Welcome to the Alliott report for July 2009.
In this edition we will be discussing
- Alliott’s tips to improving your financial position
- Pricing upfront
- The fantastic Xero online accounting system
- An upcoming property seminar featuring Andrew Smillie - Alliott Investments lending specialist
- Key services that Alliott provides
- Websites we love
ALLIOTT’S TOP TIPS FOR IMPROVING YOUR FINANCIAL POSITION
In these tough economic times we know that clients want to improve their financial situation and create some extra wealth.
Here are some top tips to help your bottom line....
-
Review costs
- look at your biggest costs and find ways to reduce them
- discover unnecessary areas of expenditure and eliminate them
-
Review inventory and have a promotional sale (if appropriate!) to clear out any slow moving items
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Focus on the management of debtors – make collecting overdue accounts a priority
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Keep financial reports up to date so you can foresee any cash flow difficulties and take proactive steps
- the Xero accounting package is an excellent means of managing cash flow
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During financially difficult times effective marketing is critical
- Alliott’s now has a marketing consultant on board who can help develop marketing strategies and ideas specifically for your business
We are always happy to help you develop strategies to manage your business more efficiently and effectively – please
contact your Alliott client manager
if you would like our advice.
PRICING UPFRONT
One of the ways Alliott's can help with the management of costs is by quoting in advance for your end of year financial reports.
This year we have introduced a new system where your client manager will contact you before preparing your annual financial accounts and provide you with a quote. We call this ‘pricing upfront’ in accountants speak!
XERO - THE INCREDIBLE ONLINE ACCOUNTING SYSTEM
Xero is an online accounting system designed for small businesses and their advisors.
It’s simple, smart and secure.
Alliott’s are certified Xero advisers trainers and our experienced staff can help with all your Xero training and support needs.
To learn more about this incredible system
contact Alliott's today
.
XERO PRICING THROUGH ALLIOTT NZ
Xero is an affordable way to manage your accounting needs and Alliott's offers 4 different Xero packages depending on your business criteria.
- For your first entity – complete Xero version $49 per month exc GST
For your second entity - GST registered $24 per month exc GST
For your second entity – non GST registered $10 per month exc GST
- For a simplified cashbook Xero version $19 per month exc GST
We also have a special low offer available on a great Xero software package designed for rental property investors, trusts and non GST registered entities – BUT you must
sign up for this package with Alliott's
before July 31, 2009.
SOME KEY XERO FEATURES
-
Dashboard
A real time view of your business with a snapshot of all your transactions.
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Banking
Easy bank reconciliation keeps your accounts accurate and up to date. Automatic bank feeds get your transactions in to Xero without effort.
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Online Access
Access your accounts and run your business from anywhere in the world on a PC, Mac or popular mobile devices.
Invoicing
Create, send, receive and report on invoices all from one place. Gain a single view of where your money is coming from and when.
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Availability
Xero is available world wide and can be customised to fit all your international and local tax and business needs.
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Automatic software upgrades
As Xero upgrades their software you will automatically receive the latest version.
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Backup
No more worrying about backing up your key financial data. Xero will do this for you.
PROPERTY SEMINAR
Mark your diaries for Wednesday August 19 at 4pm at the Alliott offices in Newmarket for another of our popular seminars.
This time we will be featuring a presentation on our new Rental Tax guide which has been designed to provide our clients who are rental property investors with specialist tax information.
Andrew Smillie, Alliott Investments business and residential lending specialist, will be facilitating the seminar.
Included in the presentation is a segment featuring our new tax rental guide which has been designed to provide our clients who are rental property investors with specialist tax information
Come along for an informative meeting and enjoy the famous Alliott’s hospitality at the same time.
Register online now
or phone Lisa at Alliott’s on (09) 520 9200 - more details will follow.
KEY ALLIOTT NZ SERVICES
-
BUDGETING
Economic uncertainties have highlighted the necessity for businesses to spend critical time working on budgets and cash flow forecasts for the next 12 months.
A budget shows the expected income and expenditure for your business as well as your potential profit so it lets you diagnose problems in advance.
If the budget you've prepared doesn’t provide an adequate profit then appropriate action can be taken to try to achieve your desired profit rather than waiting for events to unfold.
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CASHFLOW MANAGEMENT
Budgeting and cash flow forecasting go hand in hand.
Once your budget has been completed then the cash flow forecast can be prepared.
A cash flow forecast will include your budget's figures as well as any taxation commitments, loan repayments, dividends or drawings, capital expenditure, receipts from debtors and payments to creditors you may have.
The management of cash flow and budgets is important in normal times but in difficult trading conditions, it is vital. Alliott’s can provide expertise and advice in helping you to prepare budgets and cash flow forecasts.
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BUYING vs. LEASING AN ASSET
It’s always difficult to know whether you should buy or lease an asset such as a car or building.
Alliott’s can prepare an analysis comparing the cost benefits of both scenarios thus allowing you to make the best decision for your financial circumstances.
WEBSITES WE LOVE
As well as our own fantastic website
www.alliott.co.nz
we love
THINGS YOU MAY NOT KNOW ABOUT ALLIOTT NZ
-
Alliott’s team members are multi talented - we have some wonderful bilingual speakers in our company.
If you need the services of a Spanish, Russian, Hindi (Fijian Indian), French or Mandarin speaker we can help!
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Alliott NZ is a member of the Alliott Group which is an international alliance of independent accounting, consulting and legal firms.
With more than 150 firms worldwide in over 230 offices the Alliott Group offers a global solution for our clients – as part of this alliance Alliott NZ can help with your international business dealings.
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We have a specialist business, Alliott Investments, which aims to provide a prudent and disciplined approach to the creation and protection of our clients wealth.
Alliott's investments, insurance and lending advisors are
:
David Burt – Investments
Gerard Gill - Insurance and KiwiSaver
Andrew Smillie – Business and Residential Lending
Our financial specialists can be contacted at Alliott’s office on (09) 520 9200 or
online
.
As
forward thinking accountants and business advisors Alliott NZ is always looking for ways to maximise our clients wealth and success.
109 Carlton Gore Road Newmarket Auckland
www.alliott.co.nz
