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Unit Costing: The Ultimate Guide
Unit costing is important for business and not-for-profit organisations alike. As a business and not-for-profit organisation, you probably have an idea of how much your projects and programs cost to run overall. And, no doubt you have a very good understanding of how...
Difference between Revenue, Profit And Cash Flow – Which Is More Important For Your Business
Revenue, Profit and Cash Flow – which one is more important? The question as to the difference between Revenue, Profit and Cash Flow crops up for businesses at some time or another. Focusing on the right financial strategy can make or break your business. But which is...
5 Important Construction Performance Metrics and KPIs
Construction Performance Metrics and Key Performance Indicators (KPIs) help understand profitability in your business. While measuring profit per project is a key benchmark for all businesses in the construction industry, there are several other measures that can be...
How To Forecast Tax Liabilities
For many accountants, how to forecast tax liabilities for their clients, is a yearly challenge. But it is an important task that is part of their bread and butter services. The certainty of paying taxes is often ascribed to Benjamin Franklin, but he was in many ways,...
New in Calxa: Excel Spreadsheet Integration
We call it Calxa Unplugged. It means that Calxa now works without a connected accounting system. It's a combination of creating the structure manually and bringing in some from an Excel Spreadsheet. After many years (did we tell you it was our 10th birthday this...
New in Calxa: Loan Wizard to Calculate Budget for You
Those of you who remember the Calxa desktop application will know that it included a simple but useful loan calculator. The good news is that we have now added that to the online app for everyone to use. The new loan wizard was released last week. What...
7 Examples Of How To Use Calxa With Spreadsheets
One of the benefits of using Calxa has always been the simple connection to an accounting system. An alternative, is to use Calxa with your spreadsheets. Linking to your Xero, MYOB or QuickBooks means Calxa does some of the hard work for you. However, not everyone...
How To Prepare A Cash Flow Forecast In Under 30 Minutes
If I said to you “I’ll show you how to prepare a cash flow forecast in under 30 minutes” would you believe me? I dare say that, just like me, you have spent half a lifetime in spreadsheets, adding new rows, tweaking formulas, double-checking the numbers in reviewing...
The Best Way To Do Group Consolidation Reporting
Group consolidation reporting, also referred to a multi-company consolidation, can be a time-consuming task for any CFO (Chief Financial Officer). Often, it involves a plethora of spreadsheets with multiple interconnecting worksheets. The effort you need to keep this environment balanced and reconciled is agony for many. It can fall over just by overriding one formula. And, sometimes, you may not even notice the error until months down the track. The desired outcome is the need to see several business activities wrapped up into a combined financial statement. A view to give a snapshot across all companies and to track the overall performance.
5 Signs You Might Be Trading Insolvent
Trading insolvent is a dirty word in business. The reality is, many of us run our businesses very close to the wind at times. There are many successful businesses who have struggled with cash flow at some point in their existence. Just having tight cash flow does not...
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