Futrli has been acquired by Sage!

Sage's acquisition of Futrli is part of its continued strategic approach to support accountants from proposal to advisory services.

Hannah Dawson

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Small Businesses

Futrli has been acquired by Sage!

Sage's acquisition of Futrli is part of its continued strategic approach to support accountants from proposal to advisory services.

What is a Purchase Order (PO) Number? Everything you need to know

PO Numbers are a crucial detail required for Purchase Orders and Invoices, helping identify and manage your customers purchase journey.

Total Cost: Formula, Definition & Examples

Identifying your Total Cost can be crucial in understanding your business's profitability. Learn how to properly evaluate your Total Cost performance.

Break-Even Point: Definition, Formula & Examples

Understanding the Break-Even Point Formula will help your business manage its costs and improve your financial future. Find out more!

Interim Invoice: Definition, Examples, and How to Use

An Interim Invoice is when you're requesting a partial payment, often for a partial delivery of a service or instalments on a large project. Click to learn more!

What is a MIS Report? Meaning, Types & Examples

MIS Report stands for Management Information Systems, it's an encompassing term for a set of reports that allow the business functions to be analyzed.

What Is Credit Control? Definition, Process & Procedures

Credit Control is the process of extending credit to make sales or services more attractive to a customer which in turn can increase sales numbers.

The Prudence Concept In Accounting | Definition & Guide

Prudence concept is a concept of accounting that increases the trustworthiness of figures reported in the financial statements of a business. Click to learn more!

What Is A Close Company? Definition & Rules

A close company is a UK-based business where 5 or fewer individual participators have ownership or control over the business. Read on to learn more!

What is the Sortino Ratio & How to Calculate It

The Sortino Ratio is a way to measure the return on investment by just looking at downside risk to better measure risk-adjusted returns.

What is Share Capital in Business?

Share Capital is the money invested into a business by shareholders in exchange for shares which equate to business ownership. Read on to learn more!

Pension & Retirement Planning for Business Owners

All business owners understand the importance of forecasting and planning for future finances but have you forecasted for your retirement?

How to Reward Employees for Free

Discover free ways to reward your employees and show your appreciation, without breaking the bank.

5 New Year Resolutions For Small Business Owners

The New year is the time to plan ahead, how are you going to grow your business this year? Here are some quick ideas you could consider.

10 Common Excel Mistakes and How To Avoid Them

Read the 10 common mistakes that are too easy to make in Excel and simple steps to keep your spreadsheet error free.

How accounting firms can support their small businesses with the challenges of rising inflation

As inflation climbs to a 30 year high, the media are focusing on the rising costs of living, but what about the rising costs of running a small business, and what effect is this having on small business owners? Accountancy firms are the trusted advisor to many small business owners and these small businesses need their help to navigate the price increases, decreasing purchasing power, and the potentially challenging waters ahead in the business world. This blog will detail how and what can be done.

The 6 Best Free Tools for Small Businesses

Growing your business doesn’t have to cost a fortune, here are 6 free tools anyone can use to make better business decisions and grow revenue.

How can a business be more environmentally friendly?

Going green isn’t just good for the environment, it’s good for business too. Learn how to make your business more environmentally and eco friendly.

Why Businesses Should Go Green: 5 Reasons

Going green isn’t just good for the environment, it’s good for business too. Learn why going green could pay off for your business too.

Sales KPIs and Metrics for Business Reporting

There’s lots of ways to slice Sales finances. Here’s some of the top sales KPIs your business should be tracking on your reporting dashboard.

Financial KPIs and Metrics for Small Business Reporting

Learn which financial KPIs and metrics every small business should be adding to their KPI dashboard and reporting, and why they’re important!

What Is Capital Budgeting? Definition & Application

Capital Budgeting is a great way to understand the financial implications of investing in new resources for businesses. Learn more and how to apply it!

How to Get a Business Loan

Business Loans don’t have to be time-consuming or scary, here, we’ll walk you through the basics you’ll need to have in place to apply and get the best rates.

What is Zero-based Budgeting: Advantages & Disadvantages

Zero-Based Budgeting means starting from zero every time you plan a budget and it could be a way to keep a closer eye on your businesses finances.

Cloud Accounting Security: Is it Safe?

Learn whether cloud accounting is safe for your small business, and the best practices you can follow to improve security when moving your data to the cloud.

The difference between Bookkeeping and Accounting

If you’re after financial support for your business, understanding the difference between an accountant and a bookkeeper is essential.

What Is A Balance Sheet? Definition, Template & Examples

Business finance can get complicated, but an up-to-date balance sheet means you always know what’s going on and where your money is.

Do Small Businesses Pay VAT?

VAT is a tricky area of business finances. Find out what VAT means for you and your small business, who should pay it, and why.

