Tag: First Choice Bookkeeping Newcastle

Why Great Bookkeeping is Crucial to Business Success

Bookkeeping is a crucial aspect of any business, regardless of its size or industry. It involves recording, organising, and tracking financial transactions, such as purchases, sales, receipts, and payments. Great bookkeeping provides businesses with accurate and up-to-date financial information, which helps them make informed decisions and plan for the future. The key principles of why… Read more »

Ensuring Financial Stability: The Vital Role of Great Bookkeeping with Key Person Risk Support

In the realm of business, maintaining accurate financial records is akin to steering a ship through turbulent waters. Just as a skilled captain navigates challenges with precision, adept bookkeeping ensures the smooth sailing of a company’s financial health. At Real Balance, we understand that beyond the numbers lies the heartbeat of every business, and that’s… Read more »

It’s a Matter of Trust (Part 1)

“Trust is like a forest, it takes years to grow but can be destroyed in a moment”. Have you ever thought, I mean really thought, what does trust mean to you and your business? It is obvious that trust is the cornerstone that holds most relationships together. But what about in business, have you ever… Read more »

EOFY 2018 Planning Tips


It seems like only yesterday that I was preparing for EOFY last year. Business owners have many responsibilities at end of financial year. It can be a hectic time, but it can be a little easier if you have someone working with you to take the stress away. At end of financial year, a great… Read more »

Cloud Computing – Reinventing the way Tradies work


If you are a business owner, financial controller or an accounting clerk, then you are more than likely, at the least passively familiar with cloud computing. Nearly all accounting software packages offer a cloud-based option in addition to their “hard copy” software. Cloud systems like Quickbooks Online, Xero and the plethora of add-on programs are… Read more »

How A Xero Migration Rescue Can Keep Your Business on Top

Xero Migration Rescue You are a savvy small business owner with big vision. Pleasantly, but unexpectedly, your business takes off before you know it. You are trying to keep up with the demands of daily business, but struggle to keep up with your newly found success. Common issues include: Manually entering several invoices as one… Read more »