Calxa Blog
The latest updates and news on product and educational thoughts.
Signing Off on Good Governance
Whether you are a large publicly listed company or a small Not-for-Profit organisation, the need for good governance practices is extremely important as the duties, responsibilities and also the liabilities are often similar. In addition, Not-for-Profit organisations...
Cash Flow Implications For Growing Businesses
There are significant cash flow implications as you grow your business. Ideally, the growth of your business should have a positive impact. However, there is often a mismatch between when expenses are incurred and revenue earned. Or, between when suppliers need to be...
Cash Flow Analysis helps with Financing
Sometimes organic funding is not enough for a small business and looking at external finance is a natural next step. There can be varied reasons for the extra cash flow requirement: from organisational growth to the purchase of new equipment or additional stock or...
Budget Planning for Not-For-Profits is Critical
Careful budget planning for Not-for-Profits is critical as it provides a guide to how you intend to use your organisation’s resources. Your budgets also provide you with a mechanism to monitor performance by identifying variations and then deciding what action needs...
Calxa partners with CFO On Call
We’ve always looked for switched-on business advisors and have worked with a number of CFO On Call partners over the years. We’re now working with more than 60 of them to help improve the financial management of Australian and New Zealand businesses.  CFO On...
33 Spreadsheets Replaced by 1 Button
Changing laws and regulations can mean a change in the services provided by Melaleuca Refugee Centre, requiring Finance Manager Peter Trayte to make changes to the reports he generates for the board and management. The recent change to the National Standard Chart of...
Importance of KPIs for Not-for-Profit organisations
This article highlights the importance of KPIs for Not-for-Profit organisations. Key Performance Indicators (KPIs) are important for any organisation and arguably more so for Not-for-Profit organisations. The main reason for this is that most Not-for-Profits act on...
Sometimes life just changes – for the better
When Garry told Debbie that he was going to take a long break and she better get her business in order, she never imagined how this would change her life over the next year. And change it forever. Taking Stock and Planning Garry proposed a long break,...
Step-by-Step Cash Flow Projection Checklist
Creating a good cash flow projection in a spreadsheet is not easy. This is why Calxa works well for businesses that want to save time and simplify this process. As a result, we have compiled our own cash flow projection checklist for Calxa users. Cash Flow...
Calxa to roll out KPIs soon
Calxa is to introduce a range of KPI reporting option will allow users to choose from a set of accounting ratios to create KPI reports that are meaningful. This new reporting feature will allow users to choose from a set of accounting ratios or indices to create KPI...
5 Reasons you need a Cash Flow Projection
Doing business in these economically trying times is a challenge. Today we point out 5 reasons for cash flow projections. Cash Flow Projections Make Good Business Not only has getting funding and signing up new customers become more competitive but staying cash...
Latest edition of MYOB Software for Dummies available now
Now in its 7th edition, MYOB Software for Dummies is a complete guide to the new generation MYOB AccountRight software which was released late last year. It is a must-have resource, MYOB Software for Dummies And, although the author for MYOB Software for...
Not-for-Profit Boards demand cashflow forecasts
From 1 July 2012 board and committee members of incorporated associations started facing penalties of up to $20,000 for breaches of new legal duties. This affects especially, Boards allowing their organisation to trade while insolvent. This has prompted changes to the...
Fraud Survey Demonstrates Importance of Internal Controls
The latest of BDO’s annual surveys of fraud in not-for-profits has revealed that once again, the most common methods of detecting fraud are strong internal controls and tip-offs. Internal controls have been the most successful method of detecting fraud over the years....
ACNC completes first round of community consultations
Last month the ACNC (Australian Charities and Not-For-Profits Commission) Taskforce completed a series of community consultations. ACNC Taskforce Community Consultations They travelled around the country to explain their plans and seek feedback from members of...
Scrapping of CDEP to affect Remote Community
Plans to replace the current Community Development Employment Projects (CDEP) has successful remote community organisation Bawinanga Aboriginal Corporation (BAC) worried. The scrapping of the program will affect the 480 CDEP participants and 150 salaried staff in the...