QuickBooks Online is not Reckon and Reckon is not QuickBooks Online.

Prior to 2014, in Australia, QuickBooks was a desktop accounting and bookkeeping program republished and distributed licensed by Reckon. Following the release of Intuit’s cloud bookkeeping software in Australia, Reckon’s QuickBooks desktop financial products were renamed Reckon Accounts Personal. Despite the change in name, there is still confusion between the two accounting programs. We’ve heard … Continue reading QuickBooks Online is not Reckon and Reckon is not QuickBooks Online.

Get paid quicker thanks to PayPal and QuickBooks Online

Not being paid on time? Constantly having to chase debtors? Then integrating QuickBooks Online with PayPal could be the solution you are after. How does it work? Accept Payments with PayPal is a new app, developed by Intuit in partnership with PayPal, which extends online payment capabilities to your QuickBooks Online account as well as … Continue reading Get paid quicker thanks to PayPal and QuickBooks Online

EOFY is coming! Handy SME tips to take the stress out of this year’s tax return.

Tax time is fast approaching, and despite all your best efforts and your promise to be organised this year, you realise that you’ve let it slip. It’s okay, we are human after all. The key to not only surviving but thriving through tax time is organistation. Organisation will take the stress out of the situation … Continue reading EOFY is coming! Handy SME tips to take the stress out of this year’s tax return.

What’s new in the world of QuickBooks Online?

Quickbooks Online is at the forefront of modern technology thanks to its innovative cloud bookkeeping software solutions. Did you know that Quickbooks Online can run on your desktop, tablet and mobile devices? Save time running your business and achieve that work/life balance you deserve Thanks to new updates to the Quickbooks Online app, you can … Continue reading What’s new in the world of QuickBooks Online?

Why you need a bookkeeper from day one

As a business owner, I appreciate that spending money on services can be a daunting predicament. Sure, in the short term, it may seem like a good idea to do your own books. But what by doing it yourself you are actually missing out on uncovering opportunities that will result in growth, greater profitability and … Continue reading Why you need a bookkeeper from day one

What is a Chart of Accounts (COA)?

The chart of accounts is a listing of all accounts used in the general ledger of a business. The chart is used by accounting software to collate information into an entity’s financial statements.Accounts are usually listed in order of their appearance in the financial statements, starting with the balance sheet and continuing with the income … Continue reading What is a Chart of Accounts (COA)?