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Financial Jargon Explained: The Acronyms You Need To Know

Bookkeeping | Small Business

Financial Jargon Explained: The Acronyms You Need To Know

Hands up if you know your SBSCH’s from your STP’s? Nope? I get it, there…

Read More Financial Jargon Explained: The Acronyms You Need To Know

Have you hit a rough patch and need help getting b

Have you hit a rough patch and need help getting back on track? Here's a few practical tips to start turning things around and revive your small business finances 🙌

📋 Simplify your approach. By keeping things simple, you can increase revenue in easier steps.
📊 Understand your true financial position
🤓 Know when to seek professional help
💰 Explore any potential funding resources to help get you through

Our podcast episode Reviving Your Small Business Finances takes you through this and more. Comment 43 and I'll shoot you the episode 🎧

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⚠️ Are you making this costly Xero Mistake? O

⚠️ Are you making this costly Xero Mistake?

One of the biggest mistakes I see small business owners make is not connecting all their automated bank feeds in Xero. Here’s why it matters:

If you haven’t connected every business account, you could be missing transactions, making your financial records inaccurate. This could lead to nasty surprises like unexpected tax bills or cash flow issues 💸.

Here’s how you can fix it:
✅ Connect all your business accounts (PayPal, Stripe, etc.), but leave your personal accounts out.
✅ Review your transactions weekly.
✅ Set aside time monthly to reconcile your Xero with your bank statements for complete accuracy.

✋🏼 This is just one of 3 costly Xero mistakes. Want to know the others? Download our FREE guide to save yourself from expensive errors! DM 'Xero' to get the link! 🔗

#supportsmallbusinessaustralia #bookkeepinghelp #mumsinbiz #australianstartup #planforsuccess #perthbusinesswomen #femalebusinessowners #financialsuccess #growthstrategy #smallbusinesstipsforwomen #diybookkeeping #womeninbusinessaustralia #melbournebookkeeper #onlinebookkeeping #virtualbookkeeper #virtualbookkeeping #supportingsmallbiz #creativeentrepreneur #CalledToBeCreative #BrisbaneSmallBusiness #SmallBusinessLove #smallbusinesswoman #goldcoastbusiness #australianbookkeeper #accountingsolutions

Feel like BAS time is always a stressful guessing

Feel like BAS time is always a stressful guessing game and never have enough cash saved ? It doesnt have to be lile this!
Want my quick guide to stress free BAS forecasting, comment or DM FORECAST or go check out my blogs.

Feel like BAS time is a bit of a guessing game? 🤔 You've put some money aside, crossed your fingers and hope for the best. Then comes BAS time, and the numbers you get from your report or bookkeeper are WAY off what you expected?

It doesn't have to be this stressful! Lean into your accounting software, keep those books updated and get regular BAS updates from your bookkeeper to keep your cash flow and savings on track 📊

I've put together this simple guide to help you forecast your BAS with confidence, no crystal ball required 🙅‍♀️🔮 Comment or DM FORECAST and I'll send you the blog link.

Guess what I did today? Spoiler: it wasn’t bookk

FYI - the ATO classifies you as a business owner o

FYI - the ATO classifies you as a business owner once you start making or, have the intent to make money.

Don't let the haters get in your head. You are a BOSS 😎

#supportsmallbusinessaustralia #bookkeepinghelp #mumsinbiz #australianstartup #planforsuccess #perthbusinesswomen #femalebusinessowners #financialsuccess #growthstrategy #smallbusinesstipsforwomen #diybookkeeping #womeninbusinessaustralia #melbournebookkeeper #onlinebookkeeping #virtualbookkeeper #virtualbookkeeping #supportingsmallbiz #creativeentrepreneur #CalledToBeCreative #BrisbaneSmallBusiness #SmallBusinessLove #smallbusinesswoman #goldcoastbusiness #australianbookkeeper #accountingsolutions

📊 Is Your Profit Healthy This Sales Season? As

📊 Is Your Profit Healthy This Sales Season?

As we close out the first quarter of the financial year, and with Black Friday and Christmas promos full steam ahead, there's one number you need to be laser-focused on—your profit! What's the point of running sales if you’re only breaking even or worse, selling at a loss? 😱

I recently had a discovery call with a lovely business owner, and when I asked how their profit margins were shaping up, they couldn’t answer. And guess what? That’s more common than you’d think!

While profit isn’t everything, it’s essential for keeping your business thriving. Knowing your costs and profit margins allows you to make smart decisions about discounts, bundles, and promotions—especially during the busy holiday season.

Here’s a tip: Take a deep dive into your numbers now to set yourself up for success in this sales rush. 🎯

Need help? Head to our resources section to grab our freebies like our Plug And Play Pricing Strategy and Profit & Loss Generator before they're retired.

#supportsmallbusinessaustralia #bookkeepinghelp #mumsinbiz #australianstartup #planforsuccess #perthbusinesswomen #femalebusinessowners #financialsuccess #growthstrategy #smallbusinesstipsforwomen #diybookkeeping #womeninbusinessaustralia #melbournebookkeeper #onlinebookkeeping #virtualbookkeeper #virtualbookkeeping #supportingsmallbiz #creativeentrepreneur #CalledToBeCreative #BrisbaneSmallBusiness #SmallBusinessLove #smallbusinesswoman #goldcoastbusiness #australianbookkeeper #accountingsolutions

Ever wondered how bookkeepers keep everything runn

Ever wondered how bookkeepers keep everything running so smoothly? Besides knowing their stuff inside out, they’ve got systems and organisation nailed down!

🤫 Want in on the secret?
💰 📊 🧾 🗂️
We’re sharing our exact process to keep client books in tip-top shape every month! Our checklist is a simple, step-by-step guide to ensure you stay on top of your finances.

From monthly reminders (like setting aside money for GST) to my mantras for staying in control—this checklist will help you feel clear, confident, and organised. 🙏🏼

🔔 BTW, with our Learning Hub launching soon, we'll be retiring some free resources. So if you want this one, comment "checklist" and I'll send it your way! ↓

#supportsmallbusinessaustralia #bookkeepinghelp #mumsinbiz #australianstartup #planforsuccess #perthbusinesswomen #femalebusinessowners #financialsuccess #growthstrategy #smallbusinesstipsforwomen #diybookkeeping #womeninbusinessaustralia #melbournebookkeeper #onlinebookkeeping #virtualbookkeeper #virtualbookkeeping #supportingsmallbiz #creativeentrepreneur #CalledToBeCreative #BrisbaneSmallBusiness #SmallBusinessLove #smallbusinesswoman #goldcoastbusiness #australianbookkeeper #accountingsolutions

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