Blog Archives

22 Feb 22

The Most Common Accounting Terms that You Need to Know

Every field of study or industry has its own language, its own terms and words that are only known to the people of the inner – circle making those terms estranged to the outsiders. But now we are going to let you into the secret circle of Accounts by explaining some of the most commonly […]

18 Jan 22

Ultimate guide to getting your finances in order

It goes without saying that money and finances are important aspects of one’s life that must be managed properly. If, on the other hand, you are stuck on how to go about it, here is a straightforward, four-step guide to getting your finances in order. 01.Build an emergency fund in the first place. The first […]

09 Dec 21

Top Ten Payroll Software Providers for the NZ Market

Using payroll software to automate all or most aspects of payroll processes is highly beneficial whether your company is small, medium, or large. They help in managing employee payments by making it simple to direct your finances, manage payroll taxes, and keep track of your records to remain compliant. If you’ve ever done payroll manually, […]

24 Nov 21

Everything You Need to Know About Bookkeeping

Bookkeeping is one of the most crucial aspects of running a successful business and managing your finances. It will help you budget accurately, prepare for taxes, comply with government regulations, and much more. Simply put, bookkeeping is the daily recording of all financial transactions and information related to your business—amounts, dates, revenue sources, expenses, gains, […]

05 Nov 21

All About Payroll Audit

As an employer, you’re responsible to process employee’s payroll in compliance with the Holidays Act 2003. Most of the time, businesses’ non-compliance relates to incorrect calculations of the minimum employee leave entitlements. This article explains what a payroll audit is and how one is carried out. Payments and calculations for leave and entitlements must be […]

25 Oct 21

8 Common Reasons your Business needs a Bookkeeper NZ

What areas of your business do you add the most value to? Often, your time is wasted in certain areas of your business. But it’s difficult right? You need to wear so many different hats – marketing, customer services, HR, business processes just to name a few. Just like delegating work to your employees who […]

30 Sep 21

How to Create a Payroll System

It’s all positive news for you if you’re a new business or an existing business wanting to create a payroll system in New Zealand. Cloud-based software has been a game-changer in the accounting, bookkeeping and payroll sectors, making calculating payroll and payday filing much less of a headache. There are also some great options if […]

Accounting And Bookkeeping Solutions Ltd

22 Sep 21

How payroll software works for your small business

I remember using a printed IRD weekly/fortnightly PAYE booklet to calculate employees wages. I thought these were fantastic, no need to use formulas, calculators or spreadsheets to calculate PAYE. You simply needed to know your staff’s gross earnings based on their timesheet. You could then quickly use the guide to determine PAYE and net pay […]

15 Sep 21

Top 6 Business Functions You Should Be Outsourcing

Nearly 70% of businesses now turn to Business Process Outsourcing for one or multiple of their business functions. Sometimes these processes are outsourced to local New Zealand businesses. However more and more New Zealand businesses are now opting to look beyond our boarding to find more efficient solutions. There are many businesses leveraging lower costs […]

06 Sep 21

Ways to work on your business during lockdown

1. Review your website What better time to check in and review your site from your client’s perspective. ● If you’re looking for something, is it easy to find? ● Is your most important information clear and forefront? ● Is it easy to navigate and user friendly? ● Are mobile and desktop versions both functioning […]

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