The Accounting Hub, Author at The Accounting Hub

Author: The Accounting Hub

Budgeting and cash flow forecasting: key to your business success

Posted by The Accounting Hub
on January 6, 2024

If enhancing your business strategies is on your list of New Year’s resolutions, now is a good time to revitalise your approach and set the stage for success in the upcoming year. In the unpredictable world of business, finding a [read more...]

Strategies for boosting your startup’s cash flow

Posted by The Accounting Hub
on November 30, 2023

In the unpredictable world of startups, maintaining a cash surplus can be a lifesaver. It provides a safety net in case sales don’t meet expectations or unexpected expenses arise. Aside from providing security, surplus cash also paves the way [read more...]

‘No GST’ vs ‘zero-rated GST’ transactions

Posted by The Accounting Hub
on November 15, 2023

If you’re a business owner or taxpayer in New Zealand, you’ve likely encountered terms like ‘no GST’ and ‘zero-rated GST’ transactions. These terms refer to specific tax treatments under the Goods and Services Tax (GST) system in New Zealand. In [read more...]

Rising interest rates: impact on small businesses and mitigating those effects

Posted by The Accounting Hub
on October 16, 2023

In the world of business, one constant factor you are likely to encounter is change, particularly in the financial landscape. One such change that can bear significant implications for small businesses is rising interest rates. Understanding how this impacts your [read more...]

5 important financial ratios for your small business

Posted by The Accounting Hub
on October 2, 2023

As a small business owner, you’re likely already wearing many hats. But the hat of a financial analyst might seem a little oversized, particularly if your background isn’t in finance or accounting. However, understanding financial ratios can be a game-changer [read more...]

Small business guide to depreciation

Posted by The Accounting Hub
on September 19, 2023

Depreciation is basically a reduction in the value of an asset over time. What this means for your business is that if you buy a substantial asset like a computer or a car, you can claim a certain amount of [read more...]

Benefits of time tracking and project management software for professional services businesses

Posted by The Accounting Hub
on July 14, 2023

As a small business owner it’s easy to get caught up in the day to day running of your business and have little time for the bigger picture. After all, time is money and every minute counts. This is particularly [read more...]

Is eInvoicing worthwhile for contractors & small businesses?

Posted by The Accounting Hub
on June 12, 2023

If you are a small business owner or contractor you may have noticed the recent hype around eInvoicing. If you are wondering what it is all about and whether eInvoicing is right for you, read on. What is eInvoicing? eInvoicing [read more...]

Guide to end of financial year payroll for 2023

Posted by The Accounting Hub
on March 13, 2023

This content was originally created by Smartly Payroll. The end of financial year (EOFY) is an important time to be on top of all things payroll, and we know it can be a stressful time for Kiwi business owners. To [read more...]

Updated GST invoicing & record keeping requirements

Posted by The Accounting Hub
on December 2, 2022

The rules covering tax invoices are being updated for the first time since the introduction of GST in 1986 with the aim being to make GST record keeping easier. GST invoice rules are being updated to reflect some of the [read more...]