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.…
Category: Fiscal Tips
How to Keep Your Business Financial Records Safe
Business financial records keep track of company activities. They are vital documents that can tell the performance of a business. It can provide a company with an insight as to where it is and where it’s heading, in terms of goals. It can also be used to create strategies for future business endeavours. With its…
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…
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…
