Do you regularly check and understand the following reports on your business to see how it has and how it is likely to perform??

1. Profit and Loss - This is the most likely report that you will have checked as a business owner, as it shows the performance of the busin...

Many a business owner has run a profit and loss report with a nice net profit and wondered “why is there no money in the bank”?

Well, my friends, that business owner has failed to also run a balance sheet report.

The profit and loss simply shows how much income and expen...

 It's the start of the new financial year.  Now would be a great time to review the year that was and make a plan for a year that will be.

And, did you know, us bookkeepers can help you with that.  Yes!!  We don't just enter numbers into the computer.  We can prepa...

Here are some tips for important checks to make sure that your books are up to date and the information contained in them is correct for the end of the financial year and ready to send to your Tax Agent to prepare the annual tax return.

Reconcile Bank Accounts

It is impo...

Here are my top tips on how to save time on your bookkeeping:

Provide ALL receipts and invoices to your bookkeeper.  This will not only save the bookkeeper time as they will not have to chase you for missing paperwork, but will also save your accountant time both when p...

If you have put off hiring a bookkeeper because you see it as a wasted expense, think again.

Hiring Love Bookkeeping should be seen as an investment.  Why so? I hear you ask….

We Love What We Do

Can you say the same about bookkeeping?  Did you get into business so that yo...

As with the start of a new calendar year, the new financial year is a great time for making resolutions and setting goals for your business.  These resolutions and goals can be a useful tool in creating focus and assisting in moving your business forward.

In order to...

What is outsourcing?  The dictionary definition is:

outsource

1. verb (used with object), outsourced, outsourcing.

(of a company or organization) to purchase (goods) or subcontract (services) from an outside supplier or source.

2. to contract out (jobs, service

s, etc.): EG...