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Everything You Wanted to Know About Bookkeeping

According to Wikipedia, bookkeeping is “the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation. “Simply put,...

COVID-19 and your Business (Canada)

COVID-19 and your Business (Canada)

COVID-19 is hitting business owners really hard.  In this video Fuel Accountant's founder, Peter McCarroll, discusses what you need to be thinking about and doing right now and what government assistance is available to you and your staff in Canada.  Video is based on...

COVID-19 and your Business (New Zealand)

COVID-19 and your Business (New Zealand)

COVID-19 is hitting business owners really hard.  In this video Fuel Accountant's founder, Peter McCarroll, discusses what you need to be thinking about and doing right now and what government assistance is available to you and your staff in New Zealand.  Based on...

Why Your Business Needs Accounting Software

Gone are the days when accountants used to spend a month at the end of the year going through the piles of ledgers. Today even the smallest organization owns some form of accounting software to simplify and organize their bookkeeping. However, if you still rely on the...

Best Practices for using Xero

We have lots of clients who do their own bookkeeping in Xero.  Here are our Best Practices for managing your own bookkeeping: Keep your personal transactions out of the business bank account.  If you need to spend on something personal transfer funds to your personal...

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