There are a lot of jargon words thrown around in the financial world and the biggest question that most people have is what is the difference between bookkeeping and accounting? It’s a fair question: they both seem so similar and in finance, they’re used in a way that’s interchangeable. It’s important to know, however, that [...]

As Australia’s leading accountancy software, it is clear that there are a lot of people who use this product, and it serves a lot of benefits to companies and professionals all across Australia. Being able to take financial care of your business is one of the most important things you can do, and there are [...]

If you run a business or you are a working professional, you need to try to make sure you come up with ideas that will allow you to manage your money better. There is so much to consider when it comes to making the most of this, and you need to think about the right [...]

Have you heard of Xero Bookkeeping? It is Australia’s largest bookkeeping software and is used by multiple businesses throughout Australia. As such, if you work in bookkeeping, or you need to learn about this for whatever reason, learning how to use Xero is going to be beneficial to you. In this article, we’re going to [...]

You're a business owner; whether it's small, medium, or Godzilla size, finance is crucial in all forms. It is the one indicator if your business is a success or failing. In recognition of the importance of this, you got the Xero accounting system. That should cover all the bases? You don't need a bookkeeper too, [...]

There are few things more important when running a business than making sure that you are keeping your finances organised and recorded. Tracking the everyday ins and outs of your books can be tough for a business owner to keep up with alongside all of their other duties, however. To that end, there are plenty [...]

Distributed teams can be ideal for both businesses and workers. About 70 percent of people worldwide work out of the office at least once a week, and the freelance industry is steadily growing. Building a team of remote workers is a great way to save money on office space, and it allows you to select [...]

Xero is a cloud-based bookkeeping system which makes it faster and easier to maintain your business from anyplace. With over 400,000 businesses utilizing Xero globally, the cloud-based bookkeeping system is changing the face of business operations. Xero bookkeeping currently ranks highest among the widely used accounting software in Australia, offering a full accounting package, including [...]

Many business owners don’t fully understand the distinction between accounting and bookkeeping, but it’s vital to know they’re not the same thing. And this matters because in order to understand whether your business needs an accountant or a bookkeeper, you need to know what the difference is between the two. We’re going to take a [...]

Bookkeeping is no small task for small and big businesses alike. It’s the activity that projects the financial health of the company by analysing revenues and expenditure. Originally, booking was a manual task that entailed using books and ledgers, hence the name bookkeeping. Fortunately, today there is the availability of software that has replaced physical [...]