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The Business Advisory Blog

Welcome to our blog

Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.

While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents.  Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.

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Understanding the factors that drive your business

Written by Vanessa Williams on November 25th, 2019.      0 comments

success-182There are many ways to improve business performance but which initiatives will bring the biggest impact? This article identifies some metrics or ‘drivers’ which grow revenue, profit and business value. Establish how you are performing now and measure the impact of any improvement. Focus on the things that matter! 
 

Xero updates Winter 2019

Written by Greg Millar on July 1st, 2019.      0 comments

xero-platinum-partner-badge-RGB-608We outline some of the newest updates happening in the world of Xero that should hopefully brighten up your working day. 
 

XERO PROJECTS Tasks and expenses

Written by Vanessa Williams on April 29th, 2019.      0 comments

xero-platinum-partner-badge-RGB-608Xero has introduced more granular invoicing options in Projects, allowing users to show time as individual line items on an invoice. Users can now choose to include details such as the staff member, date, task and description from their time entries. This feature is available on both the web and the Projects mobile apps versions of Xero.
 

NZ pricing change to Xero

Written by Greg Millar on August 20th, 2018.      0 comments

xero-gold-partner-logo-hires-RGB-382From 28 September 2018, the monthly subscription price for Xero will increase as a result of new functionality.
Topics: expenses , Xero
 

5 tips to avoid the summer cash slump

Written by Greg Millar on December 19th, 2017.      0 comments

NZD calculator-857Summer can be a tricky time for cash flow. It doesn’t have to be; the quiet summer period can be incredibly productive. Use Xero's small business advisory panel's practical tips to avoid the summer slump.
 

Getting Business Structure Right

Written by Greg Millar on October 23rd, 2017.      0 comments

boxing gloves-840-800Learn why spending time on getting your small business structure right is just as important as the exciting times ahead as a new business startup.
 

Your Blueprint to Business Success

Written by Greg Millar on July 18th, 2017.      0 comments

check tick-407-962Running a business without a business plan is like rock climbing blindfolded. Your chances of making it successfully to the top are slim. 

A business plan is a step-by-step guide to running your business and creating a product or service that will make it successful in the marketplace.

 

Recording Expense Claims in Xero

Written by Rose McNair on March 23rd, 2017.      0 comments

xero-gold-partner-logo-hires-RGB-382Here at Alliotts it’s been a good few weeks of everyone working diligently to ensure our clients are all geared up for financial year end. Therefore it might be apt to say this month’s article is a little light given the seriousness of this time of year.

 

Entertainment deductibility table

Written by Vanessa Williams on November 9th, 2016.      0 comments

cracker-702On the countdown to Christmas, use our entertainment deductibility table to make sure you get your business entertainment expenses right this year. Download your free copy.
 

Deducting expenditure on gifts of food and drink

Written by Anthony McIlroy on October 6th, 2016.      0 comments

after party-644-414In essence, providing food and wine gifts are only 50% deductible. Historically there has been ambiguity around this but as of 1 September 2016 it is definitely only 50%. (This is of particular relevance to real estate agents.)

 

Running on empty?

Written by Anthony McIlroy on August 4th, 2016.      0 comments

panic-456When you have more money going out of the business than is coming in, if you can’t pay your bills, you’re running at a loss. You may have a big order in the pipeline that will cover you but you might need to seek out a loan to cover you until the money comes through.

You can distinguish temporary cash flow issues from larger issues but, either way, you need to act.
 

Not tracking your billable expenses could be costing you money

Written by Sarah Forman on October 30th, 2015.      0 comments

xero-certified-advisor-logo-hires-RGB-493For many business owners, racking up charges on behalf of a customer (disbursements) is part of doing business. You can, hopefully, pass on all those disbursements to your customers as billable expenses. The key is to keep track of what charges go with which customer.

We outline exactly how Xero can help you to do that.

 

Xero’s Business Performance dashboard is here

Written by Greg Millar on July 10th, 2015.      0 comments

xero-Business-Performance-feature-release Screenshots 1320x880 02-@2x-890Xero’s Business Performance dashboard was released last month and marks the start of a new wave of Xero functionality with new, more powerful insights into the health and performance of your business.