Fuel Accountants

Cloud-Based Accounting & Consulting Firm in Canada and NZ

E-Commerce Accounting | Profit First Accounting | Xero Accounting/ Bookkeeping | Business Coaching

Accounting for Growing Businesses

Helping entrepreneurs build profitable businesses that bless their family, their team and their community.

  • Make More Money

    Grow your business using our Accelerate business growth programme and our business coaching programmes.

  • Keep More Money

    Implement Profit First in your business to have more in the bank, and the right tax strategies so you have more money.

  • Have Less Stress

    You can relax knowing that our expert team is always making sure that your taxes are filed correctly and on time.

  • Do Good

    You help entrepreneurs in the third world through our Slip Stream project.

Small Business Accountant

HOW IT WORKS

We don’t want to be one of those accountants that you only talk to at tax time. We are your year-round partner. Regardless of which service level you select you can rest assured that we’ve got your back every step of the way.

  1. Book your free consultation
  2. Meet your new bookkeeper, accountant and coach
  3. Focus on growing your business


Build the business of your dreams with the support of our team of certified coaches, qualified accountants and experienced bookkeepers.

  • Make More Profit

  • Pay The Right Tax

  • Organized Financial System

  • Financial Coach

  • Timely Information

  • Planning For The Future

  • Explain What You Need To Know

  • Cloud Enabled

  • High Touch


Testimonials

  • ⭐⭐⭐⭐⭐

    Prompt and reliable accountants.

    "Fuel Accountants has been my accountant for six years. They have been with me on my journey from inception of my business to now. Not only have they been prompt and reliable accountants but also business advisors.

    I am very comfortable with the working relationship and ease…Read More

    -Cheryl Ganly-Lewis Natural Breastfeeding

  • ⭐⭐⭐⭐⭐

    At last I have found a great Accountant.

    "I was referred to Fuel Accountants after several years of being at the mercy of poor Accountants. I knew my accounts were in a mess and was not a great fan of Accountants anyway.

    Looking at the jumble Peter inherited 12 months ago,…Read More

    -Shirley Tracy Red 2 Green Workplace Enablers Ltd

  • ⭐⭐⭐⭐⭐

    We really like that Peter is down to earth.

    "From the first meeting with Peter we felt that at last we had found 'the' accountant that would be able to actually help us manage our finances in our small self employed business.

    We really like that Peter is down to earth,…Read More

    -Lance and Sherelyn Philip

  • ⭐⭐⭐⭐⭐

    I needed someone who I could trust.

    "When I started up my business I needed someone who I could trust, someone who would give me unbiased advice and cold hard facts, as opposed to someone who might try to impress me with kind words in order to get my account.

    Peter…Read More

    -Tracey Pomare Nurse Plus Wellington & Kapiti Limited

  • ⭐⭐⭐⭐⭐

    I would recommend him to other small business owners.

    "I have worked with Peter for about a year. Peter is more than an Accountant. He has helped me with the future planning of my business and shown a personal interest in my shop and rental properties.

    I now have a clear…Read More

    -Alison Lillyston Park Ave Lotto


Xero Accountant

About Us

We are a global, virtual, cloud accounting and consulting firm. Specializing in Xero – a completely cloud-based accounting platform, our mission is to help entrepreneurs create sustainable and profitable businesses. We have offices in the Wellington (New Zealand) and Toronto (Canada) regions – but you’ll never need to visit them as we are completely virtual.

Learn More

Here are the things that all clients get:

  • Our No-Surprise Fee Policy
  • No-charge for asking questions
  • Cloud accounting software included

Serving clients virtually across Canada, New Zealand, USA, and all around the globe.

Contact Fuel Accountants - Xero Accountants/ Bookkeepers in Canada & NZ

Recent Posts

  • Small Business Accountant

    4 Reasons Your Business Should Consider Digital Receipts

    Receipts are vital to successfully running a business. You need receipts to track your purchases and expenses. Your clients need receipts for their tax purposes and to manage their finances. Paper receipts have been around a long time, so many people are used to them and may even be resistant to moving away from them.

