Prioritising Revenue, Profit And Cash Flow – Which Is More Important For Your Business
Revenue, Profit and Cash Flow – which one is more important? The question as to the significance of prioritising Revenue, Profit and Cash Flow crops up for every business at some time or another. Focusing on the right financial strategy can make or break your...
5 Important Construction Performance Metrics and KPIs
Construction Performance Metrics and Key Performance Indicators (KPIs) help understand profitability in your business and keep you solvent. With tough times ahead for many in the construction industry, it is important to look at performance from different angles....
How To Forecast Tax Liabilities
For many accountants, how to forecast tax liabilities for their clients, is a regular challenge. But it is an important task that is part of their bread-and-butter services. The certainty of paying taxes is often ascribed to Benjamin Franklin, but he was in many ways,...
New in Calxa: Excel Spreadsheet Integration
New in Calxa this month is a bit of a surprise. We call it Calxa Unplugged. It means that Calxa now works without a connected accounting system. It’s a combination of creating the structure manually and bringing in some from an Excel Spreadsheet. After many...
New in Calxa: Loan Wizard to Calculate Budget for You
Those of you who remember the Calxa desktop application will know that it included a simple but useful loan calculator. The good news is that we have now added that to the online app for everyone to use. The new loan wizard was released last week. What...Townsville Tech Company Celebrates 10-Year Anniversary Amidst Social Distancing Restrictions
Townsville software company, Calxa, celebrated its 10-year anniversary today. Whilst a milestone such as this would normally call for a get-together with their customers and partners at their Flinders Street offices, the current corona-virus restrictions limited the...
7 Examples Of How To Use Calxa With Spreadsheets
One of the benefits of using Calxa has always been the simple connection to an accounting system. An alternative, is to use Calxa with your spreadsheets. Linking to your Xero, MYOB or QuickBooks means Calxa does some of the hard work for you. However, not everyone...
How To Prepare A Cash Flow Forecast In Under 30 Minutes
If I said to you “I’ll show you how to prepare a cash flow forecast in under 30 minutes” would you believe me? I dare say that, just like me, you have spent half a lifetime in spreadsheets. Possibly adding new rows, tweaking formulas, double-checking the numbers as...
The Best Way To Do Group Consolidation Reporting
Group consolidation reporting, also referred to a multi-company consolidation, can be a time-consuming task for any CFO (Chief Financial Officer). Often, it involves a plethora of spreadsheets with multiple interconnecting worksheets. The effort you need to keep this environment balanced and reconciled is agony for many. It can fall over just by overriding one formula. And, sometimes, you may not even notice the error until months down the track. The desired outcome is the need to see several business activities wrapped up into a combined financial statement. A view to give a snapshot across all companies and to track the overall performance.