Happy New Financial Year
Note – This is a repost from our previous website (2013).
Well its that time again. Another new financial year starting with the oncoming frantic rush to get payment summaries to employees, reconcile GST for the year and ensure clients can get their tax return completed just as soon as they need to is all happening. That being said, this year is exciting! We have a new accounting program on board (cloud based Xero). We have only been using this online program for a month and already we have found it to be amazing. Being able to work from any computer or Ipad with an internet connection has increased the flexibility of work, and the ‘once scary’ bank feeds have turned out to be one of the highlights. Being able to reconcile overnight transactions from the comfort of your bed on an Ipad, has certainly put the fun back into this line of work.
Some clients will really benefit from being able to prepare and send professional invoices directly to their clients as they complete their work. This will improve cashflow for the client and assist with debtor management.