    Thanks to technology, paper receipts are becoming more a thing of the past. There are environmental reasons for the move. Paper receipts require millions of trees and billions of gallons of water to produce, and they emit carbon dioxide (CO2), so going paperless can be a good thing for the environment.

    Read more

  • Google AdWords — Ad Extensions

    I mentioned last month how important ad extensions are when using Google AdWords (in my opinion, Google AdWords should be compulsory for any company trying to advertise a presence online).

    Whilst ad extensions have been around for a number of months, it’s surprising how few advertisers use them, so it’s a big opportunity for you to dominate your keywords. You see, ad extensions make your ad at least twice as big, meaning your competitors’ ads get ‘pushed’ further down the page.

    Read more

View all posts

RECENT POSTS

  • Receipts are vital to successfully running a business. You need receipts to track your purchases and expenses. Your clients need receipts for their tax purposes and to manage their finances. Paper receipts have been around a long time, so many people are used to them and may even be resistant…Read More

    -4 Reasons Your Business Should Consider Digital Receipts

  • I mentioned last month how important ad extensions are when using Google AdWords (in my opinion, Google AdWords should be compulsory for any company trying to advertise a presence online). Whilst ad extensions have been around for a number of months, it’s surprising how few advertisers use them, so it’s a big…Read More

    -Google AdWords — Ad Extensions

  • A “Buyer Created Tax Invoice” (sometimes referred to in other countries as a “Recipient Created Tax Invoice” or “RCTI”) is an invoice for sales tax purposes that is created by the purchaser of the goods rather than the seller of the goods. This is common in many industries, especially where the purchaser has…Read More

    -Creating Buyer Created Tax Invoices in Xero

  • Xero has a “secret” transaction type (two – in fact) that many users aren’t aware of, and those that do often mis-use. It’s called “Prepayment” and “Overpayment”. These transaction types are actually variations of the standard Spend/Receive Money bank transaction but they have very unique treatments. These transaction types allow you to record…Read More

    -Prepayments and Overpayments in Xero

  • We are now well on our way through 2015 and already talking about the end of the year. But setting goals is a positive step to changing your future. Everyone wants more Twitter followers. Some make the argument that numbers don’t mean anything, but each number is a person, who could be a…Read More

    -How To Get More Twitter Followers By The End Of 2015

  • If you’ve been exposed to any of our own media pieces (ads, letters, etc.) you’ll have noticed a high level of ‘personalisation’ in all of them. There’s a big reason for this… Adding any kind of ‘personalisation’ increases response significantly. Why? Because the recipient of your media piece gets the impression that you sent it…Read More

    -The Power Of ‘Personalisation’ And How You Can Use It To Grow Your Business

  • Running a social media strategy as well as being a business owner will only lead to stress and sleepless nights. But everyone is on social media, right? Even the Pope. You need to strike the balance between informative and annoying. Studies show the optimal postings for the two most popular networking sites are: Twitter: 3…Read More

    -How To Have A Social Media Presence Without Being Present

  • Inventory often accounts for a large portion of your business's current assets. Knowing how much to have on hand is a complex task. The very best of forecasts are seldom accurate and occasionally unforeseen problems do occur. Inventory management impacts different functional teams within the organization. Each team will have competing priorities and differing…Read More

    -Controlling Inventory. How hard is it Really?

  • One of the allures of cloud accounting is that it makes keeping your accounting records more accessible. Entering payables, managing receivables, and reconciling your bank account are now effortless. It does make you wonder whether you even need an accountant or bookkeeper at all these days! I often liken it to having a car.…Read More

    -Do I still need an accountant or bookkeeper if I use Xero?

  • the economy continues to struggle, now is NOT the time to panic. In fact, if you follow our proven strategies, you can use the recession in your favour and capitalise on the weaknesses of your competitors. What may surprise you is that numerous studies dating back to 1923 (Ronald S. Vaile—Harvard Business Review)…Read More

    -How To Hit The Economy Head-On And Win

  • Should your website be social? Are you looking to turn that static website into something a bit more interactive for your visitors? Keep reading to discover how to become… A Bit More “Sociable”… There’s no doubt that social media is a powerful marketing and communication tool for businesses and non-profit organizations that have embraced it. Yet,…Read More

