by Bridget Chenje |
If your business’s nature involves a fast-moving inventory, as the trading stock goes in and out of your warehouse or place of business, on a day-to-day basis, it can get complicated as your business grows. At this level, your monitoring may even be prone to...
by Bridget Chenje |
Tracking your business miles will save you a whole lot of money and time. It’s relatively common for companies to monitor their mileage for any work-related travels, such as attending conferences, meeting up with clients, or going from one appointment to...
by Bridget Chenje |
Financial Ratio Analysis is one of the most invaluable activities that any business should do as part of their financial statement analysis. Results from this exercise will help your business make strategic business decisions that will help your business grow....
by Bridget Chenje |
Depending on the type of services that your small business requires, it is important to know the difference between a Bookkeeper and a Tax Agent (Accountant). Most people usually ask the above question because it is very difficult to know where the Bookkeeper’s role...
by Bridget Chenje |
I was recently having a coffee catch up with a friend, when she mentioned she had received a letter from the ATO. When the sentence “register for Single Touch Payroll” appeared, naturally (like most people) she admitted that she had no idea what that...
by Bridget Chenje |
In this article we will look at the following: What are Accounts Payable and Why are they important Where are they reported in your accounts. Some tips from UFirst Bookkeepers on managing your Accounts Payable. Accounts Payable are the amounts you owe to suppliers who...