Teaching Kids about Shaf's structure of Trusts, Holding Company and Operating Companies to manage key considerations such as tax implications, dividend distribution and asset protection with a long term strategy.
Accounting
Teaching kids about recording a bill that has multiple line items into Xero as an Expense bill to pay.
Teaching kids about recording a refund in Xero bookkeeping.
Teaching Kids Business. What does the term reconciliation mean in bookkeeping? It's the process of checking if the records we have are correct. Read this article for step-by-step instructions on how to reconcile in Xero.
Teaching kids about expenses and bookkeeping. This article explains the steps in recording an Atlassian invoice for Confluence that is in USD, but paid with our base currency AUD Card.
Accounting
Teaching kids about expenses and bookkeeping. This article explains how a domain registration/renewal invoice looks like and how we enter into Xero as an expense.
Accounting
💡This is part of Project Instill, where I teach my kids (12 and 10) financial literacy and business basics. What did I want to do? * I wanted to give my kids Ash (12 years old) and Adh (10 years old) access to Xero so they can add the invoices/bills
Bookkeeping
Teaching kids about expenses and bookkeeping. Expense means Money going out.
Business
💡This is part of Project Instill, where I teach my kids (12 and 10) financial literacy and business basics. I started trying to identify what I wanted in my children. Yes, we want our kids to grow up as good citizens caring for the world, but I want my kids