Types of Business Insurance for Small Businesses

Find out what types of business insurances small businesses should have, and which are required by law.

What Is Professional Indemnity Insurance?

Learn everything you need to know about Professional Indemnity Insurance and why every small business should be aware and consider it.

Chart of Accounts - what it is and why it is important

Read our guide to what a chart of accounts is, how it works, its different parts, and why it is useful.

What is Ledger Balance? Ledger vs Available Balance

Learn everything you need to know about Ledger Balance, including what it is, why it's important, how it's calculated, and how it differs from Available Balance.

What is a Cash Budget? Advantages & Examples

Learn everything you need to know about Cash Budgets, including what they are, their importance, examples, and how they differ from cash flow forecasts.

What is a Proforma Invoice? Use Cases & Examples

Learn everything you need to know about Proforma Invoices, including what it is, when you’d use it, and how it differs from a standard invoice.

Credit default swaps - what they are and pros and cons

Read our guide to what credit default swaps are, their benefits and disadvantages, and how to buy one yourself.

What is a Chamber of Commerce and what is its role?

Read our guide to what a Chamber of Commerce is, how it works, and how it can help your business grow and succeed.

What is an Invoice & what is it used for?

Learn everything you need to know about invoices, with our Ultimate Guide to Invoicing. This includes what an invoice is, invoice types, and what they're used for.

An introductory guide to calculating and using quartiles

Read our short guide on what quartiles are, how they work in statistical and data analysis, and how to calculate them for your dataset.

Debtors, credits, and how to manage them - a Futrli guide

Read our guide on the definition of debtors and creditors, how to manage either, and key differences between the concepts.

Aged Debtors Report: What is it & why is it important?

Learn everything you need to know about the Aged Debtors Report, including what it is, what it’s used for, and why it’s important to understand.

Days Sales Outstanding (DSO): Formula & Meaning

Learn everything you need to know about Days Sales Outstanding (DSO), including what it means, why it's important, and how to calculate it.

Incremental Cash Flow: Definition, Formula & Examples

Learn everything you need to know about Incremental Cash Flow, including what it is, why it's important, common difficulties, and how to calculate it.

What’s the difference between Cash Flow and Profit?

Learn everything you need to know about the relationship between Cash Flow & Profit, and how they’re different from each other, including definitions and types.

Debtor Days Calculation & Formula

Learn what the debtor days calculation is, how to calculate it and why the debtor days ratio is important, with our easy-to-follow guide & examples.

Revenue vs Profit: What's the difference?

Learn everything you need to know about revenue & profit and how they’re different from each other.

Debt Factoring: Definition, Advantages & Disadvantages

Learn everything you need to know about Debt Factoring, including its advantages & disadvantages, and how it can affect cash flow.

Operating Cash Flow: Definition, Formula & Examples

Learn everything you need to know about Operating Cash Flow, including what it is, why it's important, and how to calculate it.

An introductory guide to debt securities in investment

Read our introductory guide to debt securities, what they are, and how they are used.

BIC and SWIFT codes in international payments - explained

Read our introductory guide to BIC and SWIFT codes, what they are, and why they are used.

Successful business communications - tips and tricks

Read our guide to establishing a successful communication strategy for your business.

SaaS, PaaS, and IaaS and what cloud resources to use

Read our introductory guide to SaaS, PaaS, and IaaS - three types of cloud services.

A guide on how to improve payment security in your business

Read our guide to PCI compliance in Australia and methods for secure payment in your business.

Cashless payments - a guide to advantages and disadvantages

Read our guide to cashless payment systems, what they are and their advantages and disadvantages.

A guide to accounting and bookkeeping for small businesses

Read our introductory guide to accounting and bookkeeping for small businesses.

Freemium business models - what they are and pros and cons

Keep reading for our introductory guide to the concept of a freemium business model and its pros and cons.

An introductory guide to financial accounting for business

Read our introductory guide on what financial accounting is and parts of a financial statement.

Improving your company's billing process

Read our introductory guide to improving the billing process in your company.

A guide to improving your business's financial viability

Read our introductory guide to improving your business's financial viability.

Value-based pricing - what it is and how to implement it

Read our introductory guide to value-based pricing and how to implement it in your business.

Top tips for avoiding late invoice payments in your company

Read our introductory guide to late client payments and how to avoid them.

A guide to what a company's competitive advantage is

Read our introductory guide to the different types of competitive advantage and how to gain it for your business.

Cash flow forecasting - why it is important and process

Getting a better grasp on future cash flow is crucial in strategic planning. A cash flow forecast shows your business's likely future revenue and expenses. This is why we've compiled this short guide to creating your business's cash flow forecast.

Annual plans - what they are and how to develop one

Read our guide to what annual operating plans are and how to develop one for your company.

