Bookkeeping

man calculating budget, numbers and Invoices

Are you using a registered BAS Agent to manage your businesses financials?

Did you know that outsourcing in your business can save you money? How? As it frees up your time, as the business owner, to spend time on other areas of your business that will generate sales and profit. It is common for business owners to outsource the bookkeeping for their business to an experienced professional. …

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Single Touch Payroll (STP) Phase 2 is coming. As an employer, do you understand the changes?

July 2021 marked two years since the introduction of Single Touch Payroll (STP). The Australian government initiative has been well received by most as it enables a streamlined process of reporting tax and superannuation information to the Australian Tax Office (ATO). Employers reporting process is further being streamlined with a STP expansion known as STP …

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Keep Up to Date with Changes Relating to Employees and Their Choice of Superannuation Fund

It is important for business owners to keep up to date with changes regarding employees and their superannuation contributions. The law relating to employees and their choice of superannuation fund changed from the 1st of January 2021. From this date onwards for new workplace determinations and enterprise agreements, employees have the right to choose which …

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Understanding Changes for Casual Employees of Small and Non-Small Businesses

It is important for business owners to keep up to date with the ever-changing requirements for employees. Changes to the The Fair Work Act 2009 (FW Act) came into effect on the 27th of March 2021 and changed workplace rights and obligations for casual employees. The amendments to the Act introduced a definition of casual employment, a casual employment information …

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Simpler BAS

BUSINESS ACTIVITY STATEMENT (BAS) MADE EASIER Ever been confused by the GST labels on your Business Activity Statement (BAS)? Or felt unsure about which classification code to use? We can assure you; you’re not the only one. Many of our small business clients struggle with the current BAS – and rightly so – it’s complicated. …

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Cloud-Based Accounting

WHAT IS CLOUD-BASED ACCOUNTING No doubt you’ve heard the term ‘The Cloud’ bandied around conversations, articles, or the office, but what does it actually mean for the way you do business? For us, cloud-based accounting software means we can perform real-time bookkeeping services without being in the same physical location as you, our clients. Everyone …

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