Latest posts
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What subscription expenses will my small business incur?
When running a small business, you will expect to incur monthly costs around the production of your product or service (eg; raw materials to make it). You will probably also think about office expenses like rent, gas, etc. But there are other administrative monthly costs of running a small business that can add up quickly…
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What key numbers tell me how my business is doing?
All business owners need to know if their business is healthy . Here are a handful of key numbers that you need to keep an eye on. A quick look once a week will help surface any early warning signs for you to investigate. Most of this information can be pulled straight out of your…
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Xero vs QuickBooks, which should I choose?
Xero and QuickBooks are both cloudbased accounting packages that are regularly updated and have important features such as automatic bank downloads and rules. But which one is right for your business? It depends very much on your specific requirements – here are a few differences to help you decide:
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Should I set up bank rules ?
Is it a good idea to set up automatic bank allocation rules in my accounting software? Here are a few of the potential pros and cons. Happy allocating.
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Limited Company or Sole Trader?
We are often asked whether it is necessary to set yourself up as a limited company when first starting out, or if working as a sole trader is best. Here are a few things to consider for each option:
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Why choose Xero?
Why do we recommend businesses chosse Xero as their accounting platform?
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Customer Data Cleanup Priorities
What are the bits of work that I should prioritise when cleaning up my customer data When cleaning up your customer data, to get it ready to migrate to your new Xero system, here are a few reports you should run:
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Managing Historical Data During Migration
When migrating to Xero, what historical data should you bring over and what should you archive?
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Preparing Your Chart of Accounts for Migration
Learn how to effectively handle historical financial data when migrating from Sage to Xero, including what to bring over and what to archive. When preparing for a Sage to Xero migration, one of the most important steps is reviewing your chart of accounts.
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Choosing the Right Time for Your Migration
Timing is everything when it comes to a successful migration.