by Fuel Accountants | Mar 30, 2017 | Bookkeeping, Business
Wonderful – welcome to the excitement of owning your own business. If you’re still in the early stages of starting your business here are some things you might want to do early: Incorporate a Company There are several advantages of trading as a... by Fuel Accountants | Jan 28, 2016 | Bookkeeping, Xero
You need to retain sufficient documentation to substantiate your claim to an expense deduction and GST Input Tax Credit. The requirements are slightly stricter for something that includes GST (Note: GST refers equally to GST, HST and QST – we’ve...
by Fuel Accountants | Jul 29, 2015 | Bookkeeping
One of the allures of cloud accounting is that it makes keeping your accounting records more accessible. Entering payables, managing receivables and reconciling your bank account are now effortless. It does make you wonder whether you even need an...
by Fuel Accountants | May 25, 2015 | Bookkeeping
Running a social media strategy as well as being a business owner will only lead to stress and sleepless nights. But everyone is on social media, right? Even the Pope. You need to strike the balance between informative and annoying. Studies show the optimal postings...
by Fuel Accountants | Feb 19, 2015 | Accounting, Bookkeeping, Xero
This article is re-posted from the xero.com blog. I’m not a huge fan of the Super Bowl, but I love seeing the ads. They’re always the highlight of the whole event for a lot of people. This year there was a great ad by BMW that showed a clip of two TODAY show...
by Fuel Accountants | Feb 19, 2015 | Bookkeeping, Xero
It is easy to create a statement for your customers/debtors in Xero, but at present there is no easy way to create a statement to reconcile your suppliers/creditors. Here is a quick way to simulate a supplier/creditor activity report: 1. From the Account Transactions...