Calxa Blog
The latest updates and news on product and educational thoughts.
Costing Bed-Nights for the NDIS Accommodation Provider
The NDIS Accommodation Provider runs a tight operation. Ideally, you want to achieve a 100% occupancy rate each night knowing the services are reaching the people in need. Reality is that a full house is not always possible. Of course, fixed costs are applicable...
Accounting Advisory Services: 3 Key Ingredients To Success
Sometimes it seems like everyone is talking about Advisory Services. But what are they? What do people mean when they talk about accounting advisory services and is it something you need to be doing? How do you deliver these services? Let us explore some of these...
Use Xero Login to Sign In or Sign Up for Calxa
Using the Xero Login to sign in or sign up for Calxa is an efficient way to operate. Single Sign On is the technical term for being able to sign in to one app with credentials from another. Calxa has been integrating with Xero since 2011. So much has changed since...
10 Examples of KPIs for Travel Agency Managers
Many businesses in the travel industry have had a tough time in 2020 and 2021. These 10 examples of KPIs for Travel Agency Managers will help you as an industry leader manage your business. With the massive decline in long distance travel, tracking performance is...
New in Calxa: Balance Sheet by Business Units and Daily Sync
July has been a month of releasing small changes but each of them has the potential to have a big impact on our customers. You will find a bunch of enhancements new in Calxa. From here on, your accounting data, if you’re using Xero, MYOB or QuickBooks, will sync...
Top 5 Reports for Accountants and Advisors
We all know that advisory is about more than reports. It’s about the conversations you have with your clients that get them thinking. However, reports can be an important catalyst for those conversations, so we’ve put together a selection to get you started. Not all...
New in Calxa: Launching Business Unit Combinations
What’s new in Calxa this month? We are greatly expanding the flexibility of Business Units for Xero and QuickBooks users this month. From here on, you will be able to report on the intersection of them. For example, you will be able to isolate  Project A in Department...
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. But, more some thoughts on how to...
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...
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