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3 of the best ways to deal with foreign currencies & overseas suppliers/customers in MYOB Advanced

3 of the best ways to deal with foreign currencies & overseas suppliers/customers in MYOB Advanced

Foreign currency management tends not to be a feature of small business accounting systems necessitating the use of spreadsheets on the side for data manipulation and then double entry back into the accounting system. Similarly, importing goods from overseas mean that landed costs need to be accounted for, and exporting goods needs exchange rates to...


5 indicators that may lead a company to look at an Enterprise Resource Management System (ERP)

5 indicators that may lead a company to look at an Enterprise Resource Management System (ERP)

1. Data File Too Large/Large Number of Concurrent Users
Once the data file of a server-based small business accounting system becomes too large, the operation of the system can slow down considerably or even start crashing. This leads to user frustration as it takes them longer to complete routine tasks and significantly lowers productivity, particularly if the...


3 simple ways to stop buddy punching & manual time sheet in one swoop

3 simple ways to stop buddy punching & manual time sheet in one swoop

Buddy punching has been a pesky problem since the very first Bundy time clock, anytime a company wanted to manage their employee’s attendance and see if they are doing their job, they would implement some sort of timekeeping system. From paper time sheets to roll calls, whatever it was buddy punching found its way...


One simple way to protect yourself against AUSPOST scams

One simple way to protect yourself against AUSPOST scams

An ongoing battle against spam continues, there's a variety of ways online attackers may attempt to gain your personal or financial information, or exploit you for financial gain. This month scam has targeted Australia Post again, people have been receiving emails supposedly from AusPost asking for personal information please be aware that Australia Post will...


Kogan to buy Dick Smith?

Kogan to buy Dick Smith?

Perth house prices have been up and down recently and in the last month of 2015 they took a positive jump up, however, analysts predict any growth in the Western Australian market is at least 12 months away. Meaning it’s going to be a cold 2016, especially as 2015 also saw around $20,000 drop...