    -7 Ways To Transform Your Website Into A Social Media Hub

  • Working with the guy who shows up at 9.15am with the remainder of last night’s party on his breath is fun for no one. Nor is dealing with the undecider who takes days to produce a one-page report. Difficult people can drive you batty, but there are effective ways to tolerate this in the…Read More

    -Dealing With Difficult People In The Workplace

  • There are so many social media channels available that it’s hard to keep up, but it’s important to be familiar with each platform at your disposal. And as you want to create brand awareness, you can’t afford to ignore what makes each one unique. If you’ve found an interesting article you want to share…Read More

    -How To Market Your Business On Facebook And Twitter

  • If you want to improve, you have to measure your results to see what isn’t working and, more importantly, what is. The good thing is, if you have a Twitter account set up, you can view your analytics for FREE. ‘Why do I need to see my analytics?’ you might be wondering. As with…Read More

    -Understanding Twitter Analytics To Get You Results

  • Delegate: To entrust a task or responsibility to another person, typically one who is less senior than oneself. Sometimes you’ll feel overloaded, and there’s only so much you can do. One hundred things need doing, and unless you’re superhuman, it’s physically impossible to get everything done. So what do you do? Well, you do…Read More

    -Delegate For Happier Employees And To Reduce Your Stress

  • A s long as you provide excellent value – people will flock to your business and pay handsomely for the privilege. Business owners often make the mistake of thinking that price is the main issue in the mind of their prospects or customers. But what they’re missing is this: if everyone is viewed by…Read More

    -How To Add Value Without Increasing Your Costs

  • One thing that constantly amazes us is how quickly each year passes. The days, weeks, and months seem to roll into one, and before you know it, 8 months have passed. You’re left wondering ‘where did the time go?’ Now that’s okay as long as you plan accordingly. However, most people spend more time…Read More

    -Improving Your Management Skills Is Key To Your Success

  • You need to retain sufficient documentation to substantiate your claim to an expense deduction and GST Input Tax Credit. The requirements are slightly stricter for something that includes GST (Note: GST refers equally to GST, HST and QST – we’ve simplified to GST here). Debit/Credit Card receipts and Paypal transaction receipts are generally not…Read More

    -What documents should I keep?

  • Wonderful – welcome to the excitement of owning your own business. If you’re still in the early stages of starting your business here are some things you might want to do early: Incorporate a Company There are several advantages of trading as a Corporation rather than a Sole Proprietor. These include: Ability to defer tax or…Read More

    -Starting a Business?

  • We are delighted to announce the launch of our new website! Our new website provides our existing and prospective clients a simple yet interactive view of our work and the services we offer. Stay tuned to our blog for new ideas! Sign up here so you never miss an update. For any enquiries…Read More

    -Announcing The New Website

  • Balancing customer experience against your budget is a difficult task. You need the right amount of staff working to keep customers happy, but not so many people that workers are standing around looking for things to do. If your customers have long wait times, that’s…Read More

    -4 Ideas to Manage Customer Wait Times Without Hiring More People

  • If you’re looking to grow your business, you might consider expanding your service offerings. Adding additional services is a good way to increase your profitability, diversify your income and expand your market. But there are important things to consider before adding to your income streams. Here are 4 important things to keep in mind…Read More

    -4 Things to Consider Before Expanding Your Service Offerings

  • While Canada and New Zealand have much in common, the tax systems are very different. Any time you move countries you should plan before you leave and ensure that you fully understand the issues as assumptions from one country may not be valid in the other. Once you have moved there is little…Read More

    -Tax Issues when moving from Canada to New Zealand

  • You’ve probably heard the maxim that it’s better to work smarter than harder. Working smarter means allocating your time, energy, and money so vital tasks get done more efficiently, freeing up your personal time. Too many business owners think they must keep working harder—taking on more responsibilities and working longer hours—to be successful. It…Read More

    -3 Tips for Working Smarter and Gaining Personal Time

  • If you’re looking to grow your business, you might consider expanding your service offerings. Adding additional services is a good way to increase your profitability, diversify your income and expand your market. But there are important things to consider before adding to your income streams. Here are 4 important things to keep in mind…Read More

