News

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

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

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...

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....