9 Reasons You Should Be Reviewing Your Profit & Loss Report
The Savvy Bookkeeping Blog
by S Abbott
1y ago
A profit and loss (or income) statement lists your income and expenses. It tells you how much profit you’re making, or how much you’re losing. It’s one of the most important financial documents your business will need to produce. Successful business owners review their Profit & Loss regularly. Here are 9 great reasons business owners ..read more
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Xero Payroll – 4 Common Mistakes
The Savvy Bookkeeping Blog
by S Abbott
2y ago
Xero payroll is a great option for the Australian small business owner with employees. Xero even has a subscription level where you just pay for payroll and not the rest of the accounting functionality. Some business owners choose to continue using their other accounting software, but use Xero just for their payroll due to it ..read more
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How to get copies of your Facebook receipts
The Savvy Bookkeeping Blog
by S Abbott
2y ago
Using Facebook ads is a popular way to market your business. Being relatively new to creating paid Facebook ads, I do find that a lot of my time and energy is spent on coming up with the marketing material and then navigating my way around Facebook Ads Manager (Arghh, so many decisions. So much time ..read more
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Help! Why doesn’t my trust account reconciliation balance?
The Savvy Bookkeeping Blog
by S Abbott
2y ago
If you’ve been doing trust account reconciliations long enough, the chances are high that you will come across one that just doesn’t work. You think you’ve done everything right – the way you you’ve always done it – but this time lady luck isn’t on your side. I’ve listed all the reasons your trust account ..read more
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How to avoid your conveyancing trust account becoming a mess
The Savvy Bookkeeping Blog
by S Abbott
2y ago
Conveyancing is such a fast-paced and dynamic industry. I don’t know where my conveyancing clients get their energy from sometimes. I know they often work long hours in order to meet tight deadlines. I also know that they often absorb a lot of the stress from being the ‘middle man’ when dealing with banks, clients ..read more
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Registering for GST – 10 Tips for a Smooth Transition
The Savvy Bookkeeping Blog
by S Abbott
2y ago
It’s a milestone that’s satisfying to reach, however I see it cause stress for many small business owners here in Australia. You’ve either been keeping a close eye on your turnover for a while – pushing to get to the $75,000 threshold and preparing ahead of time. Or you’re in the other camp and you’ve ..read more
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Xero & Cliniko – 4 Common Errors
The Savvy Bookkeeping Blog
by S Abbott
2y ago
Do you have Xero and Cliniko integrated? We know we can Do Beautiful Business with Xero. We know Cliniko is The Software for People who Care. And when integrated, you’re saving valuable time and reducing the risk of data entry errors. (Read about one business owner’s perspective of using Cliniko here: Cliniko – A Business ..read more
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How to motivate yourself to do your bookkeeping (secrets from a bookkeeper)
The Savvy Bookkeeping Blog
by S Abbott
3y ago
You lean over and turn off your computer after a full day of work. You feel relieved that another day is done. Your mind turns to what you’re going to have for tea and whether you’re going to need anything from the supermarket. Then out of the corner of your eye you spot a couple ..read more
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8 TIPS FOR SUCCESSFUL CATS TRUST ACCOUNT RECONCILIATIONS
The Savvy Bookkeeping Blog
by S Abbott
3y ago
I’ve been providing bookkeeping services to conveyancers now for several years, and have witnessed the transition from desktop software and paper forms to eConveyancing and cloud based practice management software. In fact I worked in the conveyancing and legal industry 20 years ago and the changes from then to now have been substantial. In 2018 ..read more
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Cliniko – A Business Owner’s Perspective
The Savvy Bookkeeping Blog
by S Abbott
3y ago
Trying to choose the right software to use in your business can be difficult. Having the opportunity to see what other business owners who are already using that software think about it can be a huge help. So I was lucky enough to have Merel Purmer of The Art of Expression tell us a bit ..read more
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