Bookkeeping Services

With 2022 now in full swing, it is time to pick up some great bookkeeping habits that will enhance your year. Bookkeeping is incredibly important in business, and good bookkeeping can empower a business to achieve more. A great place to start improving your bookkeeping this year is to pick up some