    -4 Things to Consider Before Expanding Your Service Offerings

  • If you want your business to grow, at some point you’ll have to think about scaling it. Scaling it isn’t exactly the same as growing it, though they are often used interchangeably. Growth refers to adding resources and increasing your revenue in a linear fashion. You double your number of offices to double…Read More

    -How to Scale Your Business with Minimal Effort

  • The unfortunate reality is most business owners don’t take proper holidays. Usually this is because their business relies on them and they don’t have the support to keep the business running without them. As a business owner, have you ever considered what would happen to the business if you had to take a six…Read More

    -Succession Planning: A will for your business

  • Starting your own business requires enough capital so you can pay your bills until your company turns a profit Depending on the type and size of your business, you may need thousands of dollars monthly to cover overhead. If you’re wondering where to find business start-up funding, there are a variety of options available to…Read More

    -5 Funding Options for Start-ups

  • Starting a business means you’ll be in competition with other companies that already exist. It’s actually a good thing if you have a competition to go up against. Competition pushes you to be innovative. It also means there’s an established market for your goods or services. The key to benefitting from the competition is…Read More

    -4 Ways Small Start-ups Can Take On Established Competitors

  • You started your business with plans of earning a living and being successful, but an unfortunate fact of business life is that companies suffer financial hardships. Whether those hardships are pandemic-related or linked to other urgent situations, the effect is still the same. Your finances are negatively affected and it’s up to you…Read More

    -5 Ways to Recover After a Financial Setback

  • Hopefully you have long – and short-term plans for your company and you may even have a strategy for your own development, but have you considered having a personal development plan (or individual development plan) for employees? An employee personal development plan is an action plan that focuses on helping staff improve their knowledge,…Read More

    -Tips on creating personal development plans for employees

  • One classic mistake business owners make when money gets tight is to stop marketing or cut their marketing budget. At first glance, it seems logical to cut down your expenses during tough economic conditions. However, in reality, it’s the opposite of what you should do. When your business is struggling, cutting your marketing budget…Read More

    -Why Smart Business Owners Never Stop Marketing

  • Every business needs a financial plan. Your financial plan gives you a way to monitor and review your cash flow, make adjustments to your spending, and anticipate any upcoming financial issues. It can also make you more prepared to request funding or find investors so you can bring more money into your business. Although…Read More

    -How to Build an Effective Financial Plan for Your Business

  • Solid cash flow management is vital to ensuring your business survives, but not everyone understands what cash flow is or how to manage it. That’s likely what makes it a leading cause of stress for small business owners. In fact, a Capital One study found that 42% of small business owners say cash…Read More

    -Cash Flow Advice for Small Businesses

  • For small business owners, the risk of data breaches and fraud is high, so taking all the necessary steps to protect your sensitive data is a must. Unfortunately for many entrepreneurs the decision to increase their company’s data protection comes too late – after they’ve been victimized by a malicious hacker. The good news is,…Read More

    -You should be using two factor authentication

  • Your 30s are an exciting time. You’re typically making more money than you were in your 20s and you’re looking to the future to determine the type of life you want to live. Your 30s are also a great time to take control of your finances, so you have more security and flexibility…Read More

    -5 Financial Tips for Your 30s

  • It’s one thing to manage workers when they’re all in the same place at the same time. However, when you run a construction business with field workers, things can get a lot more challenging. Not only are you typically not on the same job site as them, you might also have workers scattered…Read More

    -Managing Field Workers in Your Construction Business

  • For many business owners, partnerships are an ideal way to run a business. Operating a business with a partner means you don’t have to make all the decisions on your own. It means you have someone there with you, to help you carry the burden and share ideas with. That can be a…Read More

    -3 Reasons Why Business Partners Break Up and How to Prevent Them

  • If you ask 100 business owners what they like least about running a business, chances are good that bookkeeping will rank high on the list. It’s an annoying and frustrating chore that takes up a lot of time and is easy to put off until tomorrow. Avoiding your bookkeeping is dangerous, however. Not knowing…Read More

    -3 Consequences of Avoiding Your Bookkeeping

  • The question of motivating employees is often on a business owner’s mind. It can be difficult to find ways to genuinely motivate employees at work, and often the old standards—performance-based bonuses, increased rewards and commissions—only work in the short-term, if they work at all. In fact, some tests have shown that the usual…Read More

