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Super savers: paying yourself, your employees, and your superannuation

Super savers: paying yourself, your employees, and your superannuation

by Dollars + Sense | Mar 22, 2023 | Uncategorized

As a business owner, do you pay yourself? You may be staring blank at that question, but it’s something you need to be across. As bookkeepers and accountants, we can make the mental leap from “our business” to “someone who works in the business” as a matter of course...
New Year’s Reconciliations: Best practices for reconciling bank accounts in Xero

New Year’s Reconciliations: Best practices for reconciling bank accounts in Xero

by Dollars + Sense | Feb 17, 2023 | Uncategorized

Happy New Year! The beginning of the year is often the best time to get your bank accounts and reconciliations sorted. Invoices and receipts may be few and far between, especially if you’re a sole trader and your accounting or bookkeeping needs are minimal.  If you...
The dreaded ATO audit – your questions answered

The dreaded ATO audit – your questions answered

by Dollars + Sense | Jan 25, 2023 | Uncategorized

As a bookkeeper, my clients and friends often ask, “does the ATO check every transaction? Is there a rhyme or reason to why a business gets audited?” I often reply in my own cheeky way – why do birds suddenly appear? Bringing things down to earth, the ATO...
Which business receipts should I keep as part of my bookkeeping?

Which business receipts should I keep as part of my bookkeeping?

by Dollars + Sense | Dec 13, 2022 | Uncategorized

If you are in business, you may already be in the habit of keeping receipts. If you use Dext or something similar as part of your bookkeeping, receipts and invoices may already be integrated into your Xero. The conventional wisdom for keeping receipts is that if you...
Is it time to start using Xero tracking categories in your business?

Is it time to start using Xero tracking categories in your business?

by Dollars + Sense | Nov 15, 2022 | Uncategorized

If your business uses Xero Projects, you already know it’s a time saver and fantastic at keeping your accounts organised and in order. But you might find it helpful to take your record-keeping to the next level with Xero’s tracking categories. Will using Xero tracking...
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Recent Posts

  • Super savers: paying yourself, your employees, and your superannuation
  • New Year’s Reconciliations: Best practices for reconciling bank accounts in Xero
  • The dreaded ATO audit – your questions answered
  • Which business receipts should I keep as part of my bookkeeping?
  • Is it time to start using Xero tracking categories in your business?

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