As with any industry, medical centres have a number of unique bookkeeping challenges and requirements. The majority of practices have low margins, and so it’s extremely important to be able to avoid…
Author: Teohara
Simpler BAS
From 1 July 2017, Simpler BAS is the default reporting method for small businesses with a GST turnover of less than $10 million. They have less GST information to report on their BAS. Small…
Bookkeeping for Tradies
Ask any tradie what holds them back in business, and often the answer will be paperwork. There is no better (or should we say worse) killer of time than having to sit…
Payroll Outsourcing for Melbourne Small Businesses
Small business owners in Melbourne realize that growth often means changes in the way things are done. As employees increase in number, for instance, payroll processing may become too much for business…
Why Consider Online Invoicing?
In the traditional business model, invoices are created at the end of each billing period. Then they’re printed, put in an envelope and mailed to the customer. Many companies still do business…
The #1 Thing to Look for When Hiring a Bookkeeper
There could be a lot of reasons you need to hire a bookkeeper or an accountant. Maybe your last one quit or your staff is overloaded. Maybe you were ripped off or are afraid…
Importance of Keeping Good Accounting Records
Unless your business is provision of accounting services or bookkeeping services, keeping financial records is probably not what you do best. Most likely, you’d rather spend your time selling your product or…
Steps to Easy Inventory
Many business owners are not too keen on doing or getting involved in inventory management. Well, it’s not exactly an exciting task but nonetheless very important in keeping the cash flow strong….
Awesome Bookkeeping Practices for Entrepreneurs
We hear you. You’re not exactly looking forward to handling the financial aspects of your business, but of course you understand how significant they are in keeping your venture secure and profitable….
Quick Guide to Setting Up a Business in Melbourne
Setting up a business is a milestone for many and if you plan to put up one in the lovely city of Melbourne, the excitement you feel may be coupled with a…