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Bookkeeping

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How Engaging a Bookkeeper Can Reduce Your Small Business Accounting Fees

How Engaging a Bookkeeper Can Reduce Your Small Business Accounting Fees

While it may seem like hiring a bookkeeper adds an extra layer of cost, it can actually lead to significant savings on your annual accounting fees. Read more

Implementing Internal Controls to Prevent Fraud 🔐

Implementing Internal Controls to Prevent Fraud 🔐

🛡️ Here is a list of suggested Internal Controls to Implement: Read more

Leveraging Financial Ratios for Business Health Assessment

Leveraging Financial Ratios for Business Health Assessment

Regularly tracking these metrics can help spot early warning signs and guide strategic decisions. Read more

Maximizing Entertainment Expenses: A Guide for Small Business Owners

Maximizing Entertainment Expenses: A Guide for Small Business Owners

However, for small business owners in New Zealand, navigating the Inland Revenue's (IR) rules around these expenses — especially when it comes to staff gifting and the potential implications of Read more

Understanding Business Expense Deductions: What Can You Claim?

Understanding Business Expense Deductions: What Can You Claim?

What Are Business Expenses? Business expenses are costs incurred in generating income for your business. These can include obvious things like the product you buy to onsell to customers, through to Read more

GST in New Zealand: What Small Businesses Need to Know

GST in New Zealand: What Small Businesses Need to Know

In this blog, we will provide a breakdown of GST registration, filing requirements, common mistakes to avoid, and practical tips for small business owners. Read more

How to Prepare for the End of the Financial Year

How to Prepare for the End of the Financial Year

Reconcile Your Accounts 🔎 There are three key areas to check to ensure all transactions are reconciled and matched to your financial records correctly. Check your Debtors (Aged Receivables) Report Read more

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