influential you are". The exact algorithm is not known but it...

Having experienced running multiple business myself and now helping business owners get more from the accounting software, I thought it would be good to share some of my own mistakes as well as some of the common mistakes business owners continue to make when using accounting software. 1. It’s the...

How do you know if an accountant is good or not? Is it only about the numbers or is there more to it? A great accountant not only keeps the numbers intact... they should be your long-term business partner and work with you towards your long-term vision of the company.  We'll help you uncover the...

Balance Sheets – Why do Accountants and Banks ask for them? A Balance Sheet provides a good overall picture of the financial health of a business. It is a tool used by Accountants and Banks to evaluate a business’s liquidity. A Balance Sheet will allow a small business owner to identify trends and...

GST reporting is a requirement for every small business owner. Cash and accruals are both applicable in the process of reporting and a small business owner can use either method.  Accrual basis can be advantageous for small businesses because the latter might lack cashflow. But...

Regardless of their state of progress and size, every business should keep accounting records. Fortunately, the world of the Internet and high tech allows for easier integration and use for all savvy business-owners through a lot of online accounting systems. Get fresh insight into the benefits,...