Archived accounts in Xero help keep your Chart of Accounts tidy, but they still retain balances and appear in historical reports. If overlooked, they can quietly create discrepancies in your Profit & Loss or Balance Sheet. Regularly reviewing archived accounts ensures all balances are intentional and coded correctly, giving you confidence in your reporting and helping year-end processes run smoothly. How to review archived accounts in Xero: Go to Accounting → Chart of Accounts . Click the Archive tab to view archived accounts. Check for any balances or transactions. Unarchive accounts if adjustments are needed, then re-archive once correct. A quick monthly check helps prevent surprises and keeps your financial reporting accurate, reliable, and stress-free.

View our March 2026 General Ledger: - 2026 Annual Accounts Questionnaires - Terminal Tax Reminder - Due 7 April 2026 - Important Payroll Changes Effective 1 April 2026 - Xero Tip of the Month: Review Archived Accounts Before Year-End - Tax Question of the Month: Shareholder Salaries vs. Drawings - IRD Upcoming Tax Payment Dates https://public2.bomamarketing.com/email/XL4r

Cashflow is the lifeblood of every business. Even profitable companies can run into trouble if money isn’t coming in fast enough to cover day-to-day expenses. Delayed payments from clients, unexpected costs or overstocked inventory can all put pressure on your cash position and that stress can keep even the most experienced business owners up at night. The good news? With some proactive planning and smart strategies, you can take control of your cashflow and protect your business. Here are five practical tips to help you do just that. 1. Give your accounts receivable a boost Invoice your client as soon as the job is completed, or consider invoicing in instalments once key milestones are reached. Also, make sure you have strict payment terms in place. 2. Negotiate longer payment terms Talk to your suppliers to negotiate 30 or 60-day payment terms. This delays payment for your most common overheads, helping you spread the cost over a longer period. 3. Always have a cash reserve in place Putting surplus profits into a cash reserve gives you a buffer to draw on when cashflow is challenging. This can be a great way to get through quiet periods or cover unexpected costs. 4. Make the most of your cashflow forecasting tools Use the cashflow tools in your accounting software or forecasting app to create a rolling cashflow forecast. This helps you spot the potential cash shortfalls and budget accordingly. 5. Keep a close eye on inventory levels Review your inventory levels and warehouse stock to make sure capital is not tied up in slow-moving stock. Think about a leaner approach that reduces your costs. More helpful advice on managing your cashflow: If your current cashflow position is worrying you, come and talk to our team. We’ll give you tailored advice on how to boost your cash inflows and reduce your cash outflows. Call us today on 04 970 1182.

At the start of the year, it’s a good idea to review your repeating bills in Xero to ensure they’re still accurate and up to date. Repeating bills are often created once and then left running in the background. Over time, amounts may change, services may no longer be required, or accounts may need updating. If they aren't reviewed, outdated repeating bills can lead to incorrect expenses and inaccurate reporting early in the year. Taking a few minutes now to check your repeating bills helps keep your financial information accurate and reduces the need for corrections later. For those who need a reminder, you can find your repeating bills under Purchases > Bills > Repeating and update or stop any that are no longer needed.

View our February 2026 General Ledger: - 5 Tips for Controlling Your Cashflow - Important Notices - Minimum Wage to Rise From April 1 ($23.95 per hour) - Xero Tip of the Month: Review Your Repeating Bills - Tax Question of the Month: Early Year-End Preparation: What's the Benefit? - IRD Upcoming Tax Payment Dates https://public2.bomamarketing.com/email/ZL66

Thinking about starting a business? Many new Kiwi businesses struggle in their early years, often because the foundations aren’t quite right. The key is to set the right foundations for nurturing your fledgling business, which means planning out the business basics and your core strategy in the best possible detail. The NZ Government’s 5 key steps are a great place to begin: • Make sure your idea is viable • Choose and secure the right business name • Decide on the best business structure • Register for an NZBN and business taxes • Check any industry-specific regulations Whether you’re launching your first business or your fifth, having the right advice early can make all the difference. Book time with our team to talk through your business idea. We’ll help you run the numbers, test viability, and put a solid plan in place. You can also explore our ‘New to Business Guide’, a handy resource, full of valuable hints and tips to get you started. This guide can be downloaded from our resources hub: https://www.aafl.nz/resources-hub

