A new financial year presents a new beginning and as such, it often brings mixed feelings for small business owners and even their advisors it can be both daunting but also very exciting.
It’s a time of year when SMBs and accountants/bookkeepers should come together, reviewfinances and hopefully ensure a cheque is making its way back from the ATO!
Given many small business are still tidying up paper work for FY14, a meeting with a bookkeeper or accountant now is the perfect opportunity to look at how to manage your finances better in the year ahead.
Your advisor might talk to you about a range of options including:
- How to save your business time and money by adopting cloud accounting (if you are using say Excel or desktop software)
- The benefits of starting your books â€˜fresh’ vs importing all of your historical data.
Keen to know more about starting a fresh and how easy it can be? Find out with QuickBooks Online head here for more information.