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Reduce your Cash Flow pain by getting Invoices paid quickly

Think of the amount of time you spend on collecting your invoices. What a waste of productive time! You have provided your client with work  timeously  so why should you wait for payment beyond your agreed terms? Below are some tips that will help you collect your invoices quickly. Agree on the value of the invoice and the payment terms with your customer before you commence the work. This will…

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Which way does your Cash Flow?

  Cash flow is the movement of money IN and OUT of your business just like the oxygen you breath. It is critical to the health and survival of your business that your Cash  IN exceeds your Cash OUT. Unfortunately for most businesses this is not the case as evidenced by the report issued by the Australian Securities Commission in 2015. It reported that the most common cause of business…

Why do You need a Business Accountant

Accountants are useful for different things at different levels of business growth. They are capable of handling a lot more than critical tax returns and payroll computation. If you want to build a perfect business, you will require the assistance of a skilled accountant. It is quite interesting to note that finances can become complicated in no time. As your business grows from a few clients to hundreds of clients,…

Four Essential Duties of a Perth based Financial Controller

A Perth financial controller is the head accountant in large organisations. Depending on the size of the organisation, the financial controller will either be employed directly for the organisation or outsourced to an accountant firm such as ourselves. The outsourcing option will dramatically reduce your costs.  The role can vary from being a financial visionary to working hands on in management. Accounting: Perth financial controllers need to have the skills…

Take the Fear out of your Bookkeeping and Tax obligations

When people ask us how we are able to provide high-value accounting services at a reasonable cost, the number one reason we offer is that we leverage the power of Xero. The data that Xero provides in real-time, via the cloud, saves time. Clients who partner with us in using Xero are then able to reinvest this time into providing high-impact services to their own clients, growing their cash flow…

Travel with zero weight and still have full access to Xero

Hello again from Accolade Accounting, the small business accounting experts in Perth and also the experts in Xero. We wish you a very profitable 2016 and may all your financial targets and expectations meet with success. Let’s start 2016 by looking at another fantastic feature of Xero that provides additional efficiency to the accounting world and small business. These days, travel is an everyday occurrence. It is very easy to…