Calxa Blog
The latest updates and news on product and educational thoughts.
Current Ratios in the Not-for-Profit Sector
The current ratio, or working capital ratio as it’s often known, is commonly used as an indicator of the viability of an organisation, whether it’s a business or a Not-for-Profit. It compares your current assets like bank deposits, debtors and trading stock to your...
Board Members keeping their Not-for-Profit afloat
Keeping your not-for-profit afloat is no easy task. Trading solvent weighs heavily on some boards, especially those who take board member responsibilities seriously. This means a board member needs to not only have the skill to quickly grasp where the organisation is...
The Invisible Accountant wins on Innovation
Our automated small business product, The Invisible Accountant, was honoured in the Queensland iAwards in Brisbane last week – and will be competing in the National iAwards in Melbourne at the end of August. Our CEO, Mick Devine, was thrilled to get the award and...
Automating the ATO Cash Flow Coaching Kit
The Cash Flow Coaching Kit is a great initiative from the Australian Taxation Office. You may have seen or heard that the Australian Taxation Office (ATO) has sponsored a new Cash Flow Coaching Kit. It’s been designed to assist Accountants and Bookkeepers who want to...
Adding Value To Your Practice Using Calxa
Calxa can help adding value to your Practice. More and more accountants and bookkeepers are starting their “advisory” journey with Calxa. Start on one organisation at a time. Simply, use one of the shortcuts to create budgets and then one of the pre-set report...
Importing Budgets and More
Next week's release will just about complete the budgeting functionality online. In the next few days we’re releasing an update to Calxa online that will take the budgeting abilities up a significant notch – you’ll be able to export and import budgets. In addition to...
23 Ways to Improve Cash Flow
The ultimate list on how to improve cash flow for financial success. Positive cash flow is crucial for any business’s financial success and its survival. If your cash flow is in a poor condition, your company is in major trouble. There are a lot of tips and methods on...
Verdict on NZ Charity Compliance
It's been two years since the new reporting standards were introduced. New Zealand’s Charity Services is pleased with the compliance rates after the second full year or reporting under the new standards. After that, there was bound to be some New Zealand Charity...
Small Business – The Eternal Optimist
Despite evidence to suggest otherwise, business owners remain confident To go into business, you have to be something of an optimist. You have to believe, with some level of confidence, that you can change your future and make it better. What happens after you’ve been...
Updated Calxa Terms
General Data Protection Regulation will take effect from 25 May. You’ve probably heard this story from dozens of websites and software suppliers lately and it’s all down to the Europeans. The General Data Protection Regulation (GDPR) will affect suppliers who deal...
The Budget Factory Make Over
Next week's release will sport one of our favourite features - newly invented. Creating a budget takes time and, just like the early industrialists, sometimes you need a factory to create or modify many of them at once. We’ve taken the Budget Factory you’ve known for...
ATO’s STP for QuickBooks, MYOB and Xero
If your head is spinning after reading this headline and you have no clue what we’re talking about but you employ staff, you best read on. There are some important legislation changes coming up regarding payroll, called Single Touch Payroll (or STP in short). Whilst payroll is not a core functionality of Calxa, we do understand it’s importance for our customers.
Not-for-Profits are Top Innovators
CBA Study uses 15 core drivers to gauge organisational innovation. A recent Commonwealth Bank study shows that Not-for-Profits are often more innovative than the average business with around 95% of organisations either innovating or actively working on improving how...
Catching Up with First Class People
First Class Accounts National Workshop and the Accounting Business Expo Wrap Up At the end of March, we had the privilege of sponsoring the First Class Accounts National Workshop in Sydney and it was a great opportunity to meet many of their franchisees – some for the...
Online Budgets are Just Around the Corner
Handling changes to NZ Provisional Tax and doing budgets are coming up next. We have a surprise in store for you when you come back from your Easter break. You’ll be able to edit and create budgets online, in the browser app. And we are making some cool changes that...
NDIA Capped Pricing Reviewed
Here is a summary of the 2018 Independent Pricing Review. You may think the rollout of the National Disability Insurance Scheme does not affect you but if your not-for-profit operates mostly grant-funded, you may want to take heed of the transition in the disability...
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And the team has been very helpful and responsive in tailoring a solution that meets our set-up and needs.
Would definitely recommend the product and the staff behind it.
