There are terms and acronyms every Australian business owner needs to be familiar with to avoid trouble in tax collection. One of the most common acronyms you’ll hear is BAS. If you’re a new entrepreneur, you’ve probably wondered what it is. In this article, we will talk about what a BAS is, what you need…
Author: office@moruyabookkeeping.com.au

Common Bookkeeping Errors
Commom Bookkeeping Errors Discovered in Many of Xero, Quickbooks and MYOB Files In recent years, many business owners have shifted to Cloud booking. Not only do these accounting software store lots of data, they can also perform quicker operations, saving business owners a lot of time. Inputting data has also become easier with Cloud bookkeeping.…

5 Tips for Managing Business Finances
As an entrepreneur, you need to be good in managing both your personal finances and business finances. Business financial management is more than balancing accounts and bookkeeping. As an entrepreneur, you need to carefully look at the purpose of your finances, right from the start. You must have a plan on how you can survive…

Basics of Payroll Accounting
Happy employees are essential for the growth and development of any business. Many employees look forward to their paydays, hence, good employers should pay their employees accurately and on time. For accurate employee payment, it is essential to make the right deductions, add the deserved allowances, and contribute to superannuation. This practice is vital, not…