Here’s a bright idea – why not enhance the functionality of your accounting software!
How you may ask? By adding an app.
So what is an app? An app is the abbreviation for the word “application” and is defined as “a self-contained program or piece of software designed to fulfil a particular purpose”.
So what is the purpose of an app when working in conjunction with your favourite accounting software?
It’s purpose is to provide enhanced and additional features that enhance your accounting software. This in turn can then provide greater insight into the business and it’s operations, as well as streamlining processes and savings in both time and costs.
Examples of where and when an “app” could be utilised.
Some of the examples I’ve given above are ones that I am already working with on a daily basis, but they are just a handful of the many options available to businesses today, with the list continuing to grow daily. The number of apps to choose from can seem daunting.
Do you have to have an “app” for everything – not necessarily so here are my tips for your next steps
These macros are a time saver in so many ways.
The article takes you through step by step how to set up these Macros in Excel.
I hope you enjoy it
Are you worried about losing your Cloud ? Why not just get insurance!
This article is a re-post of an article posted by Sholto Macpherson on Digital First.
The North American arm of financial services giant Zurich is the latest insurer to introduce a plan for companies that use cloud computing services. The property coverage for mid-market companies protected against business interruption or extra expense in the case of a cloud computing service failing.
Niche insurers have popped up targeting risks in cloud computing, including local providers in Australia. An alliance of cloud computing providers launched an insurance package to provide protection for cloud services providers in April last year, but insurers had dragged their heels on releasing plans for business customers.
Under Zurich’s plan, it accepted liability for a suspended or inoperable cloud service caused by fire, wind, vandalism, sprinkler leakage or other physical peril. Zurich gave the example of “superstorm Sandy” which shut down data centres in New York, forcing some popular media outlets to temporarily disable their websites, as a scenario which would be covered.
The insurance included risks to the provision of the cloud services as well as consequential lost business revenue.
“A growing number of companies serve their customers through cloud-based platforms,” said Jim Charron, technology practice leader for Zurich North America, in a press release. “It’s important to not only have insurance protection against cyber-attacks like hacking and data breaches, but also be safeguarded against income loss from a business interruption caused by property damage at the cloud facility.”
The First Quarterly Anti-Bullying results are in… and the results are encouraging.
Speaking on an Australian Payroll Asscoation newsletter, Athena Koelmeyer, Workplace Law specialist says the following
“The first Quarterly Report of the Fair Work Commission’s (the Commission’s) new anti-bullying jurisdiction has been released and provides some insight in the applications received by the Commission to date.
Although the jurisdiction only commenced on 1 January 2014, there has been a total 151 applications for a “stop bullying order” to the period ending 31 March 2014. Of these, only eight have been finalised by a decision of the Commission, with only one resulting in the Commission issuing orders, as previously reported by us in Issue 217 of Australian Payroll Association’s newsletter.
Encouragingly, a number of the applications were resolved or withdrawn early. The Commission’s case management process resulted in 23 applications being withdrawn. A further 16 applications were resolved during the course of proceedings.
The majority of the applications received during the period were from employees (133 applications). A total of 109 of these applications alleged that the employee’s manager was engaging in the unreasonable behaviour.
While the commencement of the new jurisdiction was expected to have a flood of applications, many applications have been finalised early through the Commission’s review process or are resolved before or during a Commission Conference or Hearing”
“It’s the light we want – not the light bulb” is just one of the examples given in this article which explores how new technology succeeds best when it’s invisible.
Siting examples such as Thomas Edison’s light bulb and the Lumière brothers cinema projection the gist of this article can just as easily be applied to Cloud Accounting Solutions.
It’s not the technological side of Cloud Accounting that has made businesses adopt and move into this sphere, but it’s the outcomes and results achieved from the move. The ability to access information anytime/anywhere, direct bank feeds into the software, increased productivity, more information at your fingertips and so much more.
Take a read and I’m sure you’ll agree with some of the points raised.
Let 2014 be the year where you made a difference and moved ahead.
These 7 tips to help you get ahead in 2014 are just as applicable to Business as they are to your Personal finances
For further information take a look at ASIC’s MoneySmart. This information service provides tips, calculators and useful information around managing your money more effectively.
