It’s the most challenging time in living memory for businesses across South Africa and around the world. To get by, business owners are turning to trusted advisors, and for many, their accountants are the first line of support. From managing cash flow to determining eligibility for aid, we’re proud to see the country’s accountants step […]
Lending a hand: Advisors, here’s how to help with COVID-19 loans
Over the past few months, businesses across Australia have been faced with a challenge like no other. As they navigate their way through the economic fallout of the COVID-19 crisis, many are finding that accessing working capital is proving increasingly difficult. While bridging the gap between JobKeeper payments when revenue has all but dried up […]
PPP Forgiveness Calculation: Process & Example
Want to know how much of your PPP loan is eligible for forgiveness? Thanks to the SBA’s release of the Loan Forgiveness Application, you can now do the PPP forgiveness calculation for your loan amount. Whether you’re ready to submit a PPP loan forgiveness request today or just want to get a ballpark figure, read […]
Kitces & Carl Ep 34: Are We Making Financial Advice & Portfolios More Complex Than They Need To Be?
Executive Summary Oftentimes, individuals seek out the services of a financial planner because their lives have become increasingly complex, and they need help to get organized, simplify, or at least just ‘make sense’ of their situation and what to do next. However, some clients don’t even realize just how complex their finances and lives have […]
Xero’s new integration with Relay enables flexible and intuitive banking for U.S. small businesses and their advisors
We’re thrilled to announce a new partnership with U.S.-based Relay. Built for entrepreneurs, Relay offers small business banking that is intuitive and flexible. It can be used by anyone from freelancers to 100+ person companies. Small businesses and their advisors can register for Relay online and experience beautiful banking on web, iOS and Android devices. […]
What the COVIDSafe return to work regulations could mean for your business
Following an incredibly challenging period for businesses Australia-wide, we’re starting to see COVID-19 lockdown restrictions ease and a wide-spread reopening begin. This new phase will set small businesses across the nation on a journey of recovery. It is, however, being approached with necessary caution – complete with a detailed set of regulations to adhere to. […]
Border Wars: Helping Clients Set Financial (And Emotional) Boundaries To Avoid Enabling Dependent Family Members
Executive Summary It is natural for individuals to want to help their friends and family members in times of need, and doing so can be a healthy way to nurture those important relationships. However, establishing realistic boundaries is also important in healthy relationships, especially when the relationship dynamic involves a provider and dependent. For financial […]
How Xero partners and businesses are sprinkling kindness
Kindness, both toward ourselves and others, is more vital than ever. That’s why it’s the perfect theme for this year’s Mental Health Awareness Week. An international study by Health Europa found that 41 percent of Britain’s population is at risk of mental health issues as a direct result of the coronavirus pandemic. However, despite this […]
3 ways to help your clients weather COVID-19 and prepare for their reopening
Xero App Partner Guest Blog – written by Vaughan Fergusson, Founder at Vend. Everyone could use support during these times, but small business owners, in particular, are some who need it most. With lockdown measures enforced in several parts of the globe, small businesses have been hit hard. Our data at Vend show that as […]
Why governments are accelerating the e-invoicing economy
E-invoicing has been touted as a way for small businesses to simplify their bookkeeping, by providing a fast, secure and more efficient way to send and receive invoices. However, wide-spread adoption will rely on governments and big business leading the way. Here’s where e-invoicing currently stands at a global level, and why we’re working with […]