What every business must know
COVID-19 Survive And Thrive: 5 Cash Flow Tips For Small Business Owners
The global pandemic, COVID-19, has caused widespread movement restrictions, social distancing, and business closures in an effort to drastically slow down the spread of this highly contagious disease. Small businesses, said to be the backbone of the Australian...
How Your Business Can Access The Covid-19 Cash Flow Boost
The Covid-19 Cash Flow boost is undoubtedly among the best incentives for business and if you qualify it is well worth understanding how your business can get a cash flow boost during the next few months. Below is a summary of the questions with answers to the main...
What Is The Difference Between A Bookkeeper And A Tax Agent In Australia?
Depending on the type of services that your small business requires it is important to know the difference between a Bookkeeper and a Tax Agent (Accountant). Most people usually ask this question because it is very difficult to know where the Bookkeeper’s role ends...
What Is Single Touch Payroll And How Does It Work?
Single Touch Payroll is a new regulation that requires gross pay, tax and superannuation information to be reported to the ATO with each payrun.
Ultimate Guide To Good Record Keeping
In this article, we will look at why record keeping is one of the key responsibilities of a small business owner and what happens when there is no systematic or coordinated record keeping. Common Myth I should only keep documents after I start making money True/False...
How To Use The Undeposited Fund Account In QuickBooks Online
The Undeposited Account is useful because: It helps to keep paid or closed invoices separate from open or unpaid invoices when cash has been received. Using it will delay cash book updating until the funds are in the bank making bank reconciliations...
