September 26, 2016

Accounting, Bookkeeping tips, Bookkeeping, Business tips, Management Accounting, Integration, Numbers, Taste-E Business, Terminology, Xero, Cash Flow

Make it Easy for Your Customers to Pay YOU!

Lakiesha Mundy

September 26, 2016

Accounting, Bookkeeping tips, Bookkeeping, Business tips, Management Accounting, Integration, Numbers, Taste-E Business, Terminology, Xero, Cash Flow

Make it Easy for Your Customers to Pay YOU!

Cash flow an issue? Here are our tips to remove the roadblocks to speed up the time it takes to get paid!

Lakiesha Mundy

September 26, 2016

Accounting, Bank Reconciliation, Bookkeeping, Bookkeeping tips, Business tips, How To, Integration, Terminology, Xero

Payment Options with Xero

Lakiesha Mundy

September 26, 2016

Accounting, Bank Reconciliation, Bookkeeping, Bookkeeping tips, Business tips, How To, Integration, Terminology, Xero

Want to get paid faster? Here are our favourite integrated Apps to accept payments through your Xero invoices...

Lakiesha Mundy

September 12, 2016

Accounting, Bank Reconciliation, Bookkeeping, Bookkeeping tips, Business tips, How To, Numbers, Taste-E Business, Terminology, Xero

HOW TO: Splitting payments and deposits

Lakiesha Mundy

September 12, 2016

Accounting, Bank Reconciliation, Bookkeeping, Bookkeeping tips, Business tips, How To, Numbers, Taste-E Business, Terminology, Xero

It’s more and more common these days for your customer’s to pay a deposit, or pay their bill off in instalments. Same goes for your suppliers and payment terms – a deposit to start production and the balance on delivery for example. This is all good and well, but how do you record this in Xero without creating a million invoices for each stage?!

Lakiesha Mundy

August 22, 2016

Accounting, Bank Reconciliation, Bookkeeping, Bookkeeping tips, How To, Numbers, Terminology, Xero

Creating Bank Reconciliation Rules in Xero

Lakiesha Mundy

August 22, 2016

Accounting, Bank Reconciliation, Bookkeeping, Bookkeeping tips, How To, Numbers, Terminology, Xero

Creating Bank Reconciliation Rules in Xero

Creating rules takes a little time to set up but will save you hours coding every transaction each month! Here's HOW...

Lakiesha Mundy

August 9, 2016

Accounting, Bookkeeping, Bookkeeping tips, Business tips, Chart of Accounts, How To, Management Accounting, Numbers, Taste-E Business, Xero

Make Your Dashboard Your Friend

Lakiesha Mundy

August 9, 2016

Accounting, Bookkeeping, Bookkeeping tips, Business tips, Chart of Accounts, How To, Management Accounting, Numbers, Taste-E Business, Xero

Using Xero? Are you making the most of your dashboard?

Learn how to maximise your SNAPSHOT of your numbers and keep an eye on those liabilities...

Lakiesha Mundy

July 4, 2016

Accounting, BAS time, Bookkeeping, Bookkeeping tips, Business tips, MYOB, Superannuation, Taste-E Business, Xero, Date to Remember

Happy EOFY!

Lakiesha Mundy

July 4, 2016

Accounting, BAS time, Bookkeeping, Bookkeeping tips, Business tips, MYOB, Superannuation, Taste-E Business, Xero, Date to Remember

Here are some important dates to remember this Tax Time!

Lakiesha Mundy

June 20, 2016

Accounting, Bookkeeping, Bookkeeping tips, Business tips, How To, MYOB, Taste-E Business, Terminology, Xero, Chart of Accounts, Management Accounting, Reports

Report for YOUR business

Lakiesha Mundy

June 20, 2016

Accounting, Bookkeeping, Bookkeeping tips, Business tips, How To, MYOB, Taste-E Business, Terminology, Xero, Chart of Accounts, Management Accounting, Reports

The chart of accounts is not just a list but a powerful management tool. Have you looked at yours recently?

Setting this up to show the areas of your business you want to track is instrumental in getting a clear picture of your performance.

Lakiesha Mundy

June 6, 2016

Accounting, Bookkeeping, Bookkeeping tips, Business tips, How To, MYOB, Numbers, Taste-E Business, Terminology, Xero, Superannuation

SuperStream… are you ready?

Lakiesha Mundy

June 6, 2016

Accounting, Bookkeeping, Bookkeeping tips, Business tips, How To, MYOB, Numbers, Taste-E Business, Terminology, Xero, Superannuation

By June 30, businesses MUST meet the ATO SuperStream standards.

The criteria?

1. Paying superannuation contributions electronically...

Lakiesha Mundy

June 1, 2016

Accounting, BAS time, Bookkeeping, Bookkeeping tips, Business tips, GST, How To, MYOB, Numbers, Taste-E Business, Xero

Cash or Accrual Basis... but what does it all meeean, Basil?!

Lakiesha Mundy

June 1, 2016

Accounting, BAS time, Bookkeeping, Bookkeeping tips, Business tips, GST, How To, MYOB, Numbers, Taste-E Business, Xero

Cash or Accrual Basis... but what does it all meeean, Basil?!

When I lodge the first BAS for a client or when I set them up on accounting software such as MYOB or Xero – I ask them, do you report on cash or accrual basis? The common response I get is *blank look* “Huh?!”…

So here is the difference...

Lakiesha Mundy

March 31, 2016

Accounting, BAS time, Bookkeeping, Bookkeeping tips, Business tips, GST, MYOB, Numbers, Taste-E Business, Xero

MARCH into this B.A.S with your game face on....!

Lakiesha Mundy

March 31, 2016

Accounting, BAS time, Bookkeeping, Bookkeeping tips, Business tips, GST, MYOB, Numbers, Taste-E Business, Xero

MARCH into this B.A.S with your game face on....!

"I would rather face root canal surgery with no anaesthetic than do bank reconciliations" - Devan Sabaratnam

Does that sound like you? Well it's that time again.. the end of a quarter.. but it doesn't have to be as bad as all that! Why not look at it as a clean slate, a time to reflect and check in with your business? BAS time can actually be used to your advantage!