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Our best bookkeeping tips and free advice to help increase the success of your business.
4 easy ways to streamline your small business bookkeeping
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...

Why your profit and loss statement can be your best friend
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...

The profitable freelancer’s guide to setting prices
Setting prices can bring up a lot of feelings for some people around their worth and their fear of asking for too much, and a common trap we see at Dollars + Sense is that freelancers price themselves too low and risk running at a loss or never getting ahead. Of...

Avoid this costly mistake when you register your business
Setting up a new business is an exciting time, but it can also be overwhelming, especially when you have a lot of competing priorities. It’s not necessarily complicated, but it’s a step that’s important to get right because having the wrong structure could cost you...

The easiest way to deal with the ATO
Dealing with the Australian Tax Office (ATO) can seem daunting.
Navigating their website and portals when you’re not trained in bookkeeping or the processes that go along with it is yet another task to add to your list of things to do while running a growing business. And making mistakes when dealing with the tax office can prove costly if you’re not careful.

5 Things Most Startups Get Wrong With GST
In the bookkeeping services industry, we work alongside some of the most successful and ambitious startups in the game. Yet, for all of their triumphs, there’s one thing we know will have even the most fearless CEO running for the hills at the mere mention: BAS...

Get the most bang for your buck from your bookkeeper
A question that is replayed over and over again in initial discussions with clients, and also in ongoing work and meetings is, how do I get the most bang for my buck with you, my bookkeeper? And let us be honest, this is an important question for all small businesses...

6 Reasons To Look At Your Financial Reports
Making time to look over your financial reports each month is an important task for any business owner. If you are not taking the time to do this, either because you’re too busy, or perhaps you don’t really understand what you’re looking at and it doesn’t make sense...

Five steps to better cash flow
Need a hand managing cash flow? You’re not alone. The key is getting your invoicing right, by invoicing customers as soon as possible and using tools like Xero’s invoice reminders to move payments along. That said, there are a few other simple rules you can...

Get in control of your cash flow
Does your business need to improve its cash position? Poor cashflow is a problem for many businesses, whether you’re a start-up or an established family business. Talk to us about how you can get proactive with cashflow management. It’s a well-worn phrase, but...
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Need bookkeeping help or advice? Just pick up the phone. We’re on call whether you’re looking for a quick fuss-free clean up, XERO accounting software set-up and training, a general helping hand, or full-stack bookkeeping and business consulting. Save time, save money, lose the overwhelm and get back to growing your business…that makes sense.
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