Many startups will use an area in the family home for business purposes.  You do not need to set aside a specific area for business, but if you do you can claim that proportion of home expenses as a business deduction.

Ever wondered why you sign those pages at the back of your financial statements and what purpose they serve?  A quick look at company minutes, specifically the ones attached to your annual financial statements: the shareholders' and directors resolutions, and directors' certificate.

Book some time in the diary over the next few weeks to catch up on your finances, from organising your books right through to forecasting what's coming up.

The Single Ledger is a Superhero and Adjusting Journals are Evil - we’re starting to see more accounts come through where the former accountant has adjusted the online accounting system with an adjusting journal, or not at all. 

With the end of the Kiwisaver year approaching, its worthwhile checking to see whether you've made contributions to earn the highest possible tax credit.

It’s now a good time to sit down and review your first half performance, find out what worked, and what didn’t and plan for the next half of the year.

With a few options for collecting accounting stuff, we make the case for using Evernote and show you how to get started.

The things we liked about the proposed tax changes announced last week, and a few things we’ve noticed.

What you need to know before completing the Research & Development (R&D) tax credit Activity Statement.

Getting setup in Xero is one thing, but using it as a tool to make sure your business runs better is another.  When there are so many functions, what is essential to learn how to do?