At the recent Xero Roadshow, Trent Innes (Managing Director of Xero) kicked off his session with “Single Touch Payroll is set to be the biggest change to Australian businesses since GST“. This change has already been rolled out to the larger organisations as of last financial year. However there are small businesses, many of which…
If you had of asked me when I first started this job back in 2010, as the technology advisor for an accounting firm, if I would like to attend an Accounting Conference, I would have smiled and politely declined whilst thinking what on earth would they even talk about?
I am sure many of you woke up a bit dusty after another sensational, over the top wrap party, or because of the information overload we took away from Xerocon 2018! It was my 2nd year attending Xerocon and Xero’s mantra each year seems to be go big or go home!
Since the Facebook-Cambridge Analytica scandal, data protection has been in the forefront of everyone’s minds. However, despite the wake up call, hackers are becoming more advanced in the way they manipulate and use our data.
It’s hard to believe it’s now over 15 months since I was originally diagnosed with cancer. In a year that included 3 weeks in hospital with a Golden Staph infection and 6 weeks with major liver surgery and recuperation plus an ongoing program of chemotherapy
Welcome to another edition of Cancer-proof your business, where I help people set up their business and family financial affairs to survive the effects of life-altering events such as cancer and accidents. These events are stressful enough on their own without the added worry of the family’s business and finances.
MC from Practice Paradox talks to CEO, Greg Tuckwell about Zerobooks’ marketing strategy and how the firm is growing rapidly despite him only setting foot twice in the office in the past 8 months. We discuss our business model, core competencies and value proposition as well as our focus on automation and process improvement.
What would happen to your business if you weren’t around? Imagine you were diagnosed with cancer, or suffered some other major personal dilemma. What would happen to your clients? Your staff? Your family? You may not have given it much thought. Neither had I until
The latest trend for accounting firms seems to be switching to fixed fees. And it’s not hard to see why, when you consider the advantages fixed-fee accounting services gives both the firm and its clients.
One of the toughest challenges small business owners face is figuring out how to scale their business. And that includes accounting and bookkeeping firms. Whenever owners ask us to help them scale their business, we start by looking at two things:
It’s great to see firms moving their clients to the Xero platform. But I’m amazed at the number of firms that aren’t taking advantage of it. For me, one of Xero’s biggest drawcards is being able to offer clients a completely new business platform.
Being part of Asia’s first ever Xero roadshows was an interesting experience, with plenty of interest being shown by local accounting firms. Held in Kuala Lumpur, Hong Kong and Singapore, the roadshow audience numbers far exceeded expectations.
When we decided to move Poole Group to the Xero platform, we set up a long-term structured plan that would take between 18 months and two years to complete. Why so long? Well, for a couple of reasons: We’d already been burnt once moving from one system to another, and didn’t want it to happen…
When talking to other accountants about the cloud and the benefits it brings to an accounting firm it is always interesting to ask if they started their practice in the cloud or if they transitioned an existing practice. The benefits of having your accounting practice 100% ‘in the cloud’ are well-documented, but the big question…
As you’re no doubt aware, online accounting can provide major benefits for both accounting firms and their clients. But a number of firms are struggling to make the transition. Some are hesitating, not realising the benefits on offer. And others have charged ahead, underestimating just how much work is involved in making the switch.
And why a firm that achieved Xero Partner of the Year for moving their clients to the Xero platform is now helping other accounting firms do the same. I’m often asked why the Poole Group—after achieving Xero Australia Accounting Partner of the Year in 2013—started Zerobooks in the first place.
Starting a new business for the first time can be tough. You’ve always dreamed of making a living doing what you enjoy, and you expect to take the world by storm the moment they hear about your new venture. Unfortunately, reality doesn’t always work that way.
Have you ever analysed your workflows to find out what’s making you money and what’s causing write-offs? In nine out of ten cases write-offs are the result of poor workflows and not being able to recover time spent sorting out a client’s data file.
The cloud has given accounting firms a chance to restructure their operations, processes and internal structures. But many firms are still oblivious to this massive opportunity, and have no clear idea how to implement such a strategy.
Lately there’s been a lot of focus on how “the cloud” is affecting the accounting profession. Which is odd, because it’s actually the bookkeeping profession that’s being affected the most.
