Cloud Bookkeeping Blog

How to Create and Manage Quotes in Xero

Produce professional-looking quotes on the spot. Streamline your sales process with templates. Manage your quotes and see their status at a glance. Convert quote into an invoice with a tap of a button.

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What is a TFN and where do I get an ATO TFN Declaration Form?

As an employer it is your responsibility to provide new employees with a TFN Declaration and a Super Choice Form for them to fill out and give back to you. It will help you or your bookkeeper to determine the amount of tax to be withheld.

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The Superannuation Guarantee (SGC) 2014-2015

Superannuation Guarantee (SG), is the official term for the compulsory superannuation contributions made by employers on behalf of their employees.

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Do business owners have to pay GST on tips received?

The diagram below, clearly demonstrates the process.

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aVers Bookkeeping Xero Presentation to Whytes Accountants & Business Advisors

aVers Bookkeeping Xero Presentation to Whytes Accountants & Business Advisors

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Are you failing to plan? Budget, what budget?

Would you drive across the Simpson Desert without a map to guide you on the trip (or at least a mobile phone with GPS)? I can hear the chorus of “No’s” already! So why do people continue to drive their businesses weekly, monthly- even yearly- without a plan and a budget?

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The rise and rise of SGC

The proposed Superannuation increases are now law and will be phased in from 1st July 2013

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Invoicing and cash flow. Not getting your clients to 'Show you the money'?

Failing to invoice customers for your service or products! (This doesn’t apply to you of course, but the amount of people who do this is staggering!).

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Thinking “It’s my money, not theirs!”

Taking money out of the business for yourself before paying liabilities will send you spiralling into a financial black hole before you know it.

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Shoebox is a cash flow killer | Cash flow sins

Keeping all of your receipts, especially as they mount up in a large pile, is a pain to keep track of, no question about it. But you will never have a successful business if you don't systematically track your income and expenses.

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Are you Mixing Business bank accounts with Pleasure?

This is the case, take a moment to consider this: have you ever thought of the indirect effect this has on your cash flow?

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Cash flow sin: Forgetting the value of a bird in the hand.

Increasing your revenue (which will directly influence your cash flow) comes as the result of 3 main changes

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Xero Silver Partners

Woot woot...We did it. We're now officially Xero Silver partners! After less than a year and starting from zero (pun intended) Avers has just been elevated to Xero Silver Partner status. How good are them apples.

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