Stripe; how to get paid painlessly
So you are probably well aware by now that I am a BIG fan of automation, or what I like to call automagical (you’re welcome). Why spend your valuable time on something when fantastic software or outsourcing systems can do the dreary stuff for you?! This is why I have fallen in love with Stripe. A pain point for a lot of business owners is payments. It’s starts with a fabulous invoice and great intentions. Clients open it (awesome, here comes the pay packet) and then, inevitably one thing rolls into another, distractions happen, meetings are scheduled…before we know it, our invoice is at the bottom of a very long list of priorities.
Continue ReadingThe world of Xero; navigating through it
My journey with Xero started 4 years ago. I still remember my first ever Xero client, a builder who had set up this new online accounting software and needed help with his bookkeeping. Being new in business myself, I was a ‘“yes” person (as we all are when we first start out). I thought to myself “it’s fine Kath, you got this, how hard can it be?”.
Continue ReadingSaving for GST, PAYG and Super
Who has a personal savings account for holidays and unexpected bills? Why should you treat your business any different! Many NT small business’s find themselves in a panic at the end of every month or quarter trying to scrap together enough cash to cover the GST and PAYG liabilities when they fall due. With some commitment and discipline to following this best practice you will be able to chill out and pay you ATO bills when they fall due.
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