We all know that End of Financial Year (EOFY) can be stressful, but what if there were some tips to make bookkeeping for your business easier throughout the year and make for a smoother and less stressful EOFY and...
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As we get further into this technological age, more and more areas in everyday life are becoming touched by technology. This is true for the accounting and bookkeeping industry as well. Technology has stepped in and transformed some of...
As a business owner and operator, it is important that you understand the requirements of record-keeping for your business. You are responsible for keeping detailed records of all transactions related to your tax and superannuation affairs for the lifespan...
Struggling with the growing demand of bookkeeping for your business and ready to outsource to a bookkeeper, but still have a few questions? When it comes time to hand over the bookkeeping for your business, one of the...
That time of year you may dread as a business owner is just around the corner. That’s right End of Financial Year (EOFY), where you’ll need to complete bookkeeping, tax returns and start planning for the new financial year....
A smooth and efficient payroll process often goes unnoticed in a business, but when the process doesn’t work it can be very noticeable and lead to unhappy employees. However, there are steps you can take to ensure that you...
If you are wanting to make sure your business is running efficiently, and your books are always up to-date you may want to look at outsourcing your bookkeeping. If you are unsure about whether or not your business...
Single Touch Payroll (STP) is the way you report your payroll information including wages and salaries, pay as you go withholding (PAYGW) and super information to the ATO and has been around since July 2018. You can read more...
With the implementation of Director Identification Numbers (DIN’s or Directors ID’s) approaching, it is important to understand the new obligations for those in the position of director. The Director ID is a unique 15-digit identifier that is issued to...
Not sure why a cloud-based based accounting system might be best for your business? Let’s start with the basics, what is a cloud-based accounting system? A cloud-based system also known as online accounting software or web-based accounting...