Keeping up-to-date records of your business transactions isn't the most glamorous part of being an entrepreneur, that’s for sure. But, in...

It’s probably been a while since you made New Year’s resolutions. For many businesses, the challenges of the last couple of years have...

One of the best things about online shopping is instant, hassle-free payment. Enter your details, click, and you’re done. If your...

There are two methods of calculating the amounts stated in business financial reports, and the difference is all in the timing. Cash...

Getting your head around the basics of bookkeeping, accounting and good financial practice may not come naturally to all business owners....

Bookkeeping is more than just keeping the financial records up to date and accurate. It is about understanding business processes and...

This is the next part of the STP rollout. Where Phase 1 was a way of reporting employees’ tax and superannuation to the Australian Tax...

Don’t let the relaxed summer holiday feeling distract you from your business lodgment responsibilities! Lodgment and payment deadlines...

Are your staff asking to cash out annual leave? There are some important rules to remember before paying out annual leave. Firstly, you...

All employers have to report payments made to employees and closely held payees to the ATO using Single Touch Payroll reporting from July...

Small business owners are constantly seeking new ways to improve their businesses. But when you're juggling the role of director,...

The purpose of a business is to make money, and that means you have to know the difference between profit and cashflow. Net profit is...

Conflict is common in most workplaces. While it may not seem too detrimental at low levels, research has found that serious conflict and...

Your monthly activity statement is due by the 21st of this month. Use the following checklist to make sure you are ready for lodgement...

As a small business owner, do you need a bookkeeper, an accountant, or both? Bookkeepers can seem a little mysterious. In fact, they deal...

Check out our new quarterly newsletter!

Over your business lifetime you are going to hear a lot of general journals and general ledgers – but what are they? If you are like most...

Direct Bank Feed gives you an up-to-date view of your business bank accounts, right from inside your accounting software! Bank feeds...

If you’re just starting to use Xero, here’s a good guide to converting from your previous system! And if you need help McGregor...

What can a bookkeeper do for you? In my previous blogs I have covered many topics such as what is a bookkeeper? How bookkeeping ties into...