Three Consequences of Avoiding your Bookkeeping

If you ask 100 business owners what they like least about running a business, chances are good that bookkeeping will rank high on the list. It's an annoying and frustrating chore that takes up a lot of time and is easy to put off until tomorrow. Avoiding your bookkeeping is dangerous. Not knowing your [...]

Three Ways to Speed up Invoicing

Everyone likes making money, especially small business owners. Invoicing, however, is typically one of the tasks that small business owners like the least. Chores like creating and sending invoices get set aside for other duties that are seen as more enjoyable or even more urgent. You tell yourself you'll get around to it tomorrow, [...]

2021-03-25T14:44:14+10:00March 25th, 2021|BAS, Bookkeeper, construction, Financial, Hawkesbury, Sales, Trades, Uncategorized, Xero|

5 Most Common Accounting Mistakes That Could Hurt Your Business

Many small business owners tend to handle their own accounting and bookkeeping, especially when they’ve just started out. However, keeping track of the finance-side of the business-- everything from income to expenses to tax compliance-- can be overwhelming. Mistakes can happen quite easily and can have costly consequences to your business. Below are five [...]

2021-02-26T09:33:37+10:00February 18th, 2021|BAS, Bookkeeper, construction, Financial, Hawkesbury, Sales, Trades, Uncategorized, Xero|

Fuel tax credits to claim on your BAS

Fuel tax credits provide businesses with a credit for the fuel tax that is included in the price of fuel used in machinery, plant and equipment, heavy vehicles and light vehicles travelling off public roads or on private roads. Have a professional bookkeeper calculate your fuel tax credits correctly for your next BAS.    Contact us [...]

2021-02-08T18:22:58+10:00January 25th, 2020|ATO, BAS, Bookkeeper, Hawkesbury, Taxes|

Are you falling behind with your bookkeeping?

Bookkeeping is usually the last tedious job to do when running a business. Who has the time right? It's hard enough keeping up with your invoicing, chasing your customer's payments and paying your staff. That's why you should not feel worried about asking for help from a professional bookkeeper. We aim to take the burden [...]

2021-02-08T13:21:00+10:00December 14th, 2019|ATO, BAS, Bookkeeper, Financial, Governments, Sales, Taxes, Trades|

Bookkeeping for manufacturing industry

I have a few clients that are in the manufacturing industry in the Hawkesbury area. While they are busy with their business, there is no time to keep their books up to date. They need a bookkeeper to keep on top of it all and especially a BAS Agent to lodge the ATO monthly and quarterly returns [...]

2021-02-12T15:22:28+10:00October 23rd, 2019|ATO, BAS, Bookkeeper, Financial, Xero|

Are you still using Spreadsheets?

Are you still using spreadsheets? If you are an employer, you will be required to start Single Touch Payroll so you will need accounting software to report your payroll to the ATO. Another advantage of online software is to run your reports for example Profit and Loss to see how your business is running. You [...]

2019-09-19T10:12:45+10:00August 31st, 2019|ATO, BAS, Bookkeeper, Financial, Xero|

Starting a New Business?

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 [...]

2019-01-09T12:43:09+10:00January 4th, 2019|BAS, Bookkeeper, Financial, Taxes|

Do you have an employee or sub-contractor?

When hiring you must check first whether they are an employee or a contractor. Its important because it can affect your tax and super obligations. Penalties may apply if you do not get it right. You can use the ATO Employee/contractor decision tool to help you decide. ATO employee decision tool Link  

2019-01-21T14:19:43+10:00January 4th, 2019|BAS, Bookkeeper, Financial, Hawkesbury, Trades|
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