If you need to enter a lump sum into a Xero PAYG summary, read on for instructions here … From time to time you will need to report a lump sum in a Xero payment summary. Most commonly this will be because you have processed a genuine redundancy for an ex employee. For more information […]
eCommerce … inventory, Fx, multiple channels, different payments … Xero HELP!!
Business has never been better and you have never felt more out of control … sound familiar? You own a business selling widgets online that has grown from your garage to a warehouse. Business is booming! Problem is … you have cobbled together a number of disparate e-commerce systems, and none of them talk to […]
Accountant or Bookkeeper – You Decide …
What a week! So many social media posts, blogs and articles about the relationship between bookkeepers and accountants. Which begs the question – what is the difference anyway? And that, in my mind, is part of the problem at the moment. Many bookkeepers are qualified accountants, and many accountants are providing bookkeeping services. This blurs […]
New BAS or Tax agent? Need to set up your Portal? Read on here …
Recently CloudCounting became a Registered Tax Agent with the Tax Practitioners Board. Hurrah! We received our notification from the TPN of the registration. Then … nothing. So, if you are lucky enough to have received your registration, we thought we would step you through how to get your Tax or BAS portal set up. We […]
Brisbane’s Coolest Xero Bookkeepers …
We get weekly enquiries here at CloudCounting from clients who would like us to help them with their bookkeeping. Our focus here at CloudCounting is to teach small business owners how to bookkeep in their own business, and to provide accountancy services, so when a client wants to outsource their bookkeeping and we do not […]
I’m starting a new business. Which is the best structure for me?
One of the most common questions we get here at CloudCounting is which structure is the best way to set up my new business? Of course this is a complex topic, but in summary we would ask you the following questions: Do you expect to have a number of clients, or just one client? Is […]
How to record Xero customer part payments | overpayments | double payments
One of the most common questions we get when providing Xero training is how to apply payments to customers that don’t match the exact amount owing. When the exact amount is owing it is so easy to match the payment, the bank feed on the left lights up a lovely green and all you have […]
100% Blue or Proudly Purple | #MYOBPC versus #XeroCon
Well, that’s another accounting software conference season done and dusted. We had such a great time attending both #XeroCon and #MYOBPC. The conferences were completely different, and therefore difficult to compare, but we certainly formed some observations and would like to share them with you here … (and by the way – there are no […]
Tax Table Update 2016 – What this means for #MYOB and #Xero Clients
We have been receiving many emails from our Xero and MYOB clients over the last few days about how your accounting software will cope with the new tax tables that were announced by the ATO in the last few days. These new tax rates will take effect on 1 October 2016. Its the first time […]
#XeroCon | Ready for a few accounting jokes?
When we think about a ‘traditional’ accountant, certain personality characteristics come to mind. There is no question that in the past, accountants have been characterized in certain ways. I think this has been reinforced by the way accountants in particular have reacted to the Xero phenomenon, versus the other participant groups attending #XeroCon – the […]
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