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Difference Between a Bookkeeper and an Accountant

For many business owners, especially start-up, small and medium sized businesses; it can be confusing as to whether they need an accountant or a bookkeeper. To most people, bookkeeping and accounting seems like very similar professions. If you haven’t studied accounting or bookkeeping, it’s hard to tell which functions fall to a bookkeeper and which

Is Outsourced Bookkeeping Better Than Inhouse Bookkeeping?

Are you wondering whether you should hire an in-house bookkeeper or outsource the bookkeeping tasks from a bookkeeping company? While many businesses are dependent on inhouse bookkeepers to handle their bookkeeping needs; most of the time, the one doing the tasks is an office assistant. Allowing someone, who is not a specialist, to handle your

Questions to Ask when Hiring a Bookkeeper

Hiring a bookkeeper can be daunting and scary for small and even medium-sized businesses. While interviewing a bookkeeper or a bookkeeping company, most business owners often ask the wrong questions. Thus, the bookkeeper or bookkeeping firm are unable to get a full grasp of the needs of the business. If you’ve been through many firms

JobKeeper payments

To our Valued Clients, We hope you are in good health and in the best of spirits. We have become aware of certain circumstances that may impact your business and felt that it was crucial to keep you informed. A friendly insurance broker advised us that jobkeeper payments MAY be taken as a contribution to

JobKeeper Payment – Frequently Asked Questions

General WHAT IS THE JOBKEEPER PAYMENT? The JobKeeper Payment is a payment made to eligible businesses and not-for-profits affected by the Coronavirus to support them in retaining employees. Eligible businesses that elect to participate will receive a payment of $1,500 per fortnight per eligible employee to support the people they employed as at 1 March

Important Information for Employers and Small Businesses

Hello everyone! I just got a short update yesterday from watching one of the software companies regarding ‘JobKeeper’ funds for employers. Instead of calling /ringing ATO, use the link below. Because they’ll most certainly advice you to go to this link anyways. https://www.ato.gov.au/general/gen/JobKeeper-payment/?=redirected_JobKeeperAs As of March 30, 2020, affected businesses, who employ staff; may Register

Tips to Make Bookkeeping Easier

Once you start a business, you’re expected to quickly absorb information on new topics, and perform several tasks you’ve probably never done before. And, unless you’ve had prior business financial experience; coping with a business’s economic side is likely to be new to you. These tips show you how to do bookkeeping, and, will increase

Keep Your Business Finances in Order with Bookkeeping Services Canberra

Managing a company’s financial position is a critical part of running a business. Without this information, you can’t project where your business is heading, how your revenue and expenses are stacking up. And you can’t make informed decisions about strategy and day-to-day operations. As a result, maintaining your financial records also makes tax reporting and

In-House Bookkeeping vs. Outsourced Bookkeeping Services

A lot of CEOs and owners depend on in-house bookkeeping and accounting, to obtain their financial statements every month; because it’s they’re go-to solution. However, with advance technology in latest years, traditional is not always the best; when it comes to handling the economic position of your company. In-house and outsourced services give distinct workflows