Getting your bookkeeping ready for a digital future
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...
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Jan 14, 20231 min
Making any New Year's Resolutions this year?
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...
Dec 24, 20221 min
How to accept payments online – and why it’s smart
One of the best things about online shopping is instant, hassle-free payment. Enter your details, click, and you’re done. If your...
Oct 30, 20222 min
Cash or Accrual Accounting – What’s the Difference?
There are two methods of calculating the amounts stated in business financial reports, and the difference is all in the timing. Cash...
Sep 23, 20224 min
Making sure your new business finances are in order
Getting your head around the basics of bookkeeping, accounting and good financial practice may not come naturally to all business owners....
Feb 24, 20224 min
The Vital Role Bookkeepers Play in Helping Business
Bookkeeping is more than just keeping the financial records up to date and accurate. It is about understanding business processes and...
Jan 21, 20222 min
What is Single Touch Payroll Phase 2?
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...
Jan 17, 20221 min
Your Q3 Deadlines for the Diary
Don’t let the relaxed summer holiday feeling distract you from your business lodgment responsibilities! Lodgment and payment deadlines...
Dec 14, 20212 min
Do Your Employees Want to Cash Out Annual Leave? Here's the lowdown.
Are your staff asking to cash out annual leave? There are some important rules to remember before paying out annual leave. Firstly, you...
Dec 1, 20211 min
Single Touch Payroll Phase 2 Starts in 2022
All employers have to report payments made to employees and closely held payees to the ATO using Single Touch Payroll reporting from July...
Nov 21, 20214 min
Outsourcing Bookkeeping for your business
Small business owners are constantly seeking new ways to improve their businesses. But when you're juggling the role of director,...
Aug 23, 20212 min
Cash is not profit and vice versa
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...
Aug 13, 20212 min
How to effectively handle employee conflict
Conflict is common in most workplaces. While it may not seem too detrimental at low levels, research has found that serious conflict and...
Feb 8, 20211 min
Your monthly activity statement (BAS) is due on the 21st
Your monthly activity statement is due by the 21st of this month. Use the following checklist to make sure you are ready for lodgement...
Sep 9, 20201 min
Why bookkeeping is essential for your small business
As a small business owner, do you need a bookkeeper, an accountant, or both? Bookkeepers can seem a little mysterious. In fact, they deal...
Oct 23, 20191 min
Quarterly Newsletter
Check out our new quarterly newsletter!
Oct 23, 20192 min
General What?
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...
Oct 23, 20191 min
Why you need a direct bank feed
Direct Bank Feed gives you an up-to-date view of your business bank accounts, right from inside your accounting software! Bank feeds...
Oct 23, 20191 min
Getting started: Convert to Xero from another accounting system
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...
Oct 23, 20193 min
Why do you need a bookkeeper?
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...
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