Your Xero bank balance and your online banking do not agree. This guide explains the three balances Xero shows, the common causes of a difference, and a step-by-step method to find and fix it.
Yes, you can do your own bookkeeping in Australia. This guide covers what the rules require, when DIY works, the warning signs that it is time to hire, and the middle options in between.
A plain-English guide to what a bookkeeper does for an Australian small business each month, where bookkeeping ends and BAS work begins, and what you should expect to hand over and receive.
A practical checklist of the documents and access your BAS agent needs each quarter: authorisation, sales and purchase records, bank and card statements, payroll and super records, plus a simple timeline.
What a business activity statement (BAS) is, who needs to lodge one, when GST registration is required, how often you report, the quarterly due dates and what to do if you have nothing to report.
A step-by-step guide to setting up Xero for an Australian charity or NFP: the non-profit discount routes, conversion date, financial settings, chart of accounts, tracking categories for grants and funds, bank feeds and user roles.
Under ACNC rules, whether your charity needs an audit, a review or neither depends on its annual revenue. Here is how the thresholds work, what else can require one, and how to prepare.
A plain-English guide to what the ACNC requires each year by charity size: the Annual Information Statement, the financial report, notifications of changes, record keeping and due dates.
A plain-English comparison of a bookkeeper, an accounting services provider and a CFO (finance leader), with a simple way to decide which one you need now.
Published ranges for outsourced and fractional CFO retainers in Australia, how they compare with a full-time CFO salary, what drives the fee and what to ask before you sign.