Calxa Blog
The latest updates and news on product and educational thoughts.
Unit Cost Calculations
Unit cost calculations are important in many businesses and increasingly for Not-for-Profit organisations. They help you understand the cost of each of your activities or products so that you can see which ones are profitable and which are problematic. Unit Costs are...
Calxa for NDIS
How Calxa can help manage the NDIS checklist Are your systems ready for the NDIS? Having the right systems in place well in advance of the change will allow you to get the processes right and give you the information you need to run your organisation successfully in...
KPIs: Tools for Success
How to use KPIs to achieve success Simply hoping to make or save more money is no guaranteed way of achieving financial success (as much as we wish it were the case). However, working towards incorporating Key Performance Indicators (KPI) into your financial reporting...
Evaluate Calxa and Compare Forecasting Tools
Taking time out to evaluate Calxa and compare forecasting tools will make sure you find the right fit for you. Ultimately, figuring out the best forecasting tool for the job is not an easy task. The question is, how do you compare 'apples with apples'? ...
Reports: from Xero to Calxa
A comparison between Xero and Calxa for financial reporting We often get asked why do I need Calxa? What does Calxa have that I cannot do in Xero? Our reply usually starts with a return question: “What is it you are trying to achieve?” For many businesses, using their...
Work Ahead – Start Tax Planning for 2018 Now
Early tax planning discussions provide small businesses with better choices. Traditionally, small businesses and their advisors have started discussions on tax planning towards the end of the year. For some clients, it’s very close to the end of the year (or even...
ATO Benchmark Ratios for Small Businesses
The Australian Taxation Office (ATO), like many similar organisations around the world, uses benchmark ratios and data to monitor business performance. If your business strays outside the benchmarks for your industry you are more likely to face an audit, or at least...
Franchises Using Calxa
Calxa provides a rich source of information for both franchisees and the franchisor. It makes it possible to easily consolidate franchises - either globally or for individual regions. By generating KPIs for the entire group, franchisors can provide their...
Foundations of Strong Budget Reports
Here are our thoughts on what is required to prepare reliable budget reports. It's no good presenting reports to your board, manager or your bank that contain errors. This checklist will ensure that you produce good, reliable, board-ready reports. 1. Reconcile...
XS: The Impact of Extra Small Charities
ACNC report on Australia's smallest charities. The big guys get most of the attention but there are 19,000 charities in Australia with income of less $50,000. Despite not being over-run with cash, according to a recent report by the ACNC, many of them “perform highly...
What is a Working Capital Ratio?
Working Capital Ratio is a simple KPI that tells your business health. There’s a variety of numbers to choose from when assessing the health of your business but the Working Capital Ratio is one that’s commonly used. It is relatively simple to prepare. Even without a...
Calxa Portal to Manage your Clients
Handle client subscriptions and workspaces with Calxa Online. If you have been following our Online Diaries, you will know that we’ve done lots of work on Calxa Online but not much of it yet has been visible to you. That’s about to change this month! And, it will...
Benchmarking NFP Boards: How does your NFP Stack Up?
Benchmarking NFP boards is not the easiest task for any not-for-profit organisation. Much is being written regarding the state of NFP (not-for-profits) Board practices across the western economies. It makes for some interesting reading and provides some good...
Responding to a Revenue Crisis
A revenue crisis can happen to any business. It can have its foundations from an economic downturn or increased competition. On the other hand, it can originate from internal mistakes. Whatever the reason, it is a problem that needs a solution. So, you’ve compared...
Spicing Up your Cashflow Settings
Sometimes you need more than just plain vanilla cashflow settings. Plain vanilla cashflow settings work for many situations but sometimes you need a little bit more. Sometimes you need to experiment, try something new. In Calxa, there’s a cashflow type assigned to...
Is there a Questioning Culture in Your Organisation?
If not, you may be missing out. Article first published on OPTIMUM NFP's blog in 2016 Change management is at the forefront of many organisations. As funding changes determine a business-like approach to every day operations, empowering the organisations with strong...