As your company grows and expands, the services of a bookkeeper can help you in many ways. After reading this, you can decide whether a bookkeeper will add value to your business. Saves Time: Do you want to save a...
Read More
What actually can bookkeepers do at the moment to help facilitate change within your business? Here are some simple steps that bookkeepers should be thinking about if they really want to proliferate in profits in future. Familiarise yourself with...
A bookkeeping checklist can lead the way to the daily, weekly, quarterly and annual tasks you must complete keeping your business on track. Apply following in your bookkeeping routine and keep your business fit and healthy. Checklist: Daily: Keep...
A Chart of Accounts is a list of the account used for organising the financial transactions in the bookkeeping. It is difficult to enter a transaction into the system without putting it into an account where it belongs...
26th January 2021, Tuesday is the Australia Day as Public Holiday. There is no additional holiday since it falls on a weekday. Employees will incur additional rates for this public holiday. Public Holiday penalties apply differently to different awards...
JOBKEEPER EXTENSION PERIOD 2 – STARTS 4 JANUARY 2021 the second JobKeeper payment extension period will commence from Monday 4 January 2021, covering JobKeeper fortnights up to Sunday 28 March 2021. If eligible, you can enrol for the second...
The Guideline has now been extended until 30.06.2021. This Guideline covers working from home and additional expenses related to that. The Practical Compliance Guide provides 80cents per Hour for running expenses. Taxpayers need to the required record of Number...
ATO has introduced the JobMaker Hiring Credit. Employers can claim JobMaker Hiring Credit payments to help with the cost of hiring additional employees. The employer is not required to pass the payment on to employees. Employers can claim arrears...
Your business is a mirror of how you are doing in your activity/business. Most of the time a small business uses a spreadsheet for quick reference. As the business grows, owners do not realise the need for structure recording...