The importance of regular bank reconciliations
April 22, 2024
Bank reconciliation stepsBank reconciliation happens when you compare your record of sales and expenses against the record your bank has. It’s how you verify your business accounting numbers.1. Get bank recordsYou need a list of transactions from the bank. You could get th...
Leading a business can be hard work. But the good news is that you're not the only founder, owner-manager or CEO who's treading this path. Networking with your peers is a great way to make connections with other entrepreneurs, while also looking for new business opportunitie...
The ABCs of bookkeeping
April 22, 2024
In today's digital times, you're probably used to having unrivalled access to your financial numbers, key performance indicators (KPIs) and cashflow metrics. Without good bookkeeping, the speed and quality of your reporting can quickly fall down. So, why is fast and accurate...
Tax toolbox for tradies
April 22, 2024
Are you a self-employed tradie or running a construction business? Or maybe you're someone who helps a tradie keep on top of their books? We know you’re good on the tools. Take your tax as seriously as your trade by using IRD's Tax Toolbox.IRD is increasing our focus ...
Truthful claims
April 22, 2024
Your customers are likely to rely heavily on online information when they are shopping.So, make sure your claims – from product descriptions to stock levels and delivery timeframes – are clear, accurate and substantiated.Check out our 5 top tips to keep claims truthful.D...
Some common things businesses forget at tax time
March 21, 2024
Running a business is a demanding job, so it’s no wonder owners lose track of crucial things at tax time, such as:Deducting entertainment expensesDinner and lunch meetings with clients and customers are partially tax deductible. Keep your receipts and check in with us to s...
8 ways to save time (and money) in your business
March 21, 2024
Like everyone, business owners are always looking for ways to save time.Every minute spent on admin or fixing mistakes is a minute that could be spent on business-building work.When time really is money, it’s worth finding ways to reduce those tedious and repetitive tasks ...
How to prepare your business for an audit
March 21, 2024
Getting ready for an audit is unlikely to be one of your favourite things to do as a business owner. But being prepared, organised and ready can take some of the pain out of an audit.Planning for your audit helps your auditor get their job done more quickly, and also means t...
Key ways to access funding for your business
March 21, 2024
If you’re planning to found a new business, you’ll need enough startup capital to get this venture off the ground. And once you’re up and running, you’ll need additional business finance and investment at each stage of your growth and expansion along the business jou...
How does an accountant save you money?
February 21, 2024
Turning a profit will be high on your list of goals as a business owner. And if you want to generate the best margins, that means keeping an eye on the money that’s going out of the business, as well as what’s coming in. So, how can your accountant help with this?The day...
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