Bookkeeping - The Butterfly Bookkeeper https://butterflybookkeeper.com.au BAS Agent. Bookkeeping. Business Advisors. Cloud Software Training. Mon, 05 Feb 2024 06:24:56 +0000 en-AU hourly 1 https://wordpress.org/?v=7.1 https://butterflybookkeeper.com.au/wp-content/uploads/2017/12/Untitled-1-50x50.png Bookkeeping - The Butterfly Bookkeeper https://butterflybookkeeper.com.au 32 32 TOOLS FOR THE JOB https://butterflybookkeeper.com.au/bookkeeping-tools-for-the-job/ Mon, 29 Mar 2021 10:22:53 +0000 https://tbbk.com.au/?p=4598 You’ve made a Profit, but where has all your cash gone? If you are like most business owners, you have the tools already, but you may just don’t know that you have them, or even how they work. Looking at your Cash Flow can prevent you from incurring penalty fees and can help you plan… Read More »TOOLS FOR THE JOB

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]]> You’ve made a Profit, but where has all your cash gone?

If you are like most business owners, you have the tools already, but you may just don’t know that you have them, or even how they work.

Looking at your Cash Flow can prevent you from incurring penalty fees and can help you plan ahead for the tighter times.  Have you ever wished you had a specific sales or product report?  Training is our specialty and we love to empower business owners in using the tools they already have.  

Training saves you money and increases your profitability.

Plus you have the option of online training, in the comfort of your home.  

We can also come to you.  We offer training all over the Campbelltown and Macarthur region.  Just allow two hours for training and an extra half an hour for a free Financial Health Check on your books. 

CLOUD SOFTWARE APPS - BUTTERFLY BOOKKEEPER
CLOUD SOFTWARE APPS – BUTTERFLY BOOKKEEPER
Schedule A Call With Christine

Something to be aware of… With cloud accounting software in general, many of the features are the same, so it’s in the integrations of your different apps that make all the difference.  There are many add-on software options like Tsheets and Deputy for staff time, plus there is ServiceM8 that can manage your jobs and forward your invoices straight to your bookkeeping software.

If you can save your self an hour of double entry from one system to the next, that’s 5 hours of billable time per week you have just found!  Plus if you have a finance team, that’s 5 hours of increased productivity you have just created!!

If you would like some training on your software, please make a time now and book a training session with Christina. 

For more details on go to our TRAINING page.

People Also Ask

What does Profit First mean?

Profit First is a financial management system developed by author Mike Michalowicz. It advocates a reverse approach to traditional accounting by prioritizing profit over expenses. In this system, profits are allocated first, and then operating expenses are covered with the remaining funds. This method enforces fiscal discipline and ensures that a portion of revenue is consistently set aside for profit, taxes, and owner’s compensation. By emphasizing profit from the outset, businesses aim to guarantee sustainable growth and financial health, encouraging a mindset shift toward financial prudence and long-term success.

What is Cloud based Accounting?

Cloud-based accounting refers to the practice of using online accounting software that operates on remote servers rather than on a local computer. With cloud-based accounting, financial data and applications are stored and accessed over the internet instead of being installed on a physical device. Users can access their accounting data securely from any location with an internet connection, facilitating collaboration among team members in different places. This approach provides real-time updates, automatic backups, and improved scalability compared to traditional accounting software. It also allows for seamless integration with other business applications and offers businesses the flexibility and mobility to manage their financial processes efficiently. Popular cloud-based accounting platforms include QuickBooks Online, Xero, and FreshBooks.

What is the best way to increase profitability?

To boost profitability, a multifaceted approach is essential. First, optimize operations by enhancing efficiency and embracing technology. Second, prioritize customer satisfaction through personalized marketing and stellar service to foster loyalty. Third, regularly review and adjust pricing strategies to align with market dynamics. Fourth, invest in employee training to improve overall performance. Lastly, explore new revenue streams and diversify product offerings. This holistic strategy ensures sustained profitability by addressing key aspects of the business and adapting to changing market conditions.

