OBT Quick Cost Accounting Case Study Client Ann Marie owns a manufacturing business which makes a high-end product. She varies her design from time to time so there are many versions of her primary design. Challenge Ann Marie did not have a cost accounting system… Read More >>
Getting business structure right
Working as a freelance Personal Training and Group Fitness Instructor sounds like a liberating, interesting and well-paying job. But the truth is, like any independent contractor, there are business issues that have to be considered before you take your first class or train a client…. Read More >>
Don’t wait until it’s too late to get real answers from your accountant
Our hearts go out to business owners at this time of year. Not only is there a lot of prep to be done around the financial year-end this year and every year, but it can be an anxious time for some if they’re only getting… Read More >>
3 tips for getting through #EOFY with your head on
30 June deadline pressure getting to you already? EOFY can be stressful, especially if you fail to plan. There’s no need to panic if you get organised now. Online accounting software has revolutionised the way accountants and business owners communicate on the accounts and prepare… Read More >>
Stepping off the ark and into the cloud with MYOB and OBT
Suzanne and Peter re-cast their business processes with up-to-date accounting technology – the cloud – and OBT to get organised. They took a leap of faith and have come out all the better for it.
7 ways online accounting can improve cash flow
You can run a profitable business but, unless you have cash flow under control, the odds are against you. According to Dun and Bradstreet, 90 percent of small business failures are caused by poor cash flow management. Want to make sure you’re not just another… Read More >>
Understanding your cash flow statements
Statement of Cash Flows is the key to understanding the health of your business For small businesses cash is king. Cash flow ensures that a business can pay its bills and staff, keeping the business operational. That’s why the Statement of Cash Flows report is… Read More >>
5 benefits of cloud accounting
Cloud accounting has been around for quite a while now But even still, the idea of taking our data to the cloud can be a little confronting for some. With these technological enhancements, there’s never been a better time to understand the opportunities to optimise and grow your… Read More >>
Top things to look for in a bookkeeper – part 2
Continuing with our pointers to show you what you need in a good bookkeeper (part 1), make sure your bookkeeper makes the grade in each of these areas: 4. What about technology? You’ve heard of ‘the cloud’. That term scares so many but has changed the… Read More >>
Top things to look for in a bookkeeper – part 1
In every industry, there are the experts and there are the cowboys. Bookkeeping is no different. The problem for business owners is that if your bookkeeper is a cowboy, you could end up in hot water. Because bookkeepers live in a world full of deadlines,… Read More >>
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