What Tradespeople want from their bookkeepers

January 20th, 2019|

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 accounting (you don’t have time for) to clean up your current messy paperwork. With the ATO [...]

Top GST mistakes in BAS reports

January 20th, 2019|

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 the reporting on the BAS. Claiming GST on ALL expenses when some do not have [...]

Why do you need a Registered BAS Agent?

January 5th, 2019|

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. A Registered BAS agent can do all this for you and take care of speaking [...]

Starting a New Business?

January 4th, 2019|

When you start a business, there are tax and super responsibilities you need to be aware of, including: the tax implications of your business structure whether you're entitled to an ABNExternal Link   registering your business records you need to keep deductions you can claim. Before you get started there are a few things to consider when your tax and other obligations start - this will depend on whether you are [...]

How to choose the right business Bookkeeper

January 4th, 2019|

Efficient, knowledgeable and organised A good bookkeeper understands your business processes, your industry and what is required for your business. Bookkeepers make sure processes are in order to provide you with necessary reporting so you meet the ATO deadlines. We have an excellent eye for detail and care about keeping your records up to date and accurate. Trust & Confidentiality Trust is essential for both parties. The relationship needs to [...]

Single Touch Payroll – New from ATO

January 4th, 2019|

 Are you ready for Single Touch Payroll? From 1st July 2018 Single Touch Payroll starts and will be mandatory for all employers that have 20 or more employees         From 1st July 2019 Single Touch Payroll starts for ALL employers and will be mandatory (under 20 employees) By then your software provider should be ready to be compliant to this new ATO rule. The employer pays employees using their Payroll software. [...]