PayPal helps business get paid faster with either Xero, MYOB and QuickBooks

PayPal helps business get paid faster with either Xero, MYOB and QuickBooks

I always find it interesting when an accounting software company touts the fact that their clients can get paid faster using their software. The fact is that any cloud-based accounting software makes it easier to interact with other cloud services like PayPal. Now...
Using Xero but not securing your debts? Unsecured creditor?

Using Xero but not securing your debts? Unsecured creditor?

Credit Management and Payment Terms is better with Xero Ever since Xero emerged and handed control to businesses for accounting in the now (not just the cloud) businesses have been able to quote and invoice while at their customers site. Using Paypal has also enabled...

Who Do You Trust More — Google or Xero?

Which Accounting Software Package Might Just Best Suit Your Needs? If you’re still uncertain about which accounting software package is best for your business needs, you’re probably keen to find out more about Xero as an option. Almost two years ago, Xero...
What Kind of Bookkeeping Professional Does Your Business Need?

What Kind of Bookkeeping Professional Does Your Business Need?

The Different Kinds of Bookkeeping Professionals If you dread having to prepare and maintain your financials and are spending way too much time on all of this, then you’re going to save time (and inevitably money) by hiring a professional to do it for you. But...

Is Xero Getting Smarter or is the ATO Better Organised?

SBR is making it easier to lodge your reports In 2010, the Australian government launched an initiative to simplify business reporting obligations, by enabling the accounting software to populate information from various government reports to save businesses time and...

The ATO will be Visiting Cash Businesses

Cashed-based business? Time to move ahead CASH CONTINUES TO be common in some types of businesses. However, the ATO urges Australian businesses to be aware of the numerous advantages of electronic payment and record keeping systems — especially in the long run. The...

“Factoring” or “Debt Collection”: Which Will Work Better for You?

Did you know you can “sell” your debt for cash? CREDIT MANAGEMENT IS a serious issue for all businesses. Debtor non-payment is a chief reason many businesses fold — a sentiment driven home by Director, FIFO Capital Newcastle, Zsolt Bircsak....

Are Customers Legally Obligated to Pay You?

Want to get paid? Have a contract in place! THERE ARE PLENTY of risks to operating your own business, but the largest ongoing one is making certain that your customers pay you, and do so on time. This is known as debt or credit management. Each state has their own set...

Has the ATO been bankrolling your business?

There’s a lot to learn about people who pay their tax debts late The ATO announced the other day that they’re owed more than $35b in tax debts, mostly from businesses and individuals are late filing their returns or making payments. Even though big businesses...