Choosing between cash and accruals accounting is one of the first practical decisions every service business faces — and it’s one that affects how you see your cash position, how you manage tax, and how you talk about performance. I help lots of...
Read more... →
I run into this situation a lot when I advise one-person shop owners: you’re brilliant at your product and customer service, but bookkeeping feels like a jumble of receipts, tills and end-of-day cash. If your retail shop is a sole trader or single...
Read more... →
I’m often asked how to reconcile bank feeds in Xero quickly without sacrificing accuracy. Over the years I’ve seen business owners spend hours in the reconciliation screen, getting frustrated by duplicates, bank fees and transfers that don’t...
Read more... →