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Home » Xero or MYOB? Bookkeepers and Students tell us which one they prefer! We asked our 3000 members of the Applied Education Bookkeeping Facebook Group if they preferred MYOB or Xero to use day-to-day. The results were surprising. Xero was the preferred option with 115 votes, compared to MYOB with 46 votes. We still […]
Home » What is Fringe Benefits Tax (FBT) and how is FBT calculated? What is Fringe Benefits Tax (FBT) and how is FBT calculated? Fringe benefits tax was introduced in legislation in 1986; prior to this businesses were providing things like cars, corporate boxes and lunches tax-free to employees, their families and executives with very […]
Home » MYOB AccountRight Latest 2020 Version Update 2020 has been a massive year for both accountants and bookkeepers. As this year draws to the end, MYOB has launched an important update in response to the recent JobKeeper 2020-21 Personal – ATO Payroll Process Requirement Updates. MYOB Latest Version Updates AccountRight 2020.3 Release Multi-Currency Enhancements […]
Home » 2020-21 Personal – ATO Payroll Process Requirement Updates for All Businesses. ATO Payroll process Updates After a shaky year due to the pandemic causing a full scale economic catastrophe globally, the Australian Government is slowly making the necessary adjustments to follow suit. These updates will reflect on processes applicable to tax cuts. Starting […]
Home » The long awaited 2020 Federal Budget is finally here. 2020 Federal Budget What does the budget mean for bookkeepers and your clients? We have highlighted two key benefits that will have an immediate impact for bookkeepers and business owners. Instant Asset write off Losses carried back 2020 Federal Budget – Instant Asset Write […]
Home » Is A Diploma Of Business Worth It? Is a diploma of business worth it? If you are considering starting your own business in Australia or maybe even stepping up to a new leadership position within the organisation, the BSB50215 Diploma of Business online course is one such pathway to success. But if you […]