Calxa Blog
The latest updates and news on product and educational thoughts.
New in Calxa: Budget Formulas and Driver Based Budgets
We have exciting changes coming to the way you edit budgets in Calxa. Budgets aren’t just dollars (or pounds or euros or ringgit). They are the GPS driving your business. They’re often built from the ground up based on volumes of sales or hours worked. We’ve promised...
New in Calxa: Improved Importing and Benchmark Reports
Alongside improvements to the 2-step verification process, our team is working on more improvements to release in early November. There will be some changes to improve importing budgets and make this process more flexible; Calxa Unplugged users will also get new...
New in Calxa: 2-Factor Authentication is Coming
We all need security and at Calxa we acknowledge our responsibility to keep your data safe and secure. 2-Factor Authentication has become a way of life for most of us. So, the next step for Calxa is to introduce 2-factor authentication (2FA) for data safety. It will...
5 Fitness Industry KPIs
Fitness Industry KPIs are a way for these businesses to track their performance. The last couple of years have been turbulent for the fitness industry but it’s clear that the businesses that understood their numbers are the ones who were more likely to survive, recoil...
Unit Costing: The Ultimate Guide
Unit costing is important for business and not-for-profit organisations alike. As a business and not-for-profit organisation, you probably have an idea of how much your projects and programs cost to run overall. And, no doubt you have a very good understanding of how...
Prioritising Revenue, Profit And Cash Flow – Which Is More Important For Your Business
Revenue, Profit and Cash Flow – which one is more important? The question as to the significance of prioritising Revenue, Profit and Cash Flow crops up for every business at some time or another. Focusing on the right financial strategy can make or break your...
5 Important Construction Performance Metrics and KPIs
Construction Performance Metrics and Key Performance Indicators (KPIs) help understand profitability in your business and keep you solvent. With tough times ahead for many in the construction industry, it is important to look at performance from different angles....
How To Forecast Tax Liabilities
For many accountants, how to forecast tax liabilities for their clients, is a regular challenge. But it is an important task that is part of their bread-and-butter services. The certainty of paying taxes is often ascribed to Benjamin Franklin, but he was in many ways,...
New in Calxa: Excel Spreadsheet Integration
New in Calxa this month is a bit of a surprise. We call it Calxa Unplugged. It means that Calxa now works without a connected accounting system. It's a combination of creating the structure manually and bringing in some from an Excel Spreadsheet. After many years (did...
New in Calxa: Loan Wizard to Calculate Budget for You
Those of you who remember the Calxa desktop application will know that it included a simple but useful loan calculator. The good news is that we have now added that to the online app for everyone to use. The new loan wizard was released last week. What...
7 Examples Of How To Use Calxa With Spreadsheets
One of the benefits of using Calxa has always been the simple connection to an accounting system. An alternative, is to use Calxa with your spreadsheets. Linking to your Xero, MYOB or QuickBooks means Calxa does some of the hard work for you. However, not everyone...
How To Prepare A Cash Flow Forecast In Under 30 Minutes
If I said to you “I’ll show you how to prepare a cash flow forecast in under 30 minutes” would you believe me? I dare say that, just like me, you have spent half a lifetime in spreadsheets. Possibly adding new rows, tweaking formulas, double-checking the numbers as...
The Best Way To Do Group Consolidation Reporting
Group consolidation reporting, also referred to a multi-company consolidation, can be a time-consuming task for any CFO (Chief Financial Officer). Often, it involves a plethora of spreadsheets with multiple interconnecting worksheets. The effort you need to keep this environment balanced and reconciled is agony for many. It can fall over just by overriding one formula. And, sometimes, you may not even notice the error until months down the track. The desired outcome is the need to see several business activities wrapped up into a combined financial statement. A view to give a snapshot across all companies and to track the overall performance.
5 Signs You Might Be Trading Insolvent
Trading insolvent is a dirty word in business. The reality is, many of us run our businesses very close to the wind at times. There are many successful businesses who have struggled with cash flow at some point in their existence. Just having tight cash flow does not...
New in Calxa: Multi-Currency Consolidation
Many of our customers work with companies in different countries and therefore different currencies. From early June, you will be able to consolidate those companies in Calxa using a full multi-currency consolidation. This is in lieu of the current simple company rate...
Calxa Menu Makeover Is Here
There’s never a good time to change the menu in any application. But, that’s exactly what we’re about to do in Calxa. The Calxa menu makeover is going live in the second week of May. Calxa Menu Makeover to Help Find What You Need We have recognised that the...