Accounting & Finance Archives - Page 3 of 5

Category: Accounting & Finance

How specialist accounting systems and tools help professional business owners

Posted by Andrew Millington
on July 24, 2020

As a lawyer, doctor, surveyor, IT specialist or other professional business owner, the task of accounting for your specific industry can take you out of your comfort zone. Not only do you require basic accounting services, but you need expertise [read more...]

Up your business game: professional accounting practices you should adopt

Posted by The Accounting Hub
on July 15, 2020

All businesses need accounting services, however an astonishing number of business owners are attempting to manage accounting on their own. Now the good old ‘Kiwi DIY’ attitude has its place, but with all due respect, professional accounting practices are not [read more...]

Hubdoc & Xero: reduce mistakes & audit-proof your business

Posted by Andrew Millington
on June 19, 2020

Many of our clients view document storage as a low priority job and rely on their email file or pieces of paper to store invoices associated with expenses that they are claiming. Although it’s tempting to work this way its [read more...]

Tax compliance: how to have a happy relationship with IRD

Posted by Helen Willis
on June 16, 2020

There’s no two ways about it; if you run a business, then you might as well embrace your relationship with Inland Revenue as it’s not going anywhere! Whether you’re in the retail sector, or professional services, what will help this [read more...]

How cash flow forecasts can help your business

Posted by The Accounting Hub
on May 28, 2020

Managing cash flow is a vital part of running a successful business especially in the current economic climate. Some business owners think managing cash flow simply means keeping track of how much money enters and leaves their business, but there’s [read more...]

Starting Strong: Getting Tax Right In Your First Year Of Business

Posted by The Accounting Hub
on February 28, 2020

Finding your feet in the first year of business can seem like an ever-evolving task list, but tax is one thing to get ticked off quickly. Instead of waiting for your tax situation to snowball with a surprising result come [read more...]

Separating personal and business expenses

Posted by The Accounting Hub
on January 8, 2020

There are some things in life that go together well and others that definitely do not. Business and personal finances are in the category of items that should not be mixed. Although it may seem like a headache to keep [read more...]

New to New Zealand? Here’re your facts on tax residency

Posted by The Accounting Hub
on December 15, 2019

There is nothing quite like moving overseas to send your ‘life admin’ skyrocketing. Many of our clients have relocated here to New Zealand from all over the world – UK, Australia, India, China, Canada and even Hungary – and are [read more...]

Cashflow: the number 1 thing you need to know about your business

Posted by The Accounting Hub
on December 5, 2019

When you own a small business, it’s vital you understand how money flows into and out of it. At a basic level, you need to know where your income comes from and what your expenses are. At a deeper level, [read more...]

Avoid these 5 costly accounting mistakes

Posted by The Accounting Hub
on November 6, 2019

A Canadian bank recently surveyed over 500 small business owners about what they love and hate most about owning their own business. Unsurprisingly, flexibility and feeling in control ranked first in the “love” category. Meanwhile, almost 60% said bookkeeping was [read more...]