As your business grows and you find the need to take on more employees to help you keep up, one of the most important skills you need to learn is ensuring you…
Property & Construction Accounting
Players in the property and construction industry have an impact on every facet of modern life. From residential and commercial construction to large infrastructure projects, to property developers or investors, businesses in…
Payroll Tax
Payroll Tax is a state tax on the wages paid by employers. It’s calculated on the amount of wages you pay per month and collected in each state or territory that your employees are…
Smart Budgeting Tips for Small Business Owners
Running a small business often means having small budget, too. With startup costs, loans and other expenses, it can be difficult to get your feet planted. Businesses of all sizes experience financial fluctuation,…
2018 Australian Tax Year Key Dates
The Australian fiscal system can seem daunting, especially if you’re emigrating there for a permanent work position and are due to start paying taxes there for the first time. However, unlike countries…
Accounting for Public Sector Entities, Higher Education & Charities
The not-for-profit sector includes higher education providers, TAFEs, charities, and federal, state and local governments. Not For Profit organisation will generally need to make and spend money, if only to cover the…
Point-of-sale (POS) systems
When starting your business, it’s important to consider how you’ll capture and record your sales data. Gathering this information effectively can help you to measure your success over time and manage your…
Medical Bookkeeping
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…
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…