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Accounting Ratios
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Accounting Ratios

Date: March 9, 2023
Categories: Bookkeeping
Have you heard of Accounting Ratios? If not, here is a brief explanation about them.Accounting ratios are a useful tool for analyzing a company's financial reports. They are a type of financial ratio that measures how efficient and profitable a company is.It shows the relationship between one ...
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Embrace the Change: Shift to Fresh Reports Today

Date: February 7, 2023
Categories: Bookkeeping
Start moving your work to the new reports right away if you haven't already. This will give you enough time to get comfortable with them before the old versions are no longer usable.Below is a list of the newest additions to the reports:Columns in the aged reports will now hide itself if it's not ne ...
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Bookkeeping for Cafes and Restaurants

Date: January 9, 2023
Categories: Bookkeeping
Small businesses often struggle to keep track of their finances and cash flow. This can be especially challenging for busy cafes and restaurants, which often have to juggle multiple tasks, such as managing frequently changing staff and shifts, dealing with suppliers, and keeping track of cash flow. ...
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How Bookkeeping Software can help your Business?

Date: December 9, 2022
Categories: Bookkeeping
Bookkeeping software is created to record and track everyday business activities. There are many software can process tasks like Recording the Supplier bill, Payroll for Employees, Sales Invoices, GST filing, and Management reports.Who requires bookkeeping software?It is important to record the dail ...
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Small Business Immediate Flood Relief Program - Australia
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Immediate Flood Relief Grant for Small Businesses

Date: November 7, 2022
Categories: Bookkeeping
Businesses directly impacted by the Victorian floods that commenced in October 2022 can access a one-off grant of $5000 to cover immediate expenses. Businesses must be located within an eligible local government area and incurred significant direct damage to their place of business, business ass ...
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Do you need to hire a Bookkeeper?

Date: October 10, 2022
Categories: Bookkeeping
Your business needs an expert to help you organize your daily business transactions. A Bookkeeper can also help you produce important financial statements and make well-informed decisions based on data like budgeting & fundraising. Although bookkeeping and accounting professionals work in tande ...
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STP Phase 2 reporting

Date: September 12, 2022
Categories: Bookkeeping
Introduction:The official start of STP Phase 2 was 1 January 2022. The introduction of the STP Phase 2 was delayed until 1 October 2022. The government requires you to accept STP Phase 2, there is no choice.STP Phase 2:It is the latest version of existing STP reporting. The payrun ha ...
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Bookkeeping for Cryptocurrency

Date: August 8, 2022
Categories: Bookkeeping
The best way to do the bookkeeping for Cryptocurrency is to record every transaction related to Cryptocurrency. This will look like a very long process, but it will reduce our time while reporting. Record Cryptocurrency: Debit your cash account if you are selling it for currency. Create a new cryp ...
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Worried about QuickBooks Discontinutaion?
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Worried about QuickBooks Discontinutaion?

Date: July 19, 2022
Categories: Bookkeeping
QuickBooks, the popular small business accounting software, is no longer available in India. The go-to software that helped you manage your income and expenses and keep track of your business’s financial health has now been discontinued in India, but worry not, we got your back.For m ...
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Plan the Business Cycle

Date: July 5, 2022
Categories: Bookkeeping
The start of the financial year is going to be the starting point for planning the business cycle for the next twelve months.1. Understand the Market – Every day, new technology or new business, or new trends are happening. We must know the opportunity and adoptability of the new technology ...
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