Working from home has many benefits: no commute, a fridge full of food nearby, and the chance to hang with your pets all day! Besides those perks, there are financial benefits, too. If you have a home office, you can claim a number of expenses at tax time....
NEWS FROM ADMIN ARMY
5 Common Bookkeeping Errors To Avoid
Bookkeeping is one of the essential tasks you need to get right for your business. But that doesn’t mean it’s easy. If you try to rush through your bookkeeping or play it by ear, you are putting your business at risk. The figures and reports generated by...
Why Your Accountant Shouldn’t Do Your Small Business Bookkeeping
Delegating the day to day management of your finances is a smart move, but if you decide to do so, you need to be strategic about who you delegate to! After all, it makes no sense to ask a gourmet chef to mow your lawn! The same goes for your accountant. While...
Monthly Financial Reviews You Should Do In Your Business
If you are not a numbers person or are short on time, you may find it a total drag to keep up to date with your finances. That’s why outsourcing is a lifesaver for many business owners. Having someone else take care of the time-consuming day to day stuff means you can...
The Benefits of Outsourcing Bookkeeping and Admin
There are a good number of tasks we outsource from our personal lives on a regular basis. You’d be hard-pressed to find someone who routinely cuts their own hair, or does their own legal work. Even hairdressers will put down their tools and allow another hairdresser...
Keeping On Top Of Your IRD Obligations
When it comes to business admin, some tasks are definitely more fun than others. Receipting money and working with clients you love are definitely tasks that top the list of good jobs. However, one task that commonly draws groans and is accompanied by a hefty helping...
How To Know When To Register For GST
The Goods and Services Tax – known to kiwis as GST – has been in action in New Zealand since 1986. As a consumer, we are used to paying it as part of the purchase price for just about everything. But as a business owner, it’s important to give it a little more...
Do I Need To Meet My Bookkeeper In Person?
Your bookkeeper is one of the most important people in your business. They keep track of your cash flow, help your staff get paid, make sure your invoices and bills are sorted, and keep tabs on all your financial data on a day to...
How Work Sprints Can Boost Your Productivity
Do you struggle to focus, have a never-ending to-do list, and go home feeling like you somehow wasted half your day? You're not alone! It's a common complaint in today's fast-paced world. But don’t fret; the solution to your productivity woes is simple yet effective....
6 Questions To Ask Before Starting With Your New Bookkeeper
Congratulations! You’ve made the decision to outsource your bookkeeping. But how do you know your new bookkeeper has the skills you need to provide you with the best support possible? With no industry requirements, anyone can call themselves a bookkeeper. Even someone...
How Much Should I Pay Myself?
How much should I pay myself? It is a question that many business owners ask themselves. And deciding what that number should be is rather tricky. Unfortunately, there's no set formula for working out the exact number. It depends on an interlinking range of factors –...
Is It Possible To Take My Business Finances Paperless?
Never in history has it been easier to operate a business without paper. The world is digital, which means life – and running a business – is easier, faster, more efficient, and most importantly, better for the planet. So, that means you don’t have to keep dusty old...