How much does it cost to hire an accountant for a small business?

Even in your average small business (1-3 employees, less than $500k turnover) there will be a broad range of options for accounting and finance including getting specialise setup, tax structuring advice, finance systems and processes together with the everyday bookkeeping and accounting functions.

Is an accountant needed for a small business?

An accountant can offer comprehensive startup and ongoing small business advice, while making sure tax compliance is prepared and filed with the relevant authorities on time.

What is the role of an accountant in a small business?

Being a business owner can be a tough job, and it’s good to have a trusted advisor to lean on in times of complexity or uncertainty. An accountant will be able to help you navigate your business through these times, and help keep compliant with relevant tax authorities.

Xero is an integrated accounting platform that can complete all small business invoicing, receipts, bank transactions and reporting for the IRD. Being cloud based means your advisers can have access to your information in real time.

Is Xero Accounting any good?

Xero is a great tool for small businesses as it gives you real time access to the financial data of your business - information we couldn’t imagine being in business without.

Simon Manawaiti 21/10/2016 Simon Manawaiti 21/10/2016

Using Your Home For Business

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.

Simon Manawaiti 02/09/2016 Simon Manawaiti 02/09/2016

What are Company Minutes?

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.

Simon Manawaiti 18/08/2016 Simon Manawaiti 18/08/2016

Accounting Catchup Month

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.

Simon Manawaiti 01/07/2016 Simon Manawaiti 01/07/2016

Why don’t my Annual Accounts match Xero?

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.