Setting Up a New Pty Ltd in Xero: Chart of Accounts, Tracking and User Access Tips

Setting Up a New Pty Ltd in Xero: Chart of Accounts, Tracking and User Access Tips

Setting up a new Pty Ltd in Xero: chart of accounts, tracking and user access tips is a key step in getting your business structure and software working together from day one. When you move from sole trader to a Pty Ltd company, you are shifting to a proprietary limited company that is a separate…

Bookkeeping Tasks You Must Complete Before Your Business Goes into Liquidation

Bookkeeping Tasks You Must Complete Before Your Business Goes into Liquidation

Bookkeeping tasks you must complete before your business goes into liquidation help you stay in control when your company is unable to pay its debts and the winding up process becomes unavoidable. Liquidation is the process of closing a company’s business, selling assets and using the cash received to pay creditors as far as possible.…