So what do some of the largest world corporations have in common with SME’s. What do the Apple, Facebook, Virgin, Google and other large multinationals have in common with your SME?
Well once they were also SME’s
Read this interesting article (from Box Free IT online magazine) on the highlight of how small companies with a big vision and good leadership have become the global giants they are today.
This week I came across an interesting article in the ASIC’s MoneySmart newsletter in regards to Debt Agreements
Put simply – a debt agreement is a binding agreement between you and your creditors. It falls under Part IX of the Bankruptcy Act of 1966
This article highlights some important information on debt agreements such as:
It’s always a great idea to be well informed before entering into any agreement, so this information is just one source of information and acts only to make you aware of the arrangements. You should always seek independent accounting and legal advice before entering into any legally binding agreement. However if you want to know a little but more, then click on the Debt Agreements hyperlink here.
The right accounting software can be a valuable, time saving tool. However, choosing the right system for your business can be difficult. Did you know there are more than 60 different options available in Australia?
Our ongoing staff training gives us access to the very latest in accounting software solutions. Let Computer Training & Bookkeeping Solutions provide assistance in helping you choose the software solution best suited to your needs. A software solution, that will provide you with valuable, accurate and timely information utilising the latest technologies.
Whether you’ve outgrowing your current setup, merging a new business into your existing system or needing a software health check – Computer Training & Bookkeeping Solutions have the experts to advise you.
Cloud accounting is revolutionising the way businesses do business. And, it’s a really simple way to track your finances. Give your business the head start.
‘Working in the Cloud’, Live Accounting’, ‘Cloud Accounting’, ‘Cloud Computing’ are all terms you are starting to hear more and more. We are definitely seeing the momentum grow in the business world as everyone gets a better understanding of the benefits it holds.
Quite simply, cloud computing is the offering of applications and services over the internet, on demand, as if it were installed locally.
Xero is an easy to use but powerful online accounting system that’s designed specifically for small businesses.
Xero includes a full accrual accounting system with a cashbook, automated daily bank feeds, invoicing, debtors, creditors, GST/BAS and reporting.
Xero is an online accounting system that gives you access to your financial information anytime, anywhere. Xero updates your financial information in real-time.
The privacy and security of your data is taken care of and is stored on Xero’s secure servers, where it’s backed up regularly. This means even if your computer is lost or stolen your data is safe.
Xero automatically imports your bank statements daily so you can keep abreast of your cash flow. Xero has a full suite of accounting features such as invoicing, payables, expense claims, BAS, tax returns, reporting and much more.
The beauty of Xero is you can invite a number of trusted people such as us, your accountants, to collaborate online. No more cumbersome transfer of data that can be corrupted or is out-of-date.
Xero puts you in control of your business. Xero is an online accounting system that gives you and your advisors easy access to your bank transactions, invoices, reports and even your GST.
Banking and billing with ease
Xero lets you enter your invoices quickly and efficiently, whether you are creating and invoice for one or many items.
Manage your payables
Keeping on top of your payables has never been easier. Xero lets you track where your money is going and why.
Xero is web-based so you can work where you want, when you want.
Xero requires no installation, manual backups, maintenance or additional software. All updates and new features are available to you when you next login. Help is always at hand with free, unlimited email support, a comprehensive online help centre and an expansive library of videos from getting started tours to tips and tricks.
Secure and private
Xero stores all your accounting information on highly secure corporate grade servers that are automatically backed up.
Xero lets you collaborate with your trusted advisors online. You can
Computer Training & Bookkeeping Solutions has partnered with Xero, an online accounting software package designed for small business. Xero is a great way to get started in the cloud, with a simple, easy to use, versatile platform.
Check out what Xero looks like and the additional benefits by having a look at this video
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For further information or to arrange a full demonstration talk to Computer Training & Bookkeeping Solutions today!
Were you aware of the change to Modern Awards that took effect on 1st January 2014? One of the changes related to making changes to an employee’s roster So what does this mean for employers?
This changes means that you have to consult with employees when a change is made to their regular roster or ordinary working hours. It is unimportant if the changes are only temporary or permanent – if there is a regular roster or ordinary hours – then the consultation must take place.
Fair Work Australia details further information in their February newsletter