(DIY accounting – 5 minute read) The short answer to the question in the title is ‘yes’. Yes you can do your own accounting for your own business. Just like you can do your own plumbing, automobile fixing and your own hair. There isn’t anything stopping you from doing so. Of course, like any good
(tax filing- 5 minute read) Happy new year everyone! Ngā mihi o te tau hou! If you’re based here in (currently) sunny Aotearoa, then you’ll know that the financial year end is just a couple of months away (31 March 2023 to be exact). If you are self employed or own a business you have
(good debt vs bad debt – 5 minute read) Hi there accounting fans! Regular readers of this blog will know that we have a strong ‘anti-credit’ stance in this blog. However, I should point out that we don’t believe that ALL debt is bad and that some debt can be good. The important thing is
(net assets – 5 minute read) Hi there accounting fans! We’re back with more hard hitting accounting facts! Net assets, also known as net worth or equity, represent the difference between a company’s assets and liabilities. In other words, it’s the value of everything a company owns, minus everything it owes. How to calculate net