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Accounting

10 articles. Related service: Accounting

Accounting5 min read

How to build a 13-week cash flow forecast

A step-by-step guide to building a rolling 13-week cash flow forecast so you can see cash pressure coming and act before it becomes a problem.

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Accounting5 min read

The balance sheet, explained for business owners

What the balance sheet shows, how assets, liabilities and equity fit together, and the warning signs every business owner should know how to spot.

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Accounting6 min read

A practical BAS preparation checklist

A step-by-step checklist for preparing your business activity statement accurately, from reconciling the books to checking GST, PAYG and the final figures.

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Accounting5 min read

Setting up a chart of accounts that actually helps you run the business

How to design a chart of accounts that gives you useful reports, keeps GST and tax treatment clean, and grows with your business instead of fighting it.

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Accounting5 min read

Choosing accounting software — what to look for

How to choose accounting software for an Australian business, covering bank feeds, GST and BAS, payroll and STP, reporting, integrations and switching.

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Accounting6 min read

GST in Australia — when to register and how it works

A plain guide to GST for Australian businesses, covering when you must register, how GST is charged and claimed, and the records you need to keep.

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Accounting5 min read

Management accounts vs compliance accounts — why you need both

Compliance accounts satisfy the ATO and regulators, management accounts help you run the business. Here is what each does and why you need both.

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Accounting6 min read

A simple month-end close routine for small businesses

A practical month-end close routine for Australian small businesses to reconcile, review and lock the books so your monthly numbers can be trusted.

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Accounting6 min read

Payroll, Single Touch Payroll and super — the essentials for employers

What Australian employers need to know about running payroll, reporting through Single Touch Payroll and paying superannuation correctly and on time.

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Accounting5 min read

How to read your profit and loss statement

A practical guide to reading your profit and loss statement, from revenue and gross margin to overheads and net profit, and the questions to ask of it.

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