The Profit & Loss Statement Explained
Last week I reviewed the workings of a balance sheet and showed you how you can use it to make better decisions for your business.
Louise McLoughlin
5 November 2014
Our Blog
Welcome to our bookkeeping blog! We share bookkeeping tips, software updates and the latest news from the ATO. Sometimes we get a bit cheeky and let you know what we really think about this industry, but we try to behave ourselves most of the time! Enjoy the read and if you’re looking for anything in particular, hit the search button above.
Balance Sheets Explained
In our last 2 blogs, we explored the chart of accounts. We looked at the accounts within the chart in detail and explained that each
Louise McLoughlin
29 October 2014
Chart of Accounts Explained Part 2
This is part 2 of a two-part blog which will give you an in-depth explanation about the working parts of a chart of accounts. Revisiting,
Louise McLoughlin
21 October 2014
Chart of Accounts Explained Part 1
The chart of accounts is simply a list of all of the account types you might use when recording your business income and expenditure activities.
Louise McLoughlin
15 October 2014
Chart of accounts FREE download!
The foundation of any good accounting system is the chart or list of accounts. A good accounts list will enable you to accurately account for
Louise McLoughlin
8 October 2014
BAS Labels Explained Part 3
This is the final part in a three-part blog series about Business Activity Statement (BAS) labels and what they all mean. You can read part
Louise McLoughlin
24 September 2014
BAS Labels Explained Part 2
Welcome to part 2 of my 3-part blog about Business Activity Statement (BAS) labels. In part 1, I covered the “G” labels which are all
Louise McLoughlin
17 September 2014
BAS Labels Explained Part 1
The Business Activity Statement (BAS) has been around now for 14 years. You would think that would be enough time for us all to get
Louise McLoughlin
10 September 2014
How to choose the right accounting software in 5 easy steps
So you’re at a point in your business journey where you think you might need accounting software. That’s great but how do you choose the
Louise McLoughlin
3 September 2014