Blog
Pricing Your Services – How To Calculate Your Hourly Charge Out Rate
One of the most common questions we are asked by new business owners is how much they should be charging per hour and how to work out their hourly charge out rate. There are a number of factors to consider when working out when pricing your services. Here is...
Why Payroll Is Critical To Get Right
Payroll processing is the function of managing employee wages payments. It covers everything from setting up an employee into your payroll software through to issuing their wage slips. If you’re a small business owner, chances are good you’re the one handling payroll....
Using Xero for Your Bookkeeping
I’d like to introduce you to Xero, my favourite bookkeeping app. Xero is an easy-to-use and powerful online accounting software with everything you need to run your business beautifully. Xero was created in 2006 in New Zealand and now has 3m+ subscribers globally....
Seven Christmas Cash Flow Tips To Help You Sail Through Christmas
Christmas is fast approaching! For most people, that’s a cause for celebration, but for small business owners, the festive season can bring with it serious cash flow problems. So I would like to give you Seven Cash Flow Tips that may help you over the Christmas break,...
Understanding Your Software Options
Deciding on a software that fits all the requirements of your childcare service can be challenged and often confusing. While compliance is a vital component of the sector, automating your CCSS attendance submission, processing subsidies and family payments,...
Bookkeeping Tips Every Childcare Provider Must Know
1. Have efficient & compliant software. Utilise a registered and cloud-based Child Care Subsidy System (CCSS) and Inclusion Support Management System(ISMS), and a cloud - based accounting to assist with accurate keeping record. Software suggestions: Qikkids/Xplor...
Cash Flow Statement vs Profit and Loss Statement: Understanding the Difference
Cash Flow Statement vs Profit and Loss Statement: Understanding the Difference It can be difficult to understand why you can see a healthy profit on your profit and loss statement but there is little money in your bank account. It is essential for a business owner...
