TIP: Using Xero and have an iPhone?

Hamish Mexted Time Saving & Processes, Xero & Addons

If you’re using Xero and have an iPhone here’s a tip – you can now setup notifications to be alerted whenever you have new transactions to reconcile in your Xero account. This will save you constantly logging into Xero to see if the transactions for the day are there or not. It’ll also stop you forgetting to reconcile your transactions, …

Budget 2015 – Tax Law Changes

Riann Umaga-Marshall Accounting & Compliance, Reducing Tax

Last month, tweaks to the rules on taxing gains on property sales were announced. As the law currently stands, if you buy a property with the ‘intent’ of selling it and making a gain, you’re required to pay tax on that gain. This hasn’t changed. In short, what the Government is doing will make the ‘intent’ rule apply in more …

Business Performance – Getting a Grip on your Numbers

Hamish Mexted Accounting & Compliance, Increasing Profit, Xero & Addons

iif Chartered Accountants attended Xerocon in Auckland last month. We were excited to hear about the new Business Performance Dashboard (we’re accountants…of course we were excited about something involving numbers). Now it’s finally arrived – here’s how it can help you. The new Dashboard analyses the data in your Xero account, turning it into simple metrics and graphs. These keep …

Post-it notes: Surprisingly Persuasive

Hamish Mexted Odds & Ends, Time Saving & Processes

Convincing someone to do a simple task can be tricky at times. Research shows the best way to get them to do what you’ve asked them to do is to use the humble Post-it note. Experiments carried out by the Sam Houston State University discovered impressive results when it came to getting things done. The first experiment looked at long …