Bookkeeping
Should your bookkeeper have access to your bank account?
Your bookkeeper needs your bank data, not your password. How to give safe access with their own login, read-only roles, bank feeds and payment approvals.
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All articles, page 7
Every article on the Visory blog, newest first: page 7 of 9.
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Reporting and insights
How to run a financial health check for your business
A step-by-step self-check of your business's financial health: balance sheet, income statement, cash flow and the key ratios, with correct formulas.
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Bookkeeping
How outsourced bookkeeping services can help not-for-profits
How outsourced bookkeeping helps Australian not-for-profits keep up with ACNC, state and funder reporting while staff focus on the mission.
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Tax and compliance
Are bookkeeping fees tax deductible?
When bookkeeping and tax agent fees are tax deductible for an Australian business, and the rules that changed for ATO interest and card fees.
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Bookkeeping
How bookkeeping services can help your medical practice
How bookkeeping helps a medical practice manage revenue, payroll, billing and cash flow, and stay on top of its compliance obligations.
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Payables and receivables
How does accounts receivable work?
How accounts receivable works: credit terms, invoicing, aged debt, the journal entries, chasing late payers and the ATO rules for bad debts.
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Payables and receivables
Is accounts payable an asset, liability, or equity?
Accounts payable is a current liability. Here is why, where it sits on the balance sheet, and a simple worked journal example.
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Cash flow
What is a cash flow statement?
What a cash flow statement shows, how operating, investing and financing cash flows work, and the direct and indirect methods, with a worked example.
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Cash flow
Cost controls: strategies for keeping your expenses in check
Practical cost-control strategies that protect your margin without cutting the capacity you need to deliver for customers.
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Bookkeeping
Bookkeeping vs. accounting: what's the difference?
Bookkeeping and accounting are often used interchangeably. There are some important differences between these two finance-related fields.
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Reporting and insights
What is an expense report?
Here's what you need to know about an expense report and what is included.
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Tax and compliance
Why is poor bookkeeping a tax liability?
How inaccurate books lead to tax problems for Australian businesses, from penalties and interest to missed deductions, and how good records prevent them.
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