A Basic Understanding of the BAS System
While the types of taxes you pay may vary, tax obligations are inevitable as a business owner. Therefore, you must understand some basic terms, filing procedures and deadlines in order to avoid tax...
View Article6 Tax Terms All Business Owners Should Become Familiar With
Running a business means paying taxes, but this can be confusing if you do not know where to start. Below are just some of the terms you will be expected to become familiar with. Other terms will vary...
View ArticleUnderstanding the Differences Between a Bookkeeper and an Accountant
Like many outside of the field of accounting, you may be unclear about the differences between a bookkeeper and an accountant. As a business owner, this differentiation is important to make since it...
View ArticleThe importance of PAYG Payment Summaries (From a Business Point of View)
Running a business can mean a lot of paperwork; especially since “paperwork” may not always mean physical files. Being overwhelmed with documents and reports may make you yearn for one less reason to...
View ArticleThe Benefits of Having a Competent Bookkeeper
It is easy to take things for granted when you run your own company, especially if it is small or family owned. Accounting practices are often high on this list and can prove detrimental in cases where...
View ArticleHow to Make Third-Party Bookkeeping Affordable On Your Budget
Running a business can be hard no matter who you are. Furthermore, things can be worsened by a lack of organization and a poor understanding of good business practices, both of which can lead to messy...
View ArticleDoes Accounting Software Make Good Business Investments?
How you handle your finances can say a lot about how you run your business. In fact, it may even create the perception that matters the most to lenders and potential investors, so you do not want to...
View Article5 Ways to Simplify Filing Your GST
Filing your GST, or any tax for that matter, should not be a nightmare. True, the process can be long and complicated, but the more you understand the better prepared you can be. This will in turn make...
View Article5 Benefits of Getting Reckon Accounting Software for Your Business
Finding the right accounting software can be difficult with all the choices out there. This is why Reckon (formerly known as QuickBooks) is such a sought after choice. Besides being a trusted name in...
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Importance of using a registered BAS agent for your bookkeeping There are a number of factors to look at when you consider hiring someone for anything. Outsourcing your business task requires the same...
View Article5 Bookkeeping Mistakes Entrepreneurs Often Make
Being your own boss has a number of perks, but it may also come with responsibilities that you dislike dealing with. If you are like a large number of entrepreneurs, then the task of keeping your...
View Article4 Reasons to Drop Your Current Bookkeeper
Unfortunately, there are a lot of bad bookkeepers out there. If your bookkeeper fits any of the following characteristics, it might be time to consider looking for a new one: Reason 1: Your bookkeeper...
View ArticleLeasing vs. Financing
When a person is looking to obtain a new vehicle, they have the choice of purchasing it, usually via financing or to lease it for a certain term. Businesses often weigh the options between financing...
View Article4 Ways to Know You Need Budgeting Help
Every business is required to spend money in order to make any, but this does not mean than you should be spending without a plan. Additionally, the best way to invest in a business is often the way...
View Article3 Tools All Businesses Should Have
Starting and growing a successful business Starting and growing a business takes hard work, dedication, sacrifice, knowing and following the rules as well as having the right tools. This is why you...
View Article3 Reasons Your Bookkeeper Maybe Unable to Save You
Outsourcing to a competent bookkeeper is a good move; however, you could get in the way of the process with the things you do. This is why it is important to communicate well and openly with the...
View ArticleGrowing Your Business with an Interactive Web Design
In today’s fast tech world, having a web site is paramount to the success of any business irrelevant of size. Mobile technology makes accessing the internet easier than ever and social networking is...
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