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Xero vs MYOB vs QuickBooks: Which Is Right for Your Business?
Choosing accounting software isn't just about finding the cheapest option or the one with the most features. It's about finding the platform that fits your business operations, supports your growth, and makes financial management genuinely easier rather than adding another layer of complexity. For Australian business owners, this decision carries additional weight because the right software needs to handle local compliance requirements like GST, BAS, and Single Touch Payroll 
Lovish Kansal
1 day ago11 min read
 
 
 


How to Build a 13-Week Cash Flow Forecast: Your Essential Business Planning Tool
If you've ever felt blindsided by a cash shortage despite having "profitable" months on paper, you're not alone. Cash flow problems catch Australian businesses off guard more than any other financial challenge. The solution? A 13-week rolling cash flow forecast—the single most powerful tool for staying ahead of your cash position. Unlike monthly profit and loss statements that show what you've earned, a 13-week forecast shows what's actually in your bank account week by week.
Lovish Kansal
4 days ago7 min read
 
 
 


5 Common Cash Flow Pitfalls That Can Threaten Your Business and How to Prevent Them
Cash flow is the lifeblood of any business. According to recent research, nearly 80% of Australian small to medium businesses have...
Lovish Kansal
Oct 34 min read
 
 
 


Business Advisory: Your Strategic Partner for Australian Business Success
Beyond Compliance: Strategic Growth for Australian Businesses Business advisory transcends traditional accounting and bookkeeping—it's...
Lovish Kansal
Sep 84 min read
 
 
 


Wealth Management: Turning Income into Long-Term Financial Stability
Earning money is important—but it’s only the beginning. The real challenge is managing your wealth wisely  so it supports both your...
Lovish Kansal
Aug 182 min read
 
 
 


Understanding Product Life Cycle Analysis: Stages and Real-Life Examples
In business, no product lasts forever. Markets shift, consumer preferences evolve, and technology advances. To stay competitive,...
Lovish Kansal
Aug 94 min read
 
 
 


The Role of AIS and MIS in Business Reporting
AIS (Accounting Information System) reports are prepared by accountants to maintain accurate financial records and ensure the business...
Lovish Kansal
Aug 72 min read
 
 
 


The Power of Financial Statement Analysis
A financial statement is a formal record of the financial activities and position of a business, individual, or entity. In Australia, the...
Lovish Kansal
Aug 73 min read
 
 
 


Why AR/AP Management Isn’t Optional Anymore!
Accounts Payable (AP)  refers to the amount a business owes to its suppliers for goods or services received on credit. Accounts...
Lovish Kansal
Aug 63 min read
 
 
 


Bank Reconciliation- Is Your Bank Statement a Mess?
In today’s digital era, numerous day-to-day transactions are conducted through digital payments and bank transfers, covering both...
Lovish Kansal
Aug 43 min read
 
 
 


Professional Bookkeeping & Accounting Services Across Australia
The Australian Accounting Standards are issued by the Australian Accounting Standards Board   (AASB)  and are closely aligned with the...
Lovish Kansal
Jul 233 min read
 
 
 


Bookkeeping and Accounting for Freelancers
Freelancing is a prominent and rapidly emerging profession, offering flexibility, independence, and global work opportunities. With the...
Lovish Kansal
Jul 223 min read
 
 
 


Big or small business- Accountant makes all the difference
Whether you're a start-up finding your footing or established giant managing complex operations, one constant remains — the need for...
Lovish Kansal
Jul 163 min read
 
 
 


Hidden Costs to DIY Accounting
If you're handling bookkeeping or accounting on your own, there's a good chance you could get it wrong. Without proper knowledge of...
Lovish Kansal
Jul 143 min read
 
 
 


CPA Australia Program: Your Pathway to Accounting Excellence
The accounting profession in Australia has evolved far beyond number crunching and data entry. Today's businesses need strategic thinkers who can analyze complex financial situations, provide valuable insights, and drive business decisions. The CPA Australia designation positions you as exactly that kind of professional—and here's everything you need to know about earning it. What Is a CPA (Australia)? A Certified Practising Accountant (CPA) is a professional accounting desig
Lovish Kansal
Jan 116 min read
 
 
 
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