Category Archives: Xero

Investing in the Numbers

Bookkeeping. Investing in the numbers.

I want to show you how investing in the numbers can add value to your business. That can make you richer and make everyone happier. Including Revenue. What sparked this idea was a call from my friend Johnny this morning at 8.20. “Well Johnny, what’s up”? “I’ve to tax the van and I need to

Proper Books and Records

Miley Sirus didn’t keep proper books and records. Sure, he only had a modest income and couldn’t afford a professional bookkeeper. Is that last sentence a fact or is it fiction? Let’s explore what Revenue wanted, the money at play, and the result of the case. I will introduce you to Miley Sirus The Appeal

Transform Your Business With Dext

Dext modern accounting toolkit

You can transform your business with Dext by going digital. In your business, time is money. Every hour of productivity counts and the hours you spend swamped under financial admin impact your bottom line. The solution? Cut out clunky manual processes and replace them with slick, automated systems to free up hours every month. It

Bookkeeping – Do You Need Help?

Bookkeeping process

With bookkeeping do you need help? Gone are the days when one person can keep on top of all the changes coming thick and fast. Arriving like an express train into your inbox from the well-oiled Revenue machine. Let’s look at What is bookkeeping? Current system The good, the bad & the ugly Time for

Keeping Proper Books & Records

Tax man chasing a business woman

Keeping proper books & records is the law. It’s not something that is nice to do or something you’d like to do. It’s a must and is something that can give you very valuable commodities. Those commodities are money, time, and confidence. When I say it’s the law, there are plenty of pages and sections

How Xero will change your life for the better

The difference Xero makes to the lives of business owners can’t be overstated. The digital accounting software has been created specifically for entrepreneurs, designed to free up your time and give you a treasure trove of actionable insights. We’ve already looked at how cloud accounting will help your business, but let’s get more specific: here’s

How will cloud accounting help my business?

XERO

In 2024, using spreadsheets for your business accounting is clunky and inefficient. Desktop-based programs like Excel require extra hours and effort that could be spent developing your business. The answer? Digital accounting software. When operated correctly, this cloud-based technology streamlines your finances and yields reliable data you can use to your advantage. Let’s look at

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