Bookkeeping

Bookkeeping Archives

Person doing accounts with notebook and calculator.

Five things I wish all small-business owners knew as a bookkeeper

"I can confidently tell you: your Xero file is not the worst I’ve seen. "
job title, small-business director

Small-business directors reminded of their legal responsibilities with company money and assets

Company directors have legal obligations to ensure they act in good faith in the company's best interests, says Asic.
Small business eofy accounting checklist on computer

The comprehensive EOFY checklist for small-business owners

Streamline your finances and reduce stress with this expert-backed EOFY checklist – your small business game plan for Ju...
A man grinning down at a computer

EOFY 2025: Free upcoming ATO masterclasses for small-business owners

ATO's free masterclasses are designed to help small-business owners gain the knowledge and skills in starting and growin...

Accountant or therapist? Small-business owners rely on their bookkeepers for emotional support

Many Australian small-business owners feel emotionally attached to their bookkeeper/accountant not just for their help i...
finance system, finance management

Slow, outdated finance management tools stalling business growth

Airwallex believes that adopting more sophisticated financial solutions can help Australian businesses achieve their des...

Seven common financial mistakes to avoid

Regularly reviewing your numbers, maintaining accurate records, seeking professional advice, and planning for the future...
income tax cut

The small-business owner’s guide to home office tax savings

Categorise and organise your receipts and invoices through the year to save stress when it comes to lodging your return.

How to get your head out of the sand and use your numbers as your superpower

Reviewing your numbers regularly is what gives you the best handle on your finances and helps you to start identifying t...

Want to reach your business potential? Start with the financial foundations

Create a cashflow forecast to help anticipate the business peaks and troughs – you’ll know when you can spend and when y...