Are You Really Lodging That BAS? 3 Steps To Know If You Are Doing It Right

One of the most common questions I get asked is “Justin, do I have to go to a tax/BAS agent to lodge my Business Activity Statements (BAS)?” The short answer is no, you do not. However, the question remains, SHOULD you be lodging your own BAS? While it would save you some money in the […]

Hire a Bookkeeper or D.I.Y?

A make-or-buy decision is a common problem that businesses large and small have to solve. Small businesses have an even more difficult time deciding if it’s best to make or buy something, as they have limited resources in both time and money. Small businesses learn to make the most of the resources they have. As […]

What does Bookkeeping actually do?

Now that you’ve gotten your business off the ground, who is going to keep track of the financials? This is where a good, reliable, trustworthy bookkeeper comes in. A good bookkeeper will accurately maintain the financial records for your business in an efficient manner in a way that you may not have the knowledge or […]

How to prevent Payroll Fraud?

What is payroll fraud? What can your business do to prevent it? Payroll fraud is theft from a business that occurs via its payroll processing system, usually by an employee. Miscalculations in the payroll process can cause massive issues fluctuating from financial losses to a weakened company reputation. There are many ways payroll fraud can […]

Paperless Payroll

No longer does running payroll require you to print out and maintain mountains of paperwork. Today’s online payroll systems help small business make the process completely paperless. Rather than having to print out payroll reports, pay employees with paper checks, and record time and attendance via a paper time sheet, online payroll programs let you […]

Changes to personal leave: Paid personal leave to be accrued in days not hours.

If you’re in HR and you deal with shift workers, Federal Court ruling might have you re-configuring the payroll. The majority of the Full Federal Court handed down an important decision in Mondelez v AMWU & Or’s [2019] FCAFC 138 On 21 August 2019, that all full time and part time permanent employees are entitled […]

How to Catch-up on your Bookkeeping?

You started your business because you have a special gift that makes you really good at what you do. But like every small business owner quickly finds out, managing your business takes almost as much time, as the time you get to do the things you actually enjoy doing to grow your business. As tempting […]

What happens if you don’t do Bookkeeping?

Would you rather spend a Friday night in catching up on your company’s bookkeeping or would you much rather be spending a well deserved night out with your friends and family? Or you could also be staying in to watch Netflix & Chill with a glass of wine (like we would)? The answer is pretty […]

2 Xero Tools To Improve Your Operations

Have you ever felt lost as update progresses and feel like you are getting left behind? You’re not alone! With so much information these days, it does get difficult to sieve through what is MOST important to you at this current point in time. Let’s cut to the chase then, shall we? Here are 2 […]