Home » accounting There are many cloud accounting options that bookkeepers and small business owners can consider, including MYOB Essentials. MYOB Essentials is designed for small businesses yet incorporates advanced features including comprehensive reports, bank feeds and task automation. What are the benefits of using cloud accounting versus traditional accounting software? Secure access to …
Important dates not to be missed. BAS Reconciliation and Common Issues All businesses registered for GST must lodge their Business Activity Statement (BAS) by 28 July 2019. If you have made quarterly BAS lodgements, this final lodgement should be easier and quicker to reconcile. However, make sure you take the following steps to avoid common …
The national minimum wage increased by 3% from 1 July 2019 to $19.49 an hour which, according to the Fair Work Commission, will affect over 2 million workers. Who does it apply to? It applies to: all modern awards for employees on minimum wage; and the national minimum wage for award free employees. This …
Are you ready for the minimum wage increase from 1 July 2019? Read More »
As we get close to the end of the financial year, we hope that our tips on coding and processing are useful and help you avoid some common errors. Purchases If you are looking to purchase a motor vehicle for your business, generally this purchase will have GST in the purchase price. There is however …
Tips on Processing Motor Vehicle Purchases and Sales Read More »
We’ve all heard the term Chief Financial Officer (CFO) and we know what it is, right? They handle everything related to a company’s finances – reporting and analysing your financial results, overseeing cost-benefit analysis, cost control, securing new funding etc. As financial management is a crucial component in the running of a company, a CFO …
Why Virtual CFOs are the future of financial services Read More »
Have you ever wondered why Xero is so popular with Accountants & Bookkeepers? This short video runs through some of the main Xero features which can save you time and money. Keep an eye on our blog for other short videos coming soon!