by Lisa Dickson | Jan 9, 2016 | Bookkeeping 101, Getting Started With Xero
The chart of accounts is a list of all the accounts used in the general ledger of your company. It creates the roadmap of your financial transactions. Getting this right (first time) will really help you know your numbers. You chart of accounts will include; Balance...
by Lisa Dickson | Jan 9, 2016 | Bookkeeping 101, Small Business Accounts
Wouldn’t it be nice if you could reconcile your bank accounts quickly and efficiently with the minimum of stress? With an online accounting system – that time is now. Whether it be Xero, FreeAgent, Kashflow or Quickbooks, the process at the heart of each...
by Lisa Dickson | Dec 29, 2015 | Accounting 101, Tax Updates
Generally, there are no tax implications when a sole trader or partnership puts cash in or takes cash out of a business. A company, on the other hand, is a separate legal entity and any cash assets held by the company belong to the company and not the director/s. Any...
by Lisa Dickson | Nov 20, 2015 | Business Management 101, Marketing
If you run your own business, then you have probably invested time and money into creating your own website. Possibly, quite a lot of money but are you getting value from it? Are you getting a return on your investment? Do you cringe when you think about the amount of...
by Lisa Dickson | Nov 16, 2015 | Business Management 101
In order to know where you want to be, you must understand where you are now and what the gap is in between…. A goal is a dream with a deadline. Napoleon Hill What is your motivation? Why did you start your business? What drives you, what gets you to take...