The new legislation to extend the JobKeeper scheme has now passed in both houses and received royal assent. With the treasurer releasing...

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...

Some employers need to pay PAYG withholding liabilities to the ATO monthly, even if the BAS is lodged quarterly. The monthly instalment...

Challenges for small businesses coping with debt Risk is part of running a business. You can't easily plan for recession, natural...

Running a business will always mean incurring certain expenses, or ‘spend’. There are always costs, overheads and supplier bills that...

JobKeeper extended until March 2021 The government has announced changes to the JobKeeper payment scheme, which will see it continue...

A business budget is one of the essential tools in managing your business finances and actively building your business. A budget shows...

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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 Accounts...

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...

What is management accounting? Management accounting is a type of accounting that helps businesses understand their financial position on...

Bookkeeping and Depreciation Recently I caught up with my brother, also a business owner where he expressed confusion on how to account...

WHAT IS A BAS AGENT? A BAS Agent, like a Tax Agent, is required to register to provide BAS Services for a fee. BAS Agents are issued a...

Are you new at this? Or a little confused about what you need to get in order for your tax return? Here is a quick guide to all the...

GST at a glance can seem quite simple, but dive in and very quickly you can get swallowed up like Alice in Wonderland or Alice in...

For some businesses this is a HUGE and important question. With so many great software options out there, which one is the best? More...

A bookkeeper at its core is someone who literally keeps the books. However modern day bookkeepers can wear many hats, often with services...