Learn how to setup and lodge your payroll information using single touch payroll in these two popular packages. Topics include:

• checking your payroll employee details
• fixing errors
• assign ATO categories to your payroll categories
• connecting to the ATO
• payroll reporting

Get an update of changes in rates and thresholds together with any other factors affecting payroll processing for the 2019/20 financial year. Topics include:

• Single Touch Payroll Update
• Allowances
• Fairwork changes
• Payroll Tax rates
• Updated tax rates and thresholds
• Changes to termination payments (under awards)
• Long service leave changes (VIC)

Gain an awareness of the mandatory National Employment Standards (NES) and how it affects employment arrangements. Topics include:

• Who the standards apply to
• Overview of each of the 10 standards
• Effects of the standards on employment arrangements

Are you paying your employees correctly? Learn how to find and interpret the Modern Awards that apply to your business or industry. Topics include:

• Overview of modern awards
• The award finder
• Award interpretation
  • Application and Operation
  • Consultation and Dispute Resolution
  • Types of Employment
  • Classification and Minimum Wage Rates
  • Hours of Work and Related Matters
• The ramifications and costs of incorrect modern award interpretations

Make sure that you are completing the BAS correctly in the following key areas:

• Processing motor vehicle purchases
• Finance arrangements
• Purchasing vehicles costing more than the motor vehicle cost limit
• Trade-ins
• GST on inputs
• The latest FTC rates
• Tips on tracking and coding fuel usage and FTC transactions

Logical functions are used to compare values to return different results. They have numerous applications for bookkeepers as you will find out in this session. You will be using IF, AND, and OR statement to perform operations such as:

• Pass fail operations
• Sales and commission calculations
• “Nested Ifs”
• Product pricing based on quantity
• Error elimination

Learn how to design financial formulas using Excel that you will be able to use in:

• borrowing and financial schedules.
• investing formulas
• discounting formulas
• depreciation formulas

Learn the fundamentals of depreciation and how to process deprecation in Xero. Topics include:

• Depreciation concepts
• Tax depreciation options
• Purchasing Assets
• Setting up depreciation in Xero
• Running depreciation and posting entries
• Depreciation reporting

Learn about these termination methods and how to process them in your software package. Topics include:

• Key definitions
• Tax Free treatment
• Dealing with the excess over the tax free amount (ETP)
• Termination checklist
• Demonstration of a termination in MYOB

Get up to date with the latest legislation for payroll officers and business owners. Topics include:

• domestic violence leave
• casual and part time entitlements
• cultural & religious holidays
• protecting vulnerable workers
• penalty rate changes in some awards

Entertainment expenditure can be a minefield for Bookkeepers.  Get clarification of the various types of entertainment expenses and how to code them correctly. Topics include:

• Tax deductibility of entertainment
• Key ruling to determine the correct coding
• The difference between staff amenities and entertainment
• Setting up your chart of accounts and processing entertainment
• When food and drink is not classified as entertainment eg. Travel

This session is designed for Bookkeepers to get more out of the functionality of MYOB and provide a better service to your clients. You will learn how to:

• Create jobs and sub-jobs
• Create job budgets and compare actuals v budgets
• Integrate job costing timesheets with payroll
• Invoicing a job
• Job reporting

Designed to give bookkeepers the basics of taxation , assessable income, allowable deductions and the effects on coding of transactions. Topics include:

• choosing a business structure
• registering a business for tax purposes
• calculating income tax
• assessable income
• allowable deductions what you can claim
• claiming motor vehicle expenses
• tax concessions for small business

Designed to give bookkeepers the basics of taxation , assessable income, allowable deductions and the effects on coding of transactions. Topics include:

• choosing a business structure
• registering a business for tax purposes
• calculating income tax
• assessable income
• allowable deductions what you can claim
• claiming motor vehicle expenses
• tax concessions for small business

Get yourself up to date with the latest features and functions of this popular accounting package. You will be taken through key development in areas such as:

• Projects
• Payroll including an STP update
• Invoicing
• Simplified BAS