Bookkeeping

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Accounting Software for Home Builders – Is It the Right Choice?

Just as you wouldn’t use a hammer to cut a piece of wood, the tools you choose to manage your home-building business finances must fit the task at hand.  The right accounting software tool can revolutionise how you handle your business administrative tasks, ensuring higher efficiency and accuracy.   Whether you’re a sole trader or run…

Best Tax Software for Real Estate Agents: 3 Options that Make Your Day Easier

If you’re a real estate agent, you know how important it is to keep accurate records of your taxes and finances.  With the right software, you can save time and make sure that your finances are in order. In this article, we’ll review three of the best tax software for real estate agents: Xero, MYOB,…

Real Estate Accounting: 5 Books to Read for a Strong Start in 2023

Whether you’re considering going into real estate investment for the first time or looking to invest money and you don’t know how, real estate accounting books are a strong place to start. As a complex and varied area, there are many unique residential and commercial real estate accounting books out there to build your skills,…

Bookkeeping for real estate agents

It’s estimated that real estate agents spend an average of 10 hours per week recording, organising and processing their financial transactions. Accounts receivable and payable, employee salaries, expense receipts and invoices all need to be kept in check. With so many other duties and requirements, more and more real estate agents are turning to professional…

Bookkeeping Vs. Accounting

The differences between bookkeeping and accounting are often quite subtle, but they are very distinct for anyone looking to enter either career. In a nutshell, bookkeepers keep a record of a business’s day-to-day financial transactions while accountants emphasise the big picture of those finances. Bookkeepers have to pay close attention to the minute details as…