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  • 05 Apr Get paid faster, focus on your Accounts Receivable process

    There are many ways to get into business, but only one way to stay in – you have to get paid. That’s why a good accounts receivable process is critical. What is an accounts receivable (or trade debtors) process? The job of accounts receivable is to get money in the door. There are a lot […]

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  • 21 Mar What is invoice financing and how can it help your cash flow?

    Cash-strapped businesses have trouble finding working capital, and they generally don’t want to take on more debt. Invoice financing allows them to get a cash advance on unpaid invoices. It could be a good alternative for your clients. Read more to learn more about invoice financing and how it can help cash flow. First things […]

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  • 20 Mar Choosing an inventory valuation method for your business

    First, lets discuss the basics of inventory accounting. To correctly account for inventory, you need to know how much stock you have and what it’s worth to your business. Ideally, ‘worth’ will be broken down into: what you paid for it what you’ve spent on it since you bought it, and what you sell it […]

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  • 09 Mar Cloud accounting packages – are they safe?

    Moving from your traditional desktop accounting software to a cloud package has many advantages for your business, but you may be worried that the cloud is not safe.

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  • 25 Feb Single Touch Payroll (STP) – what is it?

    STP is changing how employers report their Wages and Pay As You Go Withholding obligations to the ATO. Find out how this change affects your business.

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  • 12 Jan My business is profitable – but I struggle to pay my bills – Why?!

    So your business is making a healthy profit but you still struggle to pay your bills on time. Many business owners find themselves in this situation if they don’t pay attention to their cash flow.

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