Calxa Blog
The latest updates and news on product and educational thoughts.
Auto-Budgets to make Getting Started so Easy
Plus tweaks to the NDIA Bulk Claims and new Cashflow Options Our next update at the end of the month will give you more options in fine-tuning your cashflow and an automatic budget with every new organisation – so you can produce reports instantly. Auto-Budget...
Choosing your Forecasting Tool
Preparing Cashflow Forecasting in a spreadsheet is hard work. Or, more precisely, forecasting cashflow well is hard work in a spreadsheet. The traditional method of managing timing of debtors and creditors, for example, is to make simplistic assumptions that...
IMPORTANT: Changes to Calxa Licencing Terms
As our business and products evolve from a desktop to an online environment, we need to make changes to the terms under which we operate. These terms outline what you, as the user of our products, can expect from us. We’ve tried, as much as possible, to...
Budgets: A GPS for your Business
How do budgets guide your business to your planned destination? We often get asked this. A wise man once described accounting as like driving a car using only the rear-view mirror. It gives you a good idea of where you’ve been but very little indication of where you...
Early Adopters to get Performance Improvement
Re-developed back-end infrastructure ensures scalability of Calxa Online Whilst most of us have been spending time in the pool and playing cricket in the back yard, our Dev team has been most diligent. Infrastructure Re-Design Our developers have been busy working on...
Winners really are Grinners
Great to see so many Calxa Friends being awarded for their efforts. It was no surprise to see Calxa customers Delphis Australia taking out some well-deserved accolades at the recent inaugural Central Coast Aged Care and Disability Achievements Awards. Their services...
Flying under the ATO Radar
The last thing any business wants is a knock on the door from the Tax Man. The Australian Taxation Office (ATO) sets standard industry benchmark ratios to give them an indicator of businesses that may be doing some creative accounting. So the key thing is to be aware...
There are NO Silly Questions for the ACNC
The Australian Charities and Not-for-Profit Commission (ACNC) has been travelling around Australia delivering their ‘Ask ACNC’ workshops. The seminars provide an overview of governance standards, charity obligations as well as a guide to financial literacy and are...
Automating your Advisory Practice
Compliance vs Advisory Practice is the question. Everyone’s talking about accountants moving away from compliance. They say the sweet spot is in business advice. However, how many are actually doing that? And moreover, how easy is it to become an Advisory Practice?...
Calxa Online to turn Heads
Brief look at the Cloud App Roadmap. Working on our online app has been as much a reflective process as it has been a revelation. The world online is infinite and is going to afford us a platform to deliver a great product in return. Our team is really embracing the...
See the Bigger Picture
The upcoming Calxa Update will deliver more planning reports. The next software update is not far away. We have it planned to go live for the week of the 7 November. We’ve got new report templates, new budgets and better delivery of scheduled reports. For those of you...
Mitigating Risk for Specialist NDIS Accommodation
With the release of the Specialist Disability Accommodation (SDA) Policy Framework, the NDIA clearly set the parameters for these services.Here is how Specialist Disability Accommodation Providers can manage their financial risk. While the sector welcomes this...
Storytelling with Numbers
Storytelling with Numbers explores the foundations of financial reporting. Is Reporting storytelling or is Storytelling reporting? You are forgiven if you have a position either way. Delivering financials can be the mother of all stories. It is just that it uses...
Social Impact: Calxa Customers Save $12 million each Year
In 2016, we did an exercise to see what Calxa's social impact was valued by using ACNC returns. This data was included in the More than Charity report released by VCOSS, the Victorian Council of Social Services. Importantly, it revealed that Victorian community sector...
Building Budgets Back to Front
Building your budgets back to front means starting with a blank piece of paper and budget for a desired net profit. Many of us start from last year’s results. Taking a shortcut with our budgets by extrapolating from last year’s results will generally give you a fairly...
Automation: the Rockstar
Everything cloud is very trendy and fashionable these days but that’s not the reason we’ve been adding online capabilities to Calxa. The focus with Calxa Online are Automated Workflows, Triggers and Collaboration. Having your data online has real benefits that can...
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