The Seven Money Types
Earlier this month, I had the pleasure of reading ‘The Seven Money Types‘ by Tommy Brown. I had chanced upon the title while looking up other finance-related books. The subtitle
Category: Bookkeeping
Change of Business Structure: Sole Trader to Company
Changing your business structure from a sole trader to a company is a fairly common occurence. Most newbie business owners do not wish to incur the higher costs of setting
Common Bookkeeping Mistakes That Can Cause the Downfall of Your Business
Running a new business is exciting, challenging and fulfilling. It can also be stressful especially when you are juggling many balls in the air all at once, being everything to
3 Financial Management Tips for a Not-For-Profit Organisation
Running a charity or not-for-profit organisation requires more than just the best of intentions. Without responsible financial management, things can go awry in no time. It is also important to
Cash and Accrual Accounting in Layman Terms
Occasionally, Glint Accountants receive calls from concerned business owners who request for an explanation of what cash and accrual accounting means. This usually occurs when their business needs to be
Common Bookkeeping Mistakes in Xero
As a certified Xero advisor, Glint Accountants often comes across Xero files set up by our new clients which contain a large number of common bookkeeping mistakes. Whilst we understand
Is Your Side Hustle a Hobby or Business?
Nearly everyone knows someone with a side hustle. Just to name a few examples, this may include backyard sale of plants, sale of home-made crafts via Facebook Marketplace, online sale
I am a Sole Trader. Do I pay myself a wage?
A sole trader is an individual running a business. It is the simplest and cheapest business structure. If you operate your business as a sole trader, you are the only