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So far Sally has created 13 blog entries.

Superannuation is a big deal!

With the new Single Touch Payroll system in, the ATO is now receiving data from the Superfunds and will match it to the payroll records. Penalties have ramped up as well as the ATO audits for unpaid Super. Employers not doing the right thing can expect a visit from the ATO.  

2019-07-15T16:20:01+10:00July 13th, 2019|ATO, Bookkeeper, Financial, Payroll|

New Financial Year for your tax return

Maintain separate business and personal records. Have a separate bank account for business transactions only. Keep your records for 5 years. Set aside time to review and update your records Keep records electronically wherever possible. Software can help you report income and claim expenses correctly. ATO Small Business Newsroom

2019-07-13T16:01:23+10:00July 11th, 2019|ATO, Financial, Governments, Taxes|

Xero billing scams

Be aware of your Xero billing invoices. Your Xero invoices will have your business name on them and will not be sent as "Dear Client". Do not click on the link unless it shows your business name. Xero has said the following:- Note: we have recently seen fake Xero subscription invoice emails being sent out [...]

2019-05-28T15:00:35+10:00May 28th, 2019|Xero|

MYOB Accountright 2019.2 Upload for Single touch payroll

MYOB Accountright 2019. Ive met with 2 new clients that have the latest version of MYOB on their computer but its Local library (desktop) only. If you have employees, you will need to start Single Touch Payroll by 1st July 2019 as it is now tax law. https://www.ato.gov.au/Business/Single-Touch-Payroll/ To do this your MYOB accountright file [...]

2019-05-28T14:49:18+10:00May 15th, 2019|BAS, Bookkeeper, MYOB|

Be aware of Phone ATO Scams!

PHONE SCAM ALERT! Listen out for suspicious calls claiming to be from the ATO. Scammers are ‘spoofing’ our phone numbers so it looks like the ATO are calling. They’re also leaving our numbers on voicemails to make their contact seem real. While these calls may appear to be from us, remember that we’ll never: • [...]

2019-05-28T14:55:11+10:00April 22nd, 2019|BAS, Bookkeeper, Financial|

MYOB Accountright New Release 2019.1

The latest MYOB Accountright new release version 2019.1 has some new great new features. Fully customisable invoice reminders. You should now get paid faster from your customers! Let customers pay multiple invoices at once. Automatically save invoices to your In Tray when you work with other MYOB users. Finding transactions much faster!  You now have [...]

2019-03-17T04:11:37+10:00March 16th, 2019|Bookkeeper, Hawkesbury, MYOB, Sales|

What Tradespeople want from their bookkeepers

Are you looking to save time? If you are doing your accounts on paper, or using spreadsheets you can save more time with online accounting software.  You also get a clear picture of how the business is performing. Simple pricing budgets   You can have a fixed monthly price to include your software and all the [...]

2019-03-16T11:30:12+10:00January 20th, 2019|BAS, Bookkeeper, Financial|

Top GST mistakes in BAS reports

It's easy to make a mistake when preparing your BAS.  That's why a certified bookkeeper/BAS Agent would be valuable in ensuring the ATO reporting is correct. Many business owners make mistakes on the Hire purchases/Lease of Vehicles or Plant & Equipment on their BAS. Incorrect tax codes in your chart of accounts - this affects [...]

2019-01-21T14:07:23+10:00January 20th, 2019|BAS, Bookkeeper, Financial, Taxes|

Why do you need a Registered BAS Agent?

A qualified bookkeeper can save you on time and processing the receipts, payments and expenses is only part of the job. They also have to review the numbers on the reports so they make sense for the business. They are keeping in touch with the ATO's latest rules and ensuring clients are compliant to deadlines. [...]

2019-01-04T13:17:52+10:00January 5th, 2019|BAS, Bookkeeper, Financial|