Anne's True Accounts Blog

How is that Cash Burn Rate of yours?

Investopedia defines the Cash Burn Rate as "The rate at which a new company uses up its venture capital to finance overhead before generating positive cash flows from operations.  In other words, it is a measure of negative cash flow." But established businesses who are planning change should...

How to get extra value from your Bookkeeper

Checking the Superannuation Payable account A little terminology first... A Balance Sheet (also known as Statement of Financial Position), comprises Assets (what you own), less Liabilities (what you owe) to give a Net Assets figure.  The Net Assets represent Owners Equity, or what's left over for the owners...

The big, bigger, biggest story: accounting software that grows with you - painlessly

Hooray!! The new breed of accounting software is affordable, secure and in the cloud, giving you access to your financials in real-time. It  boasts automated bank feeds, online invoicing and mobile access.  This is all fantastic stuff, don't get me wrong.  But I see it's "friction-free scalability" as...

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Anne Plummer
0415 533 195