What is Bookkeeping?

/in /by

Bookkeeping is a growing profession – it is demanding, exciting, challenging and above all, rewarding. It is about understanding how a business works and then providing accurate figures that enable the business to know exactly how well it is doing. For men and women of all ages and from all backgrounds it provides outstanding career opportunities.Bookkeeping involves the process of recording, analysing and interpreting the financial transactions of a business or individual. The discipline of bookkeeping accounts for a large proportion of the accounting process.

For more info visit the link below

http://www.icb.org.au/About-Bookkeepers/What-is-Bookkeeping

 

FREE Health Check on your Accounts File

/in /by
 No Obligation
  • Free, No Obligation meeting to review your file
  • Complete a Health Check of the Account Data Files
  • Report of Assessment on File.
  • Review Current Systems and Advise.

For your FREE Accounts Health check please call Lissa 0412 930 708

MYOB PayDirect

/in /by

 

How it works

Taking card payments with MYOB PayDirect is as easy as 1 – 2 – 3.

1. Connect and sign in

Connect the Reader to your phone using Bluetooth® and sign in to the PayDirect app.

2. Transact

Enter the transaction on your phone, then the customer inserts their card and enters their PIN.

3. Get paid

Email or SMS a receipt to your customer. The money will be in your nominated account in a day or two.

For more information please visit the MYOB website below…

http://myob.com.au/paydirect-1257831727970?utm_source=google&utm_medium=cpc&utm_campaign=AU:BD:HeroTerms_lEl&utm_term=myob%20pay%20direct

Xero Roadshow 2014

/in /by
Xero Raodshow

?Enter the world of the Xero Add-on ecosystem and discover how to grow your practice into new vertical markets. Across four sessions in one day, our October Roadshow will open your mind to what’s possible – register here.Sydney Wednesday, 29 October, 2014

Adelaide Tuesday, 14 October, 2014

Perth Thursday, 16 October, 2014
Canberra Monday, 20 October, 2014
Launceston Tuesday, 21 October, 2014
Melbourne Wednesday, 22 October, 2014
Brisbane Thursday, 30 October, 2014

Sydney Wednesday, 29 October, 2014

For more info… https://www.xero.com/au/roadshow/

Directors Penalty Notice

/in /by
Director penalty notices

Company directors have a legal responsibility to ensure that their company meets its pay as you go (PAYG) withholding and superannuation guarantee charge (SGC) obligations.

The director of a company that fails to meet a PAYG withholding or SGC liability by the due date automatically becomes personally liable for a penalty equal to the unpaid amount.

When a PAYG withholding or SGC liability remains outstanding, we may issue a director penalty notice, although this is only necessary to enable us to start legal proceedings to recover the penalty. Even without issuing a notice, we can collect the penalty by other means, such as withholding a tax refund.

Please visit the below link for more info…

https://www.ato.gov.au/Business/Payments-to-ATO/Difficulty-paying/What-if-you-can-t-pay-your-tax-/Stronger-measures/Director-penalty-notices/

File storage in Xero

/in /by

Xero has released a new file function where you can upload and share files such as tax documents, loan documents, company documents etc.
This allows you to store and share your documents in an easy to access place for you and your accountant.
The files will be stored with Xero – level security! Each client will get 1GB of storage which is about nine years of documents for the average small business!

To learn more about file sharing check out Xero’s blog:
Click Here

Onsite Or Offsite Bookkeeper?

/0 Comments/in /by
Onsite Bookkeeping Services

has some advantages, you can get involved  as much as you feel necessary. This can be advantage especially when you hire a new bookkeeping company.

Compared to employing a full- or part-time bookkeeper, an Onsite Bookkeeper will obviously save you money as you won’t need to worry about any employment associated costs (employee entitlement, super and so forth) or the regular wage.

Most bookkeeping companies  will  be able to support you in different situations and will be able to keep supporting you as your business grows and your requirements change.

Offsite Bookkeeping Services

has become a lot easier in recent years, there is a growing number of accounting software now on the cloud and with all kinds of internet based applications making it easy to send and share files online.

Choosing an Offsite Bookkeeping Service you don’t have to provide an office space when your bookkeeper is due to do work for you.