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How to Get Started with Business Advisory Services
How do you get started with business advisory services? Do you know what the most valuable part of your bookkeeping business is? You! You have the experience and expertise to help your clients grow and flourish. So why limit yourself to just the standard bookkeeping...
What Is An Invoice Factoring Loan And How Does It Affect Cash Flow
An invoice factoring loan is a popular form of debtor finance in some industries. It provides working capital by giving quicker access to cash, especially for businesses with longer payment terms on their invoices. However, it does complicate the process of...
Changing Accounting Systems: 3 Questions You Need to Ask
Changing accounting systems is something most of us do just once or twice in our careers. It is a daunting task but sometimes a necessary one. This article is not a full checklist of all features you may want in an accounting system. To work through some detailed...
5 Types of Budgeting Methods for Business
The types of budgeting method you apply to your business planning depends on your situation. There is more than one way of thinking about budgeting. Essentially, more than one way to approach it. Let us explore some of the different budget methods that are commonly...
New in Calxa: Live Formulas and More Budget Reports
Finally, Live Formulas are new in Calxa this month. It’s been a big task for our team, but we now have live recalculation of budget formulas. Set one account as a percentage of another and it will automatically recalculate when the underlying account changes. Create a...
Tax Planning Strategies For Your Clients
Early tax planning discussions provide small businesses with better choice. Advisors traditionally deploy their tax planning by starting discussions with business clients towards the end of the financial year. Left to themselves, your clients, will often choose to...
New in Calxa: Budget Planning Reports & Editing Shortcuts
Let’s talk about what’s new in Calxa this month. It’s all for the budgeting aficionados. The period around March and April is the peak budgeting time in many parts of the world. The UK and NZ have their financial year end, Australians are starting to prepare for...
How to Calculate Payroll Budgets for your Business
How to calculate payroll budgets is an important skill for business operators. For many businesses, payroll is the biggest expense. Especially for those providing services to their customers. Even in the world of manufacturing, payroll can still be a significant...
5 Must-Have Apps To Grow Your Bookkeeping Business
Building and growing a successful bookkeeping business in a modern world involves having a good set of apps. It is all part of becoming a modern bookkeeper. We’re often asked by our bookkeeping clients what software they should be implementing in their practice. They...
How to Become a Modern Bookkeeper
The modern bookkeeper is a term that has developed over the past 10 years. During this period, the bookkeeping industry has undergone a vast transformation. In part, technology has forced businesses to onboard to new systems. Engaging modern bookkeeping services has...
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