Engine Room Chartered Accountants provide strategic accountancy + business advisory services to excel business growth and performance.
Our latest insights
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Generative AI for your small business
Starting off with ChatGPT As small business owners, it can seem like there’s just not enough hours in the day. One solution to that is harnessing the power of AI. AI is here to help you do more with less. By getting the AI to do the tasks that take you the longest or the…
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Job Management Software and WorkflowMax alternatives
Migrating from WorkflowMax by Xero If you have been using WorkflowMax by Xero, you would have already migrated to a new job management software by now, as June 26 2024 marked the end of life of the software. WorkflowMax by BlueRock (aka WorkflowMax 2) is most obvious alternative and the BlueRock team have made the…
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Tax threshold changes and your business
The changes to personal income tax rates taking effect in July, as an outcome of the Budget 2024, have some consequences for businesses. The current thresholds apply for the first 3 months and 30 days of the 2024–25 tax year; the new thresholds for the remaining period. For the 2024-25 year only, composite tax rates…
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8 Reasons Why You Should Tighten Your Financial Controls
ApprovalMax and Xero. It’s the end of the day and you have to track down someone to sign off on that one PO. It’s stressful and time consuming and you think there must be a better way. Or you see a bill and wonder “Who on earth approved this?” The better way is with ApprovalMax.…