A lot of small businesses and start-ups find hiring a bookkeeper or an accountant with the right skills for their business challenging. A bookkeeper handles the business’ financial statements and manages bank account operations so they should be trustworthy, eligible and qualified. Small businesses also prefer an affordable bookkeeper, so outsourcing bookkeeping services is gaining…
Category: Fiscal Tips
Tips to Manage Your ATO Payment Plans for Overdue BAS Statement
Sometimes your business encounters some tough months and you find yourself in a pickle with ATO. Your BAS lodgment is overdue, and it is causing you stress. It isn’t the end of the world for your business. If there’s one thing that ATO wants, it is for your business to succeed. They understand that sometimes,…
What is a BAS and Do I Need to Lodge One?
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…
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.…