    -3 Ways to Motivate Workers

  • Financial management is a vital part of running a successful business, but often entrepreneurs start their business with little understanding of how to make solid financial decisions. Managing your finances is about more than bookkeeping and paying taxes—although those are also important to a sustainable business. It’s about managing cash flow, preparing for…Read More

    -6 Vital Money Management Tips for First-Time Entrepreneurs

  • For some people, early retirement is a choice. For others, it’s a necessity. Regardless of which group you fall into, there are some steps you can take to help make early retirement a reality and live the life you dream about. 1. Know your goals Before you know exactly how much money you need to…Read More

    -5 Steps to Early Retirement

  • Every business experiences slow periods when the market for their goods or services lessens and sales drop. Business owners might be tempted to view down times as unproductive or wasted, but there are ways you can make the most of your business during these seasons.  When COVID-19 first struck many businesses found themselves…Read More

    -4 Ways to Make the Most of Business Down Time

  • Gone are the days when an entrepreneur was expected to be entirely focused on making a profit. Obviously, earning money is important to being sustainable and therefore staying in business, but it’s possible to both earn a profit and make a positive difference in the world around you, too. There are great reasons for…Read More

    -Ways to Make a Difference While Making Money

  • Living a debt-free life is one of the dreams of many people. However, paying down your debt is easier said than done. Some people struggle to keep up with their monthly bills and become overwhelmed with the amount of debt they have to pay. In these circumstances, it’s easy to “stick your head in…Read More

    -5 Tips to Get Out of Debt Faster

  • If you’re a Canadian or Kiwi business and you work with customers in the US it probably won’t be long until someone asks you to complete a version of form W-8. In fact, they all should ask you to complete it, but many don’t know of it’s existence. The form is part of the…Read More

    -How do I complete the U.S. W-8BEN-E form?

  • Online reviews are an important marketing tool for many small businesses. They give potential customers and clients a chance to see how effective your goods or services are, how responsive you are to your clients, and what other people’s experiences of your business have been. The vast majority of people check online reviews…Read More

    -How to rebuild trust after a bad online review

  • Many entrepreneurs start their business with the goal of earning an income for themselves, but they often think of the business only in terms of them running it. In truth, there is a huge benefit to starting a business either with the goal of selling it or at least setting it up so it…Read More

    -How to build a business you can sell

  • The start of a business partnership is an amazing time. Generally speaking, both people are invested financially, emotionally and professionally in the business. It may be stressful to start a business but doing so with a partner gives you someone to share the responsibility and workload with. When you and your partner collaborate…Read More

    -What to do when a business partnership breaks up

  • There are many people who believe that when it comes to investing, nothing beats real estate. This may be true, but you still have to be smart when making your real estate investment decisions. Although investment properties can be a savvy financial move, there is plenty that can go wrong if you don’t…Read More

    -Tips for buying your first investment property

  • The first day of a new job can be overwhelming for new employees. There are company policies and procedures to absorb, colleagues to meet, and job duties to learn. That stress can make the first few days of a job uncomfortable. As a small business owner, it makes sense for you to make…Read More

    -Simple tips for onboarding new employees

  • When you run a small business you likely want to spend as much time as possible on the tasks that make money for your business. Unfortunately, there are many day-to-day chores that require your time but aren’t necessarily worth your energy. Faced with those errands, many small business owners either spend their valuable…Read More

    -Can a Virtual Assistant Help Your Business

  • IMPORTANT: This post is specific to New Zealand. If you are not a New Zealand business/taxpayer then it is probably not applicable to you. In December 2020, the NZ Government passed legislation to implement a new personal tax rate of 39% for those with personal incomes above $180,000.…Read More

    -New 39% Personal Tax Rate For NZ’s Highest Income Earners

  • Still Doing Your Own Payroll? Here’s 3 Reasons Why You Should Stop At face value, it seems like a great idea. If you’re a small business owner with just a few employees, you probably think that hiring a payroll specialist is an expense that you can avoid. You feel that you can handle it yourself. You…Read More

    -Still Doing Your Own Payroll?

