Budgeting

5 Ways of Budgeting Made Easy

5 Ways of Budgeting Made Easy

5 Ways of budgeting made easy walks you through the steps of doing your budgets in the Calxa app. Essentially, Calxa is an alternative to preparing budgets in a spreadsheet. If you are looking for ways to make your business budgeting easy, read on.

Reviewing your Mid-Year Budgets

Reviewing your Mid-Year Budgets

The half-way point in your financial year is always a good time to step back and review how you’re going, adjust your forecasts and plan for the rest of the year. Follow these tips to take stock, do a mid-year budget review and get the most out of Calxa. If you are...
Making Sense of Balance Sheet Budgets

Making Sense of Balance Sheet Budgets

A cashflow forecast isn’t complete without considering what’s happening in your Balance Sheet accounts. It’s fairly straightforward to master the skills needed to put together a Profit & Loss budget, but movements in assets and liabilities are less familiar to many people. In this article, we’ll explain the principles involved in using balance sheet budgets, rather than all the technical details.

Budgets: A GPS for your Business

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...
Building Budgets Back to Front

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...
Preparing Next Year’s Budgets

Preparing Next Year’s Budgets

Budgets are all about preparing for the expected and the unexpected as realistically as possible in the fastest time possible. This article will guide you to preparing next year’s budget using Calxa. To start off, prepare a budget for Next Year that is based on...