The move to Single Touch Payroll will set a new standard for payroll reporting. The new requirements will significantly change how all businesses report to and engage with the ATO. From 1 July 2018, the ATO started real time reporting for businesses that employed...
Single Touch Payroll Roll Out to Employers with less than 20 employeesLegislation to extend Single Touch Payroll to include employers with 19 or less employees has now been passed.From 1 July 2019, all employers, regardless of the number of employees, will need to start reporting...
Reports you should be using to check your business performance…. Each day, week or month, you should be printing these reports and analysing your business performance. Doing this gives you an understanding of your data to help run a better business. Below are the reports I would...
Single-Touch Payroll …. So, Single-Touch Payroll is nearly here, but is your business ready? If you are a Payroll Officer, or process payroll, there are steps you need to prepare for Single-Touch Payroll. If you employ 20 or more people, whether they are full-time or otherwise, you must...
So, are you one of these people who have a shoe box or several shoe boxes full of receipts, payments and customer invoices?Or do you have bits of paper, receipts and payments all over your working desk, in your glove box or tool box? Or...
How do we find a great bookkeeper?Training and accreditationAll bookkeepers should have some sort of bookkeeping or accounting training and qualifications, and be registered as a BAS Agent with the Tax Practitioners Board. This means that they have been satisfied by the TPB (Tax Practitioners...
Why should End of Financial Year be a stressful time? As a business owner you need to plan ahead to meet all the compliance obligations and deadlines. An important goal is to implement systems and to be organised. Keep up to date with your finances and collate...
Bank feeds lets you automatically import your banking account transactions into your software package from your bank or other financial institutions. Once your bank feeds are automatically running, you will no longer need to download and import your bank statements into your software package. Linking your bank...
So, not sure what Cloud Accounting means, well, let me put it in a nut shell. Cloud Accounting is accessing software applications and your data files remotely. Users access this through the internet or other network. Your data is securely stored, to which frees the business...
As End of Financial Year for June 2017 is just around the corner, we need to do a few house- keeping items to make sure that our end of year is smooth and easy. As this is an important time, it can be a busy...
