6 reasons why Xero SMASHES Quickbooks!

6 reasons why Xero SMASHES Quickbooks!

1.  Integrations Xero is more flexible with over 500 integrations. Quickbooks is more restricted with around 250 applications. 2. Features Xero has unlimited features like invoicing, budgeting and inventory, making it a more robust and realistic solution for many users. Quickbooks has these, but they are all limited to premium plans. 3. Users and Permissions Xero is the cloud accounting leader in providing the strongest user permissions. They offer unlimited users for all its pri

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Stay at home dad – say what?

Stay at home dad – say what?

By Melinda Hann In this new age world of equality, one would not be surprised to be a stay-at-home Dad? Or would they? We were a bit surprised when that became our family decision back in 2013. I took 14 months leave with my first-born and was looking forward to the same “time off” with No.2!  Not ever did I imagine I would return to work and leave my 4-month-old baby boy, but that is what I did! It made sense for our family, but there were a few obstacles to overcome. Whenever

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Over 65 and selling your family home?

Over 65 and selling your family home?

You might just have one last opportunity to get money into super!   From 1 July 2018, if you are over 65 and sell your principal place of residence, you may be eligible to contribute up to a maximum of $300,000 to your super fund. The contribution doesn’t count as a non-concessional contribution, and can even be made by those with more than $1.6m in superannuation.  There is also no maximum age limit on when the contribution can be made. The maximum amount you can contribute is

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Is “super” really a good investment?

Is “super” really a good investment?

By Greg Luscombe (CA + CPA) This is the question I am most often asked as a financial adviser. It’s an important question, given that most people have a significant amount in superannuation these days. Unfortunately, the answer isn’t just a simple yes or no! My first response is to point out that superannuation refers to an investment ownership structure, and is not in itself a particular investment. The superannuation structure has special tax rules which provides significant tax s

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Top Tips for Email Security

Top Tips for Email Security

  Is email really that safe?   As you may be aware, there are many malicious acts, such as identity theft, viruses, and scams that are perpetrated through email. Currently, over 280 billion emails are sent every day, which is a significant market for people to try hacking, stealing and selling your personal information or simply to harm others. Contrary to popular belief, emails are not private! They pass through numerous channels before they are delivered to the inte

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Do you lose sleep over your Accounts Receivable?

Do you lose sleep over your Accounts Receivable?

By Lara Bacon What is one of the most important aspects of small business? Of course, it’s customers! Without them, businesses don’t have income. That’s why it’s imperative you look after your customers and at the same time, keep an eye on your account balance.  Many small businesses struggle with managing cash flow.  It’s hard to know what to look for or where to even start. Accounts receivable or Trade Debtors (customers who owe money) is one area that every small business needs

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