Blog

The Number 1 Thing You Need to Know About Your Business

Posted by XO Accounting on Dec 16, 2019 9:15:00 AM

When you own a small business, it’s vital you understand how money flows into and out of it. At a basic level, you need to know where your income comes from and what your expenses are. At a deeper level, knowing how money moves through your business can help you make strategic decisions about growth, invoicing, and debt management. The consequences of not understanding money can be drastic—poor financial management is one of the main reasons businesses fail.

Read More

Topics: accounting, accounting systems, xero accountant, cash flow

National Employment Standards Update

Posted by michael on Jun 20, 2019 1:07:22 PM

XO Accounting in conjunction with The Proven Group are hosting an update session for our business clients or those involved with HR Management.

Read More

Topics: xero accountant

Top 50 Cloud Based Accounting Firm

Posted by michael on Jan 10, 2019 10:10:30 AM

sss

Read More

Topics: online accounting, small business accounting, xero accountant

Why Should You Move to the Cloud?

Posted by Michael Kirby on Oct 16, 2018 7:00:00 AM

The move to the cloud is often not a question of if it will occur but more likely when it will occur, for most small businesses. So what is the reason for so many businesses embracing online cloud software?

Read More

Topics: online accounting, small business accounting, xero, Technology, xero accountant

ATO Garnishees Full Steam Ahead

Posted by Michael Kirby on Jun 1, 2018 3:05:22 PM

Back in early April the Four Corners program aired a segment on the conduct of the ATO.  A large portion of the program was devoted to the ATO management's instructions to staff to ignore their own guidelines and issue more Garnishee Notices as they were behind on the year end revenue targets. 

Read More

Topics: xero, small business, TAX, xero accountant

Evolution of accounting!

Posted by Bizink on Jan 4, 2013 7:33:57 PM

I was trying to demonstrate how the accounting industry and accounting function in business has changed in past years so we came up with this illustration - the Evolution of Accounting.

Read More

Topics: Firm News, improve accounting, accounting in the stone ages, accounting systems, Blog, modern accountant, xer add ons, xero accountant, accounting technology, evolution of accounting

Business Buying – Doing your homework before you buy

Posted by Bizink on Nov 14, 2011 5:49:33 AM

Many people dream of buying a business and turning a small idea into a big success. The attractions are in making large profits, being your own boss, making your own decisions and employing other people to do your work and having time to think of other small ideas to grow… Buying an existing business gives you a kick-start in premises, plant, machinery, staff, plus brands, goodwill, marketing, databases – all assets that are attractive to a prospective buyer.

Read More

Topics: business, buying a business, due dilligence, financial, Firm News, report, xero, be your own boss, Blog, investment, valuation, value, xero accountant, accountant, franchise

A great new start or the same old, same old (or something in between)?

Posted by Bizink on Feb 8, 2011 5:39:00 AM

Today the new tax changes come in for those of us still left in the rental property market. It’s the start of a new financial year and it doesn’t feel so new anymore. We are all in the throes of electing to change to LTCs, we know about the depreciation changes and we know that our rental property losses won’t have such an effect on our tax this year – but what about this year? What is going to happen to the rental property market, particularly in Auckland where one of the biggest shows in town is going to arrive in a few months time?

Read More

Topics: 2012 financial year, demand, Firm News, investment property, rental property, xero, accounting, Blog, inflation, LTC, property, xero accountant, accountant, changes

Categories

see all