We often encounter people who mix up their personal expenses with their small business accounts. This increases the time it takes to complete the accounting, which in turn increases the accounting cost. The best way to keep these expenses separate is to use different bank accounts or credit cards, and also know what expenses you […]
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SMALL BUSINESS ACCOUNTING – Home Office Costs
A lot of people do their small business accounts & book work at home, in a set area i.e. a small office or separate room. Costs associated with this area can be claimed as ‘Home Office Costs’. Costs can include a percentage of: Home Phone & Internet Property Rates & Water Rates Property Insurance Electricity […]
SMALL BUSINESS ACCOUNTS – Year End
For most small business their financial accounting year end is 31st March. Many then take considerable time before supplying the necessary information to their accounting services provider. Don’t leave it too long as things get lost or forgotten. Some of the key things to supply are: Sales and purchases invoices bank statements showing 31 March […]
Changes To Property & IRD Number Rules For Small Businesses
Property sales are booming in Tauranga – if you’re thinking of selling a property, you may need to read these new IRD rules…
Financial End Of Year Accounting Getting Close?
As March 31st rears its ugly head (gee, it was only Christmas a minute ago!), most small businesses need to start looking at their year end accounting. Here is a handy checklist to help you get started with sorting those accounts…
Small Business Basics
Just launching your small business or been going for a wee while but the paperwork and accounting is starting to bog you down? Or maybe just unsure of what you need to comply with? Here are some of the basic accounting requirements…
Employment Documentation
Many small businesses are deficient or lax with their employment documentation. Find out here what you need to start getting sorted…
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