Current Ratios in the Not-for-Profit Sector

Current Ratios in the Not-for-Profit Sector

The current ratio, or working capital ratio as it’s often known, is commonly used as an indicator of the viability of an organisation, whether it’s a business or a Not-for-Profit. It compares your current assets like bank deposits, debtors and trading stock to your...
Board Members keeping their Not-for-Profit afloat

Board Members keeping their Not-for-Profit afloat

Keeping your not-for-profit afloat is no easy task. Trading solvent weighs heavily on some boards, especially those who take board member responsibilities seriously. This means a board member needs to not only have the skill to quickly grasp where the organisation is...
The Invisible Accountant wins on Innovation

The Invisible Accountant wins on Innovation

Our automated small business product, The Invisible Accountant, was honoured in the Queensland iAwards in Brisbane last week – and will be competing in the National iAwards in Melbourne at the end of August. Our CEO, Mick Devine, was thrilled to get the award and...
Adding Value To Your Practice Using Calxa

Adding Value To Your Practice Using Calxa

Calxa can help adding value to your Practice. More and more accountants and bookkeepers are starting their “advisory” journey with Calxa. Start on one organisation at a time. Simply, use one of the shortcuts to create budgets and then one of the pre-set report...
Importing Budgets and More

Importing Budgets and More

Next week’s release will just about complete the budgeting functionality online. In the next few days we’re releasing an update to Calxa online that will take the budgeting abilities up a significant notch – you’ll be able to export and import budgets. In...
23 Ways to Improve Cash Flow

23 Ways to Improve Cash Flow

The ultimate list on how to improve cash flow for financial success. Positive cash flow is crucial for any business’s financial success and its survival. If your cash flow is in a poor condition, your company is in major trouble. There are a lot of tips and methods on...
Verdict on NZ Charity Compliance

Verdict on NZ Charity Compliance

It’s been two years since the new reporting standards were introduced. New Zealand’s Charity Services is pleased with the compliance rates after the second full year or reporting under the new standards. After that, there was bound to be some New Zealand Charity...

Small Business – The Eternal Optimist

Despite evidence to suggest otherwise, business owners remain confident To go into business, you have to be something of an optimist. You have to believe, with some level of confidence, that you can change your future and make it better. What happens after you’ve been...