Bookkeeping

An In-Depth Look at Hubdoc in 2023: The Pros and Cons of the Popular Financial Tool

An In-Depth Look at HubDoc in 2023: The Pros and Cons of the Popular Financial Tool 

what is hubdoc? HubDoc is a cloud-based platform and the ultimate time-saver, simplifying the often-cumbersome task of document collection and organisation. Think of it as your virtual personal assistant. The perks are endless: automatic fetching of financial documents, intelligent categorisation, and secure storage. Not to mention, it integrates easily with accounting software programs like Xero …

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5 Common Bookkeeping Mistakes Made By Small Businesses

5 Common Bookkeeping Mistakes Made By Small Businesses

Business expansion requires a lot of resources. One such resource is bookkeeping, and many businesses neglect it.  Many business owners believe that accounting is a simple process and don’t spend the time necessary to learn it. However, inadequate accounting and common bookkeeping mistakes and practices can lead to insolvency. Poor accounting puts the financial health of any organisation at risk.  Here …

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Know the Role of Accountant and Bookkeeper in Your Business

Most business owners confuse accountant and bookkeepers, but while the two are related, they have different functions and responsibilities. Their differences are really not that evident. Rather, they’re subtle yet essential, especially when it comes to working in a company.   In this article, we will discuss their differences and roles. You need to know this …

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Better Business Management: How to Get More from Your Accountant

Investing in the right resources is crucial for better business management. The seamless integration of different departments is what allows a business to function efficiently and effectively. One resource that can greatly impact the financial well-being of your business is an accountant. They can handle tax planning and other accounting tasks, contributing to better business …

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3 Bookkeeping Tips to Consider for First-Time Property Investors

With Australia’s property market becoming even more active, investors looking to cash in on opportunities to make more money through listings won’t ever be in a better position than where they are today.  From homes to and townhouses to complexes and shoreline estates, the options that forward-thinking Australians can capitalise on is one that continues …

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4 Terrible Bookkeeping Practices that Could Cost You and Your Company

Terrible bookkeeping is a common problem that can have devastating consequences for businesses of all sizes. Becoming a business owner gives you the freedom to make all the decisions, but it also shackles you with all the responsibility. Part of that responsibility involves establishing a robust bookkeeping system that is accurate, up-to-date, and in compliance …

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