When you’re running a small business, you know how important it is to keep an eye on all your costs. You might have been wondering whether your accountant is worth their fee. Couldn’t you log on to the IRD’s website and use an accounting software for your small business to do it all yourself? There are arguments both for and against this. In this blog, we’ll discuss when it makes sense to pay for an accountant, how much you can expect these services to cost, and what could affect the price you pay. If you’re looking for a skilled team of online accountants to help manage your business’ financ ..read more

Taking control of the financial operations of your small business is the first big step in making sure your practices are set up to succeed. With accurate and detailed financial planning and assistance, you can set long term plans for expansion and growth within your field. While small business accounting can seem like a big task, following the right steps can make the overall process enjoyable and highly profitable for the operations of your business. 1. Implement A Risk Management Program The first rule of operating a small business is separating your finances. Not only will this give yo ..read more

bookkeeper. Embezzlement and theft from company accounts can go on for years before they’re discovered, and the consequences of these acts can be devastating to your company. This article will discuss how bookkeeping fraud occurs and share five great tips for protecting your business from it. Why does bookkeeper fraud happen? For any time of fraud to occur, there has to be both opportunity and motivation. All sorts of financial pressures can create the motivation to commit fraud – from gambling debts to pressure from family members. You might not be able to control the motivations behind fra ..read more

If you are starting your own business, you most likely want to be focusing on running and growing your new company instead of fussing over every last financial detail. Why spend all of your time working on balancing the books when you could be putting your precious time into expanding and bettering your company? That is where experienced accounting firms, like Consol Group, come into the picture. What is an Accounting Firm? An accounting practice is a company that specialises in helping business owners with the financial side of their business. That includes everything from sorting out your ..read more

With so many different accounting software solutions on the market, it can be difficult to know what the best option is for your small business. Chances are, you’ve heard Xero Accounting Software frequently mentioned. But have you been wondering why it’s so popular? In this article, we’ll discuss six benefits Xero can offer your small business. Are you looking for a skilled, cost-effective accountant in Auckland to help with your small business’ bookkeeping? Contact the friendly team at Consol Group at info@consolgroup.co.nz today. 1. You Can Access Xero Anytime, Anywhere Xero is a cloud-b ..read more

Why use Xero for Your Small Business Accounting? Is your manual accounting taking over? Losing time and energy over the management of your accounts shouldn’t be part of running a successful business. Xero’s online accounting platform has been specifically designed to cater for small business owners, alleviating the complications and pressures of invoicing and payroll. 1. Everything is in One Place Consolidating your small business accounting needs in one place isn’t just convenient, it’s also a guaranteed way to add extra safety and security to your financials. Xero is an all-in-one system ..read more

1. Keep Track Of Your Expenses Using technology to track your expenses is the easiest and most effective way to keep them safe and secure until it’s time to use them again. Storing receipts, invoices and pieces of paper is an outdated and inefficient way of managing your small business financials. We would recommend taking photos of your receipts on your phone as you go and saving the images to an external hard drive, or the cloud. Once you get into the habit of taking pictures of your receipts you will never lose a piece of paper again, a habit that will also make your small business accoun ..read more

1. Keep Track Of Your Expenses Using technology to track your expenses is the easiest and most effective way to keep them safe and secure until it’s time to use them again. Storing receipts, invoices and pieces of paper is an outdated and inefficient way of managing your small business financials. We would recommend taking photos of your receipts on your phone as you go and saving the images to an external hard drive, or the cloud. Once you get into the habit of taking pictures of your receipts you will never lose a piece of paper again, a habit that will also make your small business accoun ..read more

1. Keep Track Of Your Expenses Using technology to track your expenses is the easiest and most effective way to keep them safe and secure until it’s time to use them again. Storing receipts, invoices and pieces of paper is an outdated and inefficient way of managing your small business financials. We would recommend taking photos of your receipts on your phone as you go and saving the images to an external hard drive, or the cloud. Once you get into the habit of taking pictures of your receipts you will never lose a piece of paper again, a habit that will also make your small business accoun ..read more

1. Keep Track Of Your Expenses Using technology to track your expenses is the easiest and most effective way to keep them safe and secure until it’s time to use them again. Storing receipts, invoices and pieces of paper is an outdated and inefficient way of managing your small business financials. We would recommend taking photos of your receipts on your phone as you go and saving the images to an external hard drive, or the cloud. Once you get into the habit of taking pictures of your receipts you will never lose a piece of paper again, a habit that will also make your small business accoun ..read more