http://www.finos.com.au Bookkeeping Tips and Tutorials for Australian SME's Sun, 31 Aug 2008 11:41:22 +0000 http://backend.userland.com/rss092 en As a CPA Practice that provides onsite bookkeeping services in Sydney, Brisbane and Melbourne, we are very fortunate to be allowed an insight into financial performance of a wide range of businesses in different industries throughout Australia. The Australian economy has achieved incredible growth over the past 10 years. This success ... http://www.finos.com.au/is-your-business-feeling-the-credit-crunch/ One of the most difficult things to deal with when you have a growing business is managing cashflow. It can be very frustrating to watch your business achieve continual profit growth and yet the only reward you receive is an increase in your debtors not an increase in your bank ... http://www.finos.com.au/increase-your-cashflow-with-direct-debits/ One of the issues we regularly encounter with business owners is the issue of when to close off the accounts at the end of a period. All business owners and managers are keen to see their monthly management reports as soon as they can after the end of the month ... http://www.finos.com.au/when-to-close-your-end-of-month-accounts/ MYOB and Quickbooks have made incredible development over the last couple of years. This has enabled what was previously full time bookkeeping and accounting roles to be performed in a couple of days per week. This is great for most small and medium size businesses but let's face it, once ... http://www.finos.com.au/outgrowing-myob-or-quickbooks/ I recently purchased a smart-phone. After hearing stories from friends and acquaintances with blackberries of how they wake up on a Saturday morning and reach over for their phone to check their emails before they get out of bed, I was trying to get along without one. Like most business owners, ... http://www.finos.com.au/technology-to-help-you-break-free-from-your-desk/ Here’s a few more specific ways a professional bookkeeper will save you money.   4. Opportunity to Implement Efficiencies If you employ a bookkeeper directly, you normally have to guarantee them a certain amount of work each week. There is no incentive for them to implement efficiencies to reduce the amount of ... http://www.finos.com.au/7-ways-a-professional-bookkeeper-will-save-you-part-2/ Traditionally, the marketing manager and the accountant have never "got on". This is because an accountant needs to see concrete evidence that money spent on marketing has resulted in a quantifiable increase in sales that can be measured. If I spend $10,000 on putting a sign up on the side of ... http://www.finos.com.au/internet-search-engine-marketing/ Some small and medium business (SME) owners try to do their own accounts or they may employee a bookkeeper directly. This can be fine if you are lucky enough to recruit a good bookkeeper directly, however unless you have an accounting background and a thorough understanding of the accounting software ... http://www.finos.com.au/6-ways-a-professional-bookkeeper-will-save-you-part-1/ Welcome to the first post of my blog about SME's (Small to Medium Sized Enterprises) and Bookkeeping! I've started this blog because I have a passion for small and medium sized businesses. I know, it may sound a bit odd but hey, I am an accountant so it doesn't take much. My ... http://www.finos.com.au/welcome-to-my-sme-bookkeeping-blog/