Procurement strategy - what it is and how to develop one

Read our guide to what procurement strategies are and how to create a successful one for your business.

Go-to-market strategies - a Futrli guide

As a business owner, it is crucial to have a strategy for expansion. Whether it is a new service or product or a change in the target market, a go-to-market strategy can give you a competitive advantage. This is why we've compiled this short guide to creating a go-to-market (gtm) strategy.

A guide to insolvency - what it is and how to manage it

Read our introductory guide to what insolvency is and how to manage it.

Secure payment pages - definition, and how to create them

Read our introductory guide to building a secure online payment page for your business.

Paperless offices - advantages and how to get started

Read our introductory guide to creating a paperless office environment in your company.

Market positioning - definition and different strategies

Read our introductory guide to what market positioning is, different strategies, and how to develop one for your business.

How to develop a successful business model for your company

Read our introductory guide to developing a business model for your company.

Guide to creating a mission statement for your business

Read our introductory guide to creating a mission statement for your business.

An introductory guide to point of sale (POS) systems

Read our introductory guide to choosing the best POS sale systems for your business.

An introductory guide to chasing overdue client invoices

Read our introductory guide to chasing overdue invoice payments in your business.

Guide to calculating the weighted average cost of capital

Read our guide to the weighted average cost of capital and how to calculate it for your business.

The total asset turnover ratio - definition and formula

Read our introductory guide to the total asset turnover ratio and how to calculate it.

Cost of goods sold - what it is and how to calculate it

Read our short guide to what the cost of goods sold is, and how to calculate it.

Tangible assets - what they are and how to calculate them

Read our introductory guide to tangible assets, what they are, and how to calculate them.

Retained cash flow - what it is and how to calculate it

Cash flow is a crucial part of your company's financial success. So, when reviewing how well your business is performing, looking at the retained cash flow can help you get an understanding of the increase or decrease of cash in your company over time. This is why we've compiled this short guide to how to calculate retained cash flow.

Futrli's guide to calculating principal payment

Read our short guide on how to calculate the principal payment for a loan.

Introductory guide to calculating payroll for your company

Read our introductory guide on how to calculate payroll for your company.

Futrli's guide to calculating the net profit margin of your business

Calculating your company's net profit margin can help paint a better picture of your business's financial health. How much revenue comes out as profit for the company can help your business grow or even evaluate potential investments. This is why we've compiled this short guide on calculating the net profit margin.

How to calculate the net present value of an investment

Read our guide to what net present value is, and how to calculate it for your company.

Net Cash Flow: Formula, Definition & Examples

Learn everything you need to know about Net Cash Flow, including what it is, why it's important, and how to calculate it.

GST - definition, how to register, and how to calculate it

Read our guide to goods and services tax (GST), how to register, and how to calculate it.

A guide to free cash flow - definition and formula

Read our short guide to what free cash flow is, and how to calculate it for your business.

Futrli's guide to calculating your debt-to-equity-ratio

Read our introductory guide to what the debt-to-equity ratio is, and how to calculate it.

Customer acquisition cost - definition and formula

Read our guide to what customer acquisition cost is, and how to calculate it.

A guide to calculating the churn rate for your business

Read our guide to what your business's churn rate is, and how to calculate it.

A guide to calculating the effective annual interest rate

For companies extending credit, it is crucial to understand how interest rates are calculated. But not just that - even if you are using credit for your business financing, it is critical to understand these matters. This is why we've compiled this short guide to calculating an effective annual interest rate (EAR).

A guide to obtaining an Australian Business Number (ABN)

Read our guide to what an Australian Business Number (ABN) is, and how to apply for it.

How to best manage employee expenses in your company

Read our guide on establishing a successful system to manage employee expenses in your business.

Guide to the cost of starting a business in Australia

Read our introductory guide to the cost of starting a business in Australia.

Goodwill in business - what it is and practical examples

Read our guide to what goodwill in business is and what practical examples are.

A guide to venture capital funding for small business

Read our guide to what venture capital funding is, its perks, and the four stages.

Futrli's guide to managing a recession as a small business

Read our guide to what recessions are, how they impact business, and how to survive them.

Futrli's guide to depreciation and how it affects cash flow

Read our guide to what depreciation is, and how it impacts your business's cash flow.

Blockchain technology - their definition, process, and use

Read our introductory guide to blockchain systems, how they work and how to use them in financial services.

A/B testing - definition, advantages, and procedure

Read our introductory guide to what A/B testing is, how to plan it, and what you can test.

A guide to the concepts of horizontal and vertical equity

Read our guide to the concepts of horizontal and vertical equity and how they differ.

Introductory guide to the provision for doubtful debts

Read our introductory guide to creating a provision for doubtful debts and how to calculate it.