The beginning of a new year is like hitting the reset button, right? If you're a business owner, this is the perfect time to take a step back and think about where you're at and what you want to achieve in the upcoming year. Setting goals is like the secret sauce for personal and professional growth. Whether you're dreaming big or just plotting out some day-to-day projects, like getting paid faster or tightening up your expenses, it's all important. Maybe you're even thinking about automating some processes or venturing into new markets. Whatever your game plan, the new year is your canvas. Having a clear vision and tangible goals is the key to making those big dreams a reality. So, let's dive into some tips to kickstart your goal-setting journey: Review the year that's been: Take the time to review the year and acknowledge all that has happened, good, bad or indifferent. Examining the year with an objective perspective can provide valuable insights to prepare for the next business year. Planning and goal setting will help provide a focus for your business efforts. Envision your future: Picture where you want to be in the next five or ten years. How can your business help you achieve those life goals? Having a clear endpoint makes it a whole lot easier to set goals that align with your vision. Set measurable goals: Wishy-washy goals are like trying to catch a cloud. Instead, aim for goals you can measure. Think about the key metrics in your business, like a 3% increase in net profit each year, a 2% cut in expenses, or grabbing two new customers monthly. Specific targets make tracking progress a breeze. Develop a plan for each goal: Once you've got your goals lined up, create a game plan. This could be a simple list or a brainstorming session with your team. Having a clear plan keeps you focused and ready to roll. Monitor your progress regularly: Keep tabs on how you're doing. Set reminders or sync up with your invoicing cycle. Regular check-ins help you spot areas for improvement and keep those fresh ideas flowing. Celebrate your achievements: Don't forget to celebrate those wins along the way. Treat yourself or your team to something special. It could be a morning tea, a day out of the office, or even planning an end-of-year bash. Find something that brings you joy without breaking the bank. We can help: Not sure where to start? We’re here to help! We can assist you in planning and tracking the key steps that will keep your business moving forward. At All Accounted For we pride ourselves in offering our clients a progressive approach in all aspects of their business. Whether it's working through a financial model, providing support to execute your plans, or helping to identify your advantages - together, we can help you make headway to reach your business goals. When you conduct a past-year review with one of our experienced advisors, we will: Run through your current business plan Provide feedback on where you are heading and talk through the opportunities you might not see in your own business Provide valuable insights for this year's goal setting Implement a tailored business plan Keen to learn more? We offer many business advisory services including: Business Reporting: monthly, bi-monthly, or quarterly Cash Flow Forecasting Budgeting Business Valuations Software Systems & Apps: setups and assistance If you’d like to chat about what you can do differently this year to enable your business to thrive, give Ben Duflou a call on 04-970-1182 to discuss how we can help.

Back in September, we announced that Xero was working on a refreshed navigation and homepage (formerly the Dashboard) to deliver a faster, cleaner, and more intuitive experience. With the navigation changes now live, Xero is moving to the next major update: the fully redesigned homepage. The new homepage is being introduced organisation by organisation over the coming months and will continue through to March 2026, so you may begin to see the updated layout appearing soon. Here’s what’s new in the homepage refresh: More meaningful insights: Xero has upgraded existing widgets and introduced new ones such as tasks, recently paid invoices, and net profit/loss - giving you important financial information at a glance. Customise your layout your way: You’ll be able to drag, drop, resize and reorder widgets so your homepage reflects what matters most to you. Your layout is unique to your login and won’t affect anyone else in your business. Time to adjust: If you’re not quite ready for the new look, you can temporarily switch back to the old dashboard for up to 24 hours before Xero automatically returns you to the new layout - giving everyone the chance to ease in. As always, if you have any questions or would like help navigating the changes, please don’t hesitate to call our team on 04 909 7729 . We’re here to support you. If you’d like to learn more about these upcoming changes, Xero has recently shared a helpful overview, which you can access by clicking HERE .