As the end of financial year (EOFY) approaches in NZ, it’s an important time to review your inventory management system and make sure everything is accurate, complete, and aligned with your accounting system prior to running your end of year financials. A clean set of data not only makes things easier for your accountant, it also gives you confidence in your reporting going into the new financial year. Here are some key tasks we recommend reviewing: Reconcile to Xero A reconc

From 1 April 2026, several payroll compliance updates will come into effect for New Zealand businesses. These include changes to KiwiSaver contribution rates, ACC earner’s levy adjustments, and a Minimum wage increase. Here’s a clear overview of what’s changing and what to keep an eye on. Kiwisaver Contribution Rate: Kiwisaver Minimum Contribution Increase The default minimum KiwiSaver contribution rate for both employees and employers will increase from 3% to 3.5%, and emplo

Let’s face it—business lingo can sometimes feel like an entirely different language. While terms like SEO and B2B might become second...