KPIs: Tools for Success

KPIs: Tools for Success

How to use KPIs to achieve success Simply hoping to make or save more money is no guaranteed way of achieving financial success (as much as we wish it were the case). However, working towards incorporating Key Performance Indicators (KPI) into your financial reporting...

Reports: from Xero to Calxa

A comparison between Xero and Calxa for financial reporting We often get asked why do I need Calxa? What does Calxa have that I cannot do in Xero? Our reply usually starts with a return question: “What is it you are trying to achieve?” For many businesses, using their...

Work Ahead – Start Tax Planning for 2018 Now

Early tax planning discussions provide small businesses with better choices. Traditionally, small businesses and their advisors have started discussions on tax planning towards the end of the year. For some clients, it’s very close to the end of the year (or even...
First Class Accounts, Fremantle

First Class Accounts, Fremantle

Calxa Case Study – First Class Accounts Fremantle Watching the light-bulb moment when business owners start to understand their business and their numbers. Chelsea Sanginiti Owner, First Class Accounts Fremantle The Problem Chelsea Sanginiti is well respected...
ATO Benchmark Ratios for Small Businesses

ATO Benchmark Ratios for Small Businesses

The Australian Taxation Office (ATO), like many similar organisations around the world, uses benchmark ratios and data to monitor business performance. If your business strays outside the benchmarks for your industry you are more likely to face an audit, or at least...
Franchises Using Calxa

Franchises Using Calxa

Calxa provides a rich source of information for both franchisees and the franchisor. It makes it possible to easily consolidate franchises – either globally or for individual regions.   By generating KPIs for the entire group, franchisors can provide their...
Foundations of Strong Budget Reports

Foundations of Strong Budget Reports

Here are our thoughts on what is required to prepare reliable budget reports. It’s no good presenting reports to your board, manager or your bank that contain errors. This checklist will ensure that you produce good, reliable, board-ready reports.   1....

XS: The Impact of Extra Small Charities

ACNC report on Australia’s smallest charities. The big guys get most of the attention but there are 19,000 charities in Australia with income of less $50,000. Despite not being over-run with cash, according to a recent report by the ACNC, many of them “perform...
What is a Working Capital Ratio?

What is a Working Capital Ratio?

Working Capital Ratio is a simple KPI that tells your business health. There’s a variety of numbers to choose from when assessing the health of your business but the Working Capital Ratio is one that’s commonly used. It is relatively simple to prepare. Even without a...