Category Archives: Goals and Planning

Discover two simple yet powerful processes in Xero that can revolutionize your workflow, saving you time and boosting productivity. Learn about Xero’s Email-to-Bills feature and eInvoicing to streamline tasks effortlessly.

Prepare for the end of the financial year with our comprehensive checklist. From cash on hand to fixed assets and employee wages, ensure you optimize your tax position and tidy your accounts for a smooth transition.

Get ready for the upcoming minimum wage hike on April 1, 2024, with crucial tips to ensure compliance and manage rising costs. Discover how to inform your team, update payroll systems, adjust agreements, and navigate potential impacts on your budget.

Learn all about job costing, from its definition to practical tips for accurate calculations. Discover the difference between job costing and process costing, explore step-by-step calculations, and master best practices for efficient job cost management.

Discover the benefits of utilizing Xero, a leading cloud accounting software, for your small business. Streamline your financial management, eliminate manual tasks, and gain real-time insights from anywhere, anytime.

Discover how reviewing your business’s performance from the previous year can set the stage for a prosperous 2024. Gain insights, ask key questions, and align your goals with financial strategies for optimal growth.

Managing a hotel or motel is a round-the-clock endeavor, filled with challenges ranging from staffing issues to fierce competition. Amidst the hustle, financial management often takes a back seat. But here at Outside Accounting, we understand the intricacies of the hospitality industry, and we’re here to lighten your load.

With a new government in place, it’s natural to wonder about potential changes, especially when it comes to taxes. Given the coalition nature of the government, it’s essential to grasp how these tax policies might unfold and impact various sectors, including sole traders.

Running a hotel or motel doesn’t mean you have to navigate everything alone. What truly counts is having a dedicated team of financial experts to elevate your establishment to the pinnacle of the hospitality industry.

In New Zealand, most companies are set up with the primary goal of conducting business and generating income. During the establishment phase, attention is typically focused on aspects like the company’s structure, ownership of shares, and director appointments.