Leasing vs. Financing

When a person is looking to obtain a new vehicle, they have the choice of purchasing it, usually via financing or to lease it for a certain term.  Businesses often weigh the options between financing and leasing not only for vehicles but for equipment as well.  Financing and leasing each have advantages and disadvantages that [...]

By |December 6th, 2020|Finance|389 Comments

How to Make Third-Party Bookkeeping Affordable On Your Budget

Running a business can be hard no matter who you are. Furthermore, things can be worsened by a lack of organization and a poor understanding of good business practices, both of which can lead to messy bookkeeping. Luckily, improvement in the first two areas can help you take better control of your business’ finances and [...]

By |April 19th, 2020|Bookkeeping, Finance|192 Comments

The importance of PAYG Payment Summaries (From a Business Point of View)

Running a business can mean a lot of paperwork; especially since “paperwork” may not always mean physical files. Being overwhelmed with documents and reports may make you yearn for one less reason to create something else, but your PAYG payment summaries should never be the one you neglect. This is so even if you are [...]

By |February 23rd, 2020|Bookkeeping, Finance|141 Comments

Where is My Money?

You could consider yourself carelessly managing the cash flows in your business if you always lose track of your money or if you already asked yourself, “Where is my money?” In a growing company, cash is the most essential part especially in the financial management of an entity. The lapse between the period you have [...]

By |August 26th, 2019|Bookkeeping, Finance|4,292 Comments