Category Archives: Xero

Why your bookkeeping is rubbish

Rubbish

It’s so much more than just a compliance task. “Rubbish” may be a strong word to use, but we so often see entrepreneurs restricting their own business’s growth by limiting their bookkeeping to basic record-keeping. While this fulfils compliance purposes for Revenue, it doesn’t even scratch the surface of the powerful insights you could gain

Bookkeeping – Outsource or Die

Paper everywhere

A catchy title. Bookkeeping – Outsource or Die is the title of a book. We were working with a business coach for accountants in the UK and the guest speaker Mark wrote it. He was a UK national living in the Philippines. He and his team provided outsourcing solutions to UK accountants. Successful and smart,

Your Accountant – A Bean Counter!

Bean counter

My friend John calls me a bean counter, knowing that I am part of an accountancy and tax business. The bean counter reference is an accusation. A not-so-subtle dig at the accountancy profession. He doesn’t hold accountants in high esteem and is brutally honest about it. I came across the Bean Counter Cafe on my

Bookkeeping – A Partnership Approach

We are in this together

We will look at bookkeeping and how a partnership approach can make your life easier. Plus, it can improve the bottom line and put more cash in your pocket. Introducing you to Conor and Amy [their real names] we will touch on some of the things that helped them. And why they decided to use

Bookkeeping – Nail the foundations

Bookkeeping foundations

Bookkeeping – Nail the foundations. Why should I do that? What’s in it for me? What even are the foundations? Sure, I’ll be grand. But will you? This isn’t a lecture about you should do this and if you don’t then you are in big trouble. It is more to discuss what the basics are

Bookkeeping – Go Paperless

Xero Gold Partner

Bookkeeping – Go Paperless. Yeah right! Sure, how can we do that? I can hear you all now. That fella is pulling our leg! And why would you want to go paperless anyway? What’s in it for me? We will explore further and make a case for it by looking at. Does paper cost money?

Why Outsource your Bookkeeping

Time for change

Happy New Year to all our readers. We will look at the reasons why you should outsource your bookkeeping. The plan is to compare what your bookkeeping looks like now to what it could look like. Some people are not into the numbers. Our client once told us that he’d rather pick potatoes for a

Bookkeeping – Hand it over and help your marriage

Couple holding hands

This week we will introduce you to Justin and Helena. They decided to hand over their bookkeeping to us. We will show you how it helped their marriage. Oh, and the business too! Justin and Helena – An Intro Why hand it over Invoicing the priority Benefits Learnings Part of the business Justin and Helena

Tax Defaulters List

Very upset man

Every quarter Revenue release a tax defaulters list. We will look at sectors that appear on the list and what the interest rates and penalties are. Plus tips to keep you off the list. The latest one was on the 14th of June last for the first 3 months of this year. Following on from

Top 5 Benefits of Outsourcing your Bookkeeping

Bookkeeping team at CF

Most business owners dread that day every year when the phone rings. Oh no, it’s the accountants looking for the books. A lot of running about searching for the paperwork only to find, as always, you’re missing some. The hassle of ringing the bank to get replacements and paying through the nose for them. Or