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News & Updates
Why Budgeting is SOO important to manage the finances of your organisation?
Planning is always important. Budgeting the finances is an essential part of effective and responsible financial management But why is it SOO important?? The big reason is.. Effective Budgeting and control are essential for the financial viability of your...
12 Tips to help create a budget for your small/medium sized not-for-profit organisation
Developing an annual budget for your organisation is a critical part of your organisation's risk management. Creating a good budget for a small non-profit organization is critical for ensuring financial health and achieving mission-driven goals. Click here for some...
Save time with Xero Expenses
Xero has a great app that saves a lot of time and almost all of our clients find this extremely helpful!! This is Xero Expenses. Who has Xero Expenses included in their plan Access to Xero Expenses is available to all Xero subscriptions beginning Xero's Grow...
Are you paying people for their services legally?
In this article, we explain the correct way for churches to deal with payments made to people for their services. Many people work for or operate with churches in various ways. For example, there are employees, volunteers, and suppliers. Some of these people are paid...
Xero Me for Payroll
Xero Me is a mobile app that allows employees and payroll administrators to perform various tasks related to payroll and expenses. Xero Me can be accessed using an app on your smartphone or tablet. It can also be accessed on your computer via a webpage. Using Xero Me,...
Use Xero’s Employee Leave management function
You have been using Xero for your organisation for some time now. You are on top of the basics! It’s time to step up in streamlining your processes and start using more of Xero’s functionalities. Employee Leave Management It is a new payroll year, and it is a great...
Updates to Xero’s Subscription Plan
Xero is in the process of updating its subscription plans, which will include alterations to both pricing structures and the features in each subscription tier. On 1 July 2024, Xero is: Increasing the pricing of the Starter, Standard, Premium 5 plans, Launching three...
Important Announcement for Churches and Not-for-Profit Organisations: New Tax Agent Nomination Requirements
From November 13, 2023, to better assist our clients with Single Touch Payroll (STP) or Business Activity Statement (BAS) work, the ATO are introducing new requirements. If you are not already on our client list, you will be required to complete the Tax Agent...
The Benkorp Story Continues
The Benkorp name comes from founders Cecil Benjamin and Jeanette Korporaal. Qualified accountants, Cecil and Jeanette have worked together in various capacities since their marriage in 1986. They both worked in corporate finance & accounting roles for a large...