Three simple ways RT Reporting helps bookkeepers provide cash flow forecasts and financial reports forSME clients

For those of you who attended #Bookkeepcon21 in July 2021, you will have noticed the empty stand for RT Reporting. The team from RT Reporting got caught up in COVID lockdowns and were unable to travel to New Zealand for our event, so we have offered them the opportunity to demonstrate their new product to you all via a webinar.

What does the product offer?

RT Reporting is a simple and effective forecasting, reporting and goal setting tool used by accountants and bookkeepers to provide valuable insights to their SME clients. It is simple, affordable and most of all, easy to understand!

The product comprises 3 key aspects that will help scale and streamline your advisory processes to make forecasting and reporting a breeze:

• Goal Setting
• Cash flow forecasting and budgeting
• Monthly reporting and live dashboards

This session will include question and answer time. If you have a specific question you would like answered, please submit these ahead of time to info@icnzb.org.nz

Protect your livelihood with ICNZB’s liability scheme

Professional Indemnity Insurance for New Zealand’s bookkeeping professionals

The ICNZB Liability Scheme is an insurance package specifically written for bookkeepers and provides protection against claims from dissatisfied clients e.g. claims of negligent advice, misrepresentation, misleading or deceptive conduct, mistakes and errors, or complaints to a professional body, and includes the cost of defending court proceedings.

This scheme is managed by Abbott Insurance Brokers on behalf of the Association and is available to current members of ICNZB.

In this session, you will hear from the schemes lead broker, Kevin Wellwood who will provide you with:

• an overview of what the scheme covers you for using real life examples where possible.
• what other insurance policies you can add to the scheme ie. Cyber Insurance and Directors and Officers Insurance.
• the offer to review your current insurance policy for cover and costs against the ICNZB scheme and provide recommendations – free of charge.

To prepare yourself for questions prior to this webinar, a brief summary of the ICNZB Liability Scheme, including pricing, can be found here >

There will be time for questions and answers and, if you have a specific question you would like answered, please submit these ahead of time to info@icnzb.org.nz

5 Star Admin have been offering app advisory to their clients since 2016 and have steadily grown this service to over 80% of our annual revenue. They have established fantastic relationships with software providers and are regularly invited to provide feedback on enhancements and suggestions for improvement to software developers.

During this 35 minute session, Tara McGowan will educate, inform and inspire bookkeepers to consider adding App Advisory as a new revenue stream. It will cover topics including app evaluations, industry specialisation, common pitfalls and the key factors of DIY or delegation.

This session was originally presented by Tara at #Bookkeepcon21 to fabulous feedback from our delegates:

• "Very knowledgeable. Great content."
• "Useful topic for those wanting to diversify, good session."

I get knocked down, but I get up again.

The lyrics from Chumbawamba’s 1997 song still resonate. Resilience is more important than ever – in our life and work.

It’s not a journey to take alone. We need to move beyond personal persistence to co-create ways to best manage the challenges faced.

Work is tough. You are doing more with less, managing demanding customers and adapting to external pressures – all against a backdrop of change and uncertainty.

It’s easy to become fatigued, de-motivated and even unwell. The challenge is how to deliver on outcomes yet stay well over the long term. We know context matters. What creates resilience depends on your unique job challenges and available resources.

During this session, Robin Wilson from Workplace Wellness will introduce us to the Resilience at Work ™ Toolkit which is scientifically validated and designed specifically for the workplace.

We translate the science into practical actions that can be implemented in any job or industry. You’ll walk away from this session with tools and tips that you can immediately put into practice in your day.

Following the introduction of Registered Bookkeeper status with Inland Revenue in April 2019, we have continued to receive positive feedback from our members on how this benefits them and their clients.

Registered bookkeepers can easily act and communicate with Inland Revenue on behalf of their clients, which makes it easier to stay on top of your clients’ tax positions and offer them a seamless service. Using an existing myIR login, the bookkeeper will have a single log on to access all of their clients, receive notifications and correspondence, and be able to file returns and update client details all in one place.

Interested to find out more?

The team from Inland Revenue will be presenting webinars for our members to deliver more information on how to register as a bookkeeper, including what documentation you will need, and talk about all the benefits that you receive from registering.

This session will include screenshots to demonstrate the different functions available you to in your myIR login once registered, as well as provide you the opportunity to ask Inland Revenue representatives direct questions.

To find out more ahead of these webinars, please refer to Inland Revenue website here >.

Protect your livelihood with ICNZB’s liability scheme

Professional Indemnity Insurance for New Zealand’s bookkeeping professionals

The ICNZB Liability Scheme is an insurance package specifically written for bookkeepers and provides protection against claims from dissatisfied clients e.g. claims of negligent advice, misrepresentation, misleading or deceptive conduct, mistakes and errors, or complaints to a professional body, and includes the cost of defending court proceedings.

This scheme is managed by Abbott Insurance Brokers on behalf of the Association and is available to current members of ICNZB.

In this session, you will hear from the schemes lead broker, Kevin Wellwood who will provide you with:

• an overview of what the scheme covers you for using real life examples where possible.
• what other insurance policies you can add to the scheme ie. Cyber Insurance and Directors and Officers Insurance.
• the offer to review your current insurance policy for cover and costs against the ICNZB scheme and provide recommendations – free of charge.

To prepare yourself for questions prior to this webinar, a brief summary of the ICNZB Liability Scheme, including pricing, can be found here >

There will be time for questions and answers and, if you have a specific question you would like answered, please submit these ahead of time to info@icnzb.org.nz

Through the Business Transformation, Inland Revenue have been making a lot of changes to help simplify tax. They are now in the final stage (Stage 4) of this programme. Their new webinar series is designed to help you understand what’s changing in 2021.