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Daylight savings and shift work - a reminder for employers

On Sunday morning our clocks went forward one hour. We all missed out on an hour of sleep, but on the upside we can now start enjoying more daylight hours each day.

Sunday has been chosen as the most ideal day for daylight saving changeovers as fewer people are working during that time, therefore minimising the impact on workers and employers.

If, however, you had employees working a shift when daylight savings commenced, they will be entitled to be paid their normal hours. For example if they worked from midnight to 8am on Sunday morning, they would have worked for 7 hours but should be paid for 8 hours so they are not disadvantaged by the change.

When daylight savings ends again and the clock goes back one hour (on the first Sunday in April) it works like this: someone working from midnight to 8am would end up working a total of 9 hours, and accordingly should be paid for the actual number of hours worked, ie 9 hours.

If you have any queries regarding daylight savings and its effect on paying wages, please contact our employment and payroll expert, Vicki Cozens. Click here to e-mail her - she will be happy to help.

 

Our September "hot desking" date at The Orchard

How does 100% free, no-strings-attached tax advice sound?

That's right, FREE tax advice!

Make a note in your diary for this Friday morning, when Jessie will be at The Orchard again to assist anyone struggling with financial matters.  No appointment needed, just drop by and say "Hi".
 

Add this event to your preferred calendar:

iCalendar  •  Google Calendar  •  Outlook  •  Outlook Online  •  Yahoo! Calendar

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The importance of cashflow forecasting

Cash is king! We all understand that if a business runs out of cash-on-hand, it cannot operate: it won't be able pay its workers, purchase stock, or cover building lease and electricity charges. However with cashflow forecasting, you can pro-actively keep your business viable.

Cashflow forecasting is exactly what it sounds like - taking an educated guess at your up-coming sales and expenses, to ensure the former can cover the latter.

How often you forecast cashflow depends on the soundness of your business - if your business is struggling, you should ideally be forecasting and revising your cashflow every single day.

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Accounting software - how to choose the right one for you (pt 2)

Part 13 of our blog article series: "Strategies for business success"

(and part 2 of 3 of our mini blog series on "Accounting software - how to choose the right one for you")

Following on from part 1 of this mini blog series on "Accounting software – how to choose the right one for you", in part 2 we will discuss how to establish your business's accounting requirements, choosing the right package to suit your needs, and tips for successful implementation.

Choosing a software package is comparable to shopping for a new appliance – if you don't take the time to ascertain exactly what you need and how you plan to use it, you risk getting caught up in the product's sales hype. You may end up spending more on features you'll never use, whilst potentially missing out on some great functionality. The better you understand your business's needs, the better equipped you are to find the right software to match.

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Free MYOB events happening next month - secure your spot now!

 Upcoming FREE events
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Our August "hot desking" date at The Orchard

Next Friday morning is the day and time when you can catch Jessie again at The Orchard, offering 100% free, no-strings-attached tax advice.

That's right, FREE tax advice!

28 August is the imminent due date for provisional tax payments

if you are losing sleep over your tax bill, talk to Jessie about the benefits of

tax pooling and if it is right for you.

Read more…

Accounting software - how to choose the right one for you (pt 1)

Part 12 of our blog article series: "Strategies for business success"

 (and part 1 of 3 of our mini blog series on "Accounting software - how to choose the right one for you")

What are you currently using to handle your business finances – a manual bookkeeping system, an accounting software package, an accountant or bookkeeper, or (most commonly) a combination of these? An even better question is: how well is your current system serving you and your business growth?

In our current age of technological advancement, the rate of development of high-tech hardware and software is exponential. This applies as much to accounting software, which is becoming increasingly smarter, more intuitive and, best of all, more user-friendly.

But with all the choices currently available, how do you know which software is best for you? If you are considering moving to a new accounting software package, you have come to the right place. Over three articles we will give you the run-down on everything you need to know to help you decide. 

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We're hiring! Are you up to the challenge?

Our July "hot desking" date at The Orchard

This month's "hot desking" date is your chance to pick the brain of our resident Xero & HR/employment/payroll expert, Vicki Cozens.

That's right, FREE advice on your vexing Xero conundrums and most perplexing employment problems!

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The Pick 2017 - are you ready to branch out?



Want to LEAF your old day job behind?

Want to BRANCH out and experience new things?


Have you heard about The PICK 2017? It's a BUSINESS IDEAS CHALLENGE for Northlanders, hosted by The ORCHARD (that business and event hub we always harp on about). There are heaps of AWESOME PRIZES to be won and a bunch of AWESOME PEOPLE standing by to help CULTIVATE your idea from SEED to HARVEST. We are proud supporters of The Orchard and excited to be part of another great business initiative for Northland.

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Meet The Team

Ean Brown
Director
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Barbara Collinson
Team Manager
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Andrea Allen
Chartered Accountant
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Flynn O'Meara
Accountant
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Jared Slatter
Chartered Accountant
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Jessie Alison
Chartered Accountant
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Pam Brown
Accountant
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Sally Adams
Chartered Accountant
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Valeria Maw
Chartered Accountant
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Vicki Cozens
Chartered Accountant
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Bonny Rowson
Administration
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Julie Jenkins
Administration
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Sandra Crene
Receptionist
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Sheila Ujdur
Administration
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