Tanya phoned us in a panic wanting help! She’s lost her MYOB data files. When clients tell us that they cannot find their MYOB data files, there’s normally quite a simple explanation, and there’s a checklist of things that we run through to work out when and how this may have happened. How many times [...]
Bookkeeping Tips: Transfer MYOB to Quickbooks
It is possible to transfer from MYOB to Quickbooks, though not as straight forward as either company would have you believe.
Bookkeeping: Difference Between Cost and price
From a bookkeeping perspective, is there a difference between cost and price? To understand the diffrence, we’ll talk about what happens when potential clients contact our bookkeeping service and ask us: “what is your hourly rate for bookkeeping?” By ascertaining the price (the hourly rate) they naturally asume that will tell them the cost of [...]
Outsourcing or DIY Bookkeeping
By outsourcing tasks that other people can perform on your behalf, you will be able to attend to more important tasks in your business, which means that you will maximize efficiency and profit of your business.
Bookkeeping Fees: Do you pay your accountant to do your filing?
Next time you look at your bookkeeping and accounting fees, ask yourself this question:” Do you pay your accountant to do your filing?” We’ve found bookkeeping clients that take a shoebox full of receipts and iinvoices to their accountant to complete their tax return. You can dramatically reduce your accountant’s bills by taking care of [...]
Cost Of A Cheap Bookkeeper
Have you ever considered the true cost of a cheap bookkeeper? Everyone likes a bargain, and everyone likes to save on their bookkeeping fees. Suddenly the “cheap” bookkeeper has just cost the client extra fees.
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Is Your Business Affected By Mental Accounting?
Many business owners are unwittingly affected by mental accounting. What is Mental Accounting? Quite simply we’ll use an example of buying a
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How (Not) To Save Money On Bookkeeping Fees
Small business owners believe one way of saving money is by doing the bookkeeping themselves, or paying a spouse, friend, or relative a minimal fee to get their bookkeeping done.
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How to do BAS from MYOB
Completing a BAS form from MYOB is straight forward once you know how. Often the problem we find is that in most cases the data is incorrectly entered into MYOB initially.
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