 

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]]> STOP PAYING DOUBLE GST https://butterflybookkeeper.com.au/stop-paying-double-gst-2/ https://butterflybookkeeper.com.au/stop-paying-double-gst-2/#respond Mon, 29 Mar 2021 08:54:28 +0000 https://tbbk.com.au/?p=4584 Is Your #Bookkeeper Reconciling Your Bank Statement? When I was reviewing the accounts for a new client, I discovered was that the bank reconciliations had not been done since the business started using this new bookkeeper in October last year. The draft bank reconciliations showed me what you see here – that sales have been entered… Read More »STOP PAYING DOUBLE GST

The post STOP PAYING DOUBLE GST first appeared on The Butterfly Bookkeeper.

]]> Is Your #Bookkeeper Reconciling Your Bank Statement?

When I was reviewing the accounts for a new client, I discovered was that the bank reconciliations had not been done since the business started using this new bookkeeper in October last year. The draft bank reconciliations showed me what you see here – that sales have been entered twice.

This means that this company has been paying GST on Sales they did not have!

Their Accountant would have picked it up when preparing the Company Tax Return (9 months later).

When changing financial staff it is important to check their competency.

We offer a FREE Financial Health Check. We will review your accounts and let you know any areas that need attention.

If your staff need software training (#Xero, #QBO and #MYOB) , we can customise a two hour training to suit your business needs.

The post STOP PAYING DOUBLE GST first appeared on The Butterfly Bookkeeper.

]]> https://butterflybookkeeper.com.au/stop-paying-double-gst-2/feed/ 0 #1 TIP TO MERGE CELLS IN EXCEL https://butterflybookkeeper.com.au/1-tip-to-merging-excel-cells/ https://butterflybookkeeper.com.au/1-tip-to-merging-excel-cells/#respond Wed, 20 Jan 2021 13:00:15 +0000 https://tbbk.com.au/?p=4348 Use this quick and easy tip for… Custom #PAYROLL REPORTS… Preparing BUDGETS…Adding another data source to your CUSTOMER DATABASE (CRM). CONCATENATE is by far my most used and absolutely one of my top 3 favourite formulas. It makes customising data so much easier. Simply, the Concatenate formula joins text and numbers, separated by a comma.… Read More »#1 TIP TO MERGE CELLS IN EXCEL

The post #1 TIP TO MERGE CELLS IN EXCEL first appeared on The Butterfly Bookkeeper.

]]> Use this quick and easy tip for… Custom #PAYROLL REPORTS… Preparing BUDGETS…Adding another data source to your CUSTOMER DATABASE (CRM).

CONCATENATE is by far my most used and absolutely one of my top 3 favourite formulas. It makes customising data so much easier.

Simply, the Concatenate formula joins text and numbers, separated by a comma.

The exciting part is that within the Concatenate formula, you can include other formulas like LEFT, UPPER, ROUND.

PLUS!!! You can ADD extra characters too.

You really can go crazy with this formula. Start using it today!!

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]]> https://butterflybookkeeper.com.au/1-tip-to-merging-excel-cells/feed/ 0 We are QBO Certified! https://butterflybookkeeper.com.au/we-are-qbo-certified/ https://butterflybookkeeper.com.au/we-are-qbo-certified/#respond Fri, 15 Dec 2017 13:15:39 +0000 http://tbbk.com.au/?p=3683 Just a quick share to let you know that I now offer Quickbooks Online  as a Certified ProAdvisor.  I started looking into this software for a construction business and I love all the job costing, billable expenses, the easy bank feeds and payroll that it offers.  If you would like to know more about Quickbooks,… Read More »We are QBO Certified!

The post We are QBO Certified! first appeared on The Butterfly Bookkeeper.

]]> Just a quick share to let you know that I now offer Quickbooks Online  as a Certified ProAdvisor.  I started looking into this software for a construction business and I love all the job costing, billable expenses, the easy bank feeds and payroll that it offers.  If you would like to know more about Quickbooks, just send me a message.  Talk soon, Christina.

The post We are QBO Certified! first appeared on The Butterfly Bookkeeper.

]]> https://butterflybookkeeper.com.au/we-are-qbo-certified/feed/ 0