Blog Archives

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 […]

19 Aug 21

Top 5 reasons to outsource payroll services

The idea of outsourcing certain business tasks is nothing new. Businesses have been outsourcing all kinds of services such as IT, bookkeeping, marketing and accounting for many years and for good reason. Payroll services are no different, so let’s take a look at the top 5 reasons you should consider an outsourced payroll provider. Reason […]

26 Jul 21

Five Xero Tips you need to know!

It’s easy to get into the habit of using a program the way you always have and miss out on some hidden features. Xero’s accounting software is no different. We don’t know what we don’t know, right? Well, we don’t want you to miss out on these handy time savers when you’re working your way […]

28 May 21

SMEs in a Post-Covid World: Challenges and Opportunities

If you had told us in 2019 that we’d be facing a pandemic in two years, we’d probably laugh. But, unfortunately, it happened, and Covid-19 is not going away anytime soon.

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