Our Blog

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 doesn’t...

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...

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...

Pricing your services can be a tricky business, especially when you’re starting out. But at Dollars + Sense, one trap we see freelancers falling into repeatedly is pricing themselves too low. How low is too low? Let’s take a client of ours as an example: Joe was a...

If you’re just starting out in business, you might be tempted to skip the accounting software and just use an Excel spreadsheet to keep track of your accounts. Maybe you’ve only got two or three clients and not many overheads so it’s all pretty straightforward, but...

At Dollars and Sense, we help small businesses with their bookkeeping services every day. That’s what you’d expect, right? But sometimes there are intangibles that add value to your business that you might not expect – factors that help you in ways you didn’t even...

One of the most important things for us at Dollars + Sense is keeping our clients’ bookkeeping services as simple and streamlined as possible. This helps keep your costs down, and it’s far easier to have a clear view of your finances.

When you’re first getting set up in your business, and running things yourself to keep costs down, it absolutely makes sense to keep things as simple as possible. And if you’ve been keeping your records in an Excel spreadsheet, you’re not alone. And the fact that...

When you’re a sole trader or small business owner, you often have to wear a lot of hats, so anything that can help you to streamline your bookkeeping has to be a good thing. So we’ve pulled together some of our favourite ways to simplify your small business...

Keeping track of how much you’re making and how much you’re spending can seem like a tedious waste of time when you’d rather be out there making money, we know! But at Dollars + Sense we think it’s almost impossible to overstate the importance of record-keeping to...