Do you have a documented accounts receivable process in your business? Or more important than documenting it, do you use an accounts receivable process? Documenting it can come later. One of the most common issues Admin Army’s bookkeeping clients are facing when I...
Bookkeeping is one of those unavoidable tasks in any business – whether you’re new to business or you’ve been operating for years, there are regular milestones, normally designated by the good people at Inland Revenue (GST, annual accounts, etc.), which require you to...
Do you have an accounts payable process? You know, a systematic approach to handling bills once you’ve received them into your business? If you’re anything like most small business owners, especially if you are a relatively new business, you probably don’t have an...
Want to ensure your small business bookkeeping is correct? Here are Irene's top bookkeeping tips for small businesses: Keep clear records Long story short, document everything! Inland Revenue requires you to keep accurate business records for seven years. These...
For most small businesses, your monthly Xero subscription is a deliberate investment into your business. There are other accounting software packages out there that will provide you with a similar result, but you want to know that your numbers are in safe hands. It...