  • All business owners need to be aware of their break-even point — that is, the number of units they need to sell in order to cover their operating costs. Once you’ve reached your break-even point, it’s time to celebrate: your business is no longer in the red, and you are officially earning a profit. This…Read More

    -Do you know your break-even point?

  • Some small business owners find themselves in the difficult position of running a business that appears to be profitable, but still having no money in the bank. It’s an important situation to address. After all, a lack of adequate cash flow is one of the main causes of small business failure. Here are three…Read More

    -If my business is making a profit, where is the cash?

  • IMPORTANT: This post is specific to Canada. If you are not a Canada business/taxpayer then it is probably not applicable to you. It’s all the rage to hire casual or fixed-term staff as “contractors” and not put them on payroll.  This is often advantageous to the employer…Read More

    -Contractor or Employee

  • Your business us growing and you’re ready to take the plung and hire an employee.  Congratulations.  There are a number of things that you need to think about, especially as you get started.  Please also note that lows vary by Province – based on where the…Read More

    -Hiring your first employee

  • When it comes to the overall success of your business, one of the most important decisions you’ll face is how to price for the work you do. Charge too much and you could scare away potential customers. Charge too little and you could run yourself out of business. Figuring out how much to charge…Read More

    -Signs you’re undercharging for your work

  • If your small business operates on a tight budget you might be tempted to eliminate costs that you think aren’t necessary. Often small business owners choose to go without business insurance as a way of saving money, but doing so can be incredibly costly in the long run. Business insurance is something that may…Read More

    -Three reasons why you need small business insurance

  • Nobody wants their business to fail. Although it’s impossible to predict the future with 100% accuracy, a cash flow forecast is a tool that will help you prepare for different possible scenarios in the future. In a nutshell, cash flow forecasting involves estimating how much cash will be coming in and out of your…Read More

    -A Beginner’s Guide to Cash Flow Forecasting

  • If you’ve just started working with Xero, it is normal to make a few mistakes while you’re learning. We see mistakes that are quite common – and unfortunately costly – so you should be aware of them if you want to get the most out of Xero’s powerful cloud accounting system. Not connecting all…Read More

    -5 Xero Mistakes Business Owners Make and How To Avoid Them

  • Owning a small business in the construction industry can be incredibly stressful. In addition to the long days and hazardous working conditions, you have to worry about cash flow issues. It can take a long time to collect on payment from your clients or contractors who hired your business, and in the meantime…Read More

    -Three tips for managing construction industry cash flow

  • Everyone wants to achieve financial independence. However, until you have enough income-generating assets, you are unfortunately dependent on someone else such as your employer. Investing in properties, when done right, can provide an ongoing income stream and a cash lump sum when you decide to sell it. If you are a first-time property investor, check…Read More

    -5 Essential Tips for New Property Investors

  • Having total control over your finances can give you an amazing sense of freedom. However, it takes a lot of discipline and hard work for you to be able to achieve this. In this article, we will share some of the most useful tips that you can start now to live a better financial…Read More

    -5 Personal Finance Hacks To Start Now

  • Yes you do.  If your business is incorporated then you are required to have at least one meeting a year of your shareholders. It’s typically called the Annual General Meeting (AGM) and it has a few things that you have to do at it: Receive the financial statements of the corporation, signed by the…Read More

    -Do I need to have an Annual Meeting for my Corporation?

  • IMPORTANT: This post is specific to Canada. If you are not a Canada business/taxpayer then it is probably not applicable to you. If you have a corporation registered Federally (under the Canada Business Corporations Act) rather than Provincially then you need to file an Annual Return with Corporations…Read More

    -Filing your Annual Return for your Canadian Federal Corporation

  • Everyone wants the best for their children, and this includes being rich. Being rich is not just about money– it is about wealth in all aspects of life. In this article, we will share some life lessons you must teach your kids while they’re young to help them grow into adults who can build…Read More

    -Life Lessons to Teach Your Kids If You Want Them To Be Rich

  • Remember when email was new and novel, and everyone thought it would vastly improve communication while freeing up time? It did improve communication on some levels and freed up employee time at first. Now, however, email has become a productivity killer. Workers have to wade through hundreds of emails in their inbox each day,…Read More

    -Email: The productivity killer