Archive for September, 2010

15% GST has arrived NZ

Sep 30

Waking up this morning came with a realisation of how fast September had flown by and how quickly the change to 15% GST in NZ had arrived. Many were predicting a spike in sales for retail businesses in September with consumers attempting to beat the GST increase, but it’s not certain that retailers saw this. […]

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Tax changes show power of moving to cloud systems

Sep 29

Article published in one of our  local papers The Herald yesterday. Part of a GST series covering the rate change in New Zealand from 12.5% to 15%.  I wanted to talk about the benefits of the Government to make changes and bring up the Single Business Number … It’s good that the Government has lowered […]

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The modern practice

Sep 28

Today we’re announcing a new initiative for the accounting industry. Right now Xero offers client side accounting, as well as accountant side features such as annual reports. We believe the ‘single ledger’ is a fundamental disruption to the accounting software industry because it provides huge efficiencies to the accounting practice and reduces cost dramatically. Examples of what we’ve already delivered […]

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Simple inventory

Sep 28

Coming up with a solution so you can record purchases as well as sales has been a much requested feature. It leads the pack among a bunch of new things we’ve got in today’s release. To help you monitor your inventory we’ve revamped Price List Items and given it a new name Inventory Items. Check out […]

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Fully automated bank reconciliation

Sep 27

I have been working over the last few weeks on setting up ‘rules’ inside the Xero banking module on my own practice accounts and a number of clients. Today for the first time when I imported a bank statement I did not have to categorise ANY transactions. There was a rule in place for everyone. All debtor […]

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Segway owner killed on a segway

Sep 27

The multi-millionaire owner of the Segway company died in a freak accident yesterday when he rode one of the high-tech two-wheel machines off a cliff and into a river. Businessman Jimi Heselden, 62, plunged off cliffs and into the River Wharfe while riding around his North Yorkshire estate on a rugged country version of the […]

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Brian Cowen gets a feature on NBC's Tonight Show with Jay Leno

Sep 27

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Numbers up at the ploughing championships!

Sep 24

Things are looking up! On day one at the European Ploughing Championships currently taking place in Athy, County Kildare there was an attendance of 66,000 This figure represents an increase of over 20,000 on day one last year. The event is very popular with farmers and other agri businesses being europes biggest show in relation […]

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Registering as a charity – FAQ's

Sep 23

I have found the information available on-line in relation to tax exemption for charities and non-profits hard to find and difficult to read so I hope to answer some common questions below Q1: Does a body have to register as a Company with the companies registration office to avail of a charity tax exemption? A: […]

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The currency of innovation

Sep 22

As someone who is fascinated with the subjects of innovation and good ideas, I thought this was a brilliant video summary of Steven Johnson’s new book, Where Good Ideas Come From.

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