Category: Uncategorised
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Does your Accountant and Bookkeeper have access to your Xero?
Hello, Sue here, your Xero Hero. I wanted to share with you one easy thing you can do to help you with your Xero File, and that’s give NGR Accounting (or your bookkeeper) access to view it. Your Online Accounting Software is one of the most useful tools available to businesses. Not only does it…
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Festive Financial Hangovers
Hey guys, Nathan here. It’s coming up to the Festive time of year, of course for most it starts from the Melbourne Cup, and before you know it you’ve been to four, five, sometimes 9-10 Christmas Parties. And for a lot of us, Christmas and New Year is an exciting time of the year, not…
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Mental Health Month: Financial Goal Setting for a Positive Mindset
Hey guys, Nathan here, The Profit Generator. This month is all about Mental Health Awareness, and today, I want to talk about something that can truly transform your life: financial goal setting and its profound impact on your mental wellbeing. In a world where financial stress is all too common, taking control of your financial…
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Unlocking Success: The Power of Networking for Your Business
Hey guys, Nathan here. I wanted to chat to you about Networking for your business, and its benefits. So, let’s go! In today’s business world, networking has become an indispensable tool for fostering growth and success. It’s not just about exchanging business cards and shaking hands; it’s about building valuable relationships that can propel your…
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The Profit First Revolution: Transforming Small Business Finances
Hey guys, Nathan here. Today, I want to dive into a financial strategy that has been a game-changer for countless small and medium-sized businesses – Profit First. You might be wondering, “What exactly is Profit First, and why is Nathan so passionate about it?” Well, I’m here to answer those questions and show you why…
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5 Reasons You Might Need a Bookkeeper
Hello everyone, Sue, your Xero Hero, here to discuss Bookkeeping, and why it’s so important for your business. There are a few questions I like to ask clients when looking into whether having an external bookkeeper. These are: What are your current bookkeeping processes and who handles them in-house? Are you satisfied with the accuracy…
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Considering a Self Managed Super Fund?
Long Term Financial Goals? Considering a Self Managed Super Fund? Time to speak to an Accountant! Hey guys, Nathan here. A lot of clients have been considering their long-term financial goals, and one solution may be Self Managed Superannuation Funds. Planning for your retirement is a critical aspect of financial management, and many Australians opt…
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Starting a New Employee?
6 Compelling Reasons to Consult Your Accountant before Starting a New Employee Hello everyone, it’s Sue. I thought it might be a great idea at this time of year, to discuss putting on a new employee, and in this blog post, I thought I would highlight 6 reasons why contacting NGR Accounting before employing a…
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When should I talk to my accountant? When you’re Buying Big
Hey guys, Nathan here… I thought I would take some time to discuss Capital Expenditure. As a business owner, I know that making decisions on capital expenses can be challenging. It is essential to consider these expenses carefully as they can have a significant impact on your business’s financial health. This is why it’s important…
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What is PPSR? And Why is it Good for My Business
Hey guys, Nathan here. Recently, I was in a conversation with a Bookkeeper and a client, and we were discussing PPSR. It’s important for me to stay up to date with the latest regulations and practices that can impact the financial health of a business. One these is such practice that can be…
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FBT – What is it, and what do you need to know?
Hey guys, Nathan here. As an accountant, I can understand that lodging your Fringe Benefits Tax (FBT) can be a daunting task for many of my clients. I want to outline the key responsibilities that clients need to be aware of, import dates to keep in mind, and… where to find more information. So, let’s…
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Are you Planning short term, or for the long term?
Our last blog talked about the S.M.A.R.T. Planning of your goals for your future business plans, however have you considered whether you should be looking Short-term or Long-term? Normally your short-term goals are less ambitious than your long-term goals, and in most cases, they are easier to achieve. The other great thing about short term…