We live in a truly exciting age! With so much information at our fingertips, we're almost instant professionals. If you don't know something google it, or go to YouTube. With that much information available to us it makes sense to Do it Yourself right?
Your Profit and Loss is more than just numbers on a page, and if you were to really examine it you will find it provides some really valuable insights into your business. It's often surprising how much you can tell about a business from it's numbers.
They both work with financial data; they’re both essential for managing a successful business. Yet the roles and duties of a bookkeeper and accountant rarely overlap.
Running a business is not easy. If it was then everybody would do it. There is a reason why over 50% of businesses fail within the first 5 years. If you don’t want to be one of those businesses, then avoid these common small business mistakes.
Rex Hutton travels multiple times a year for work, and knows he wouldn't be able to run his business without Xero accounting software.
Hear from a painter, plumber and a tradie service on why they chose Xero as their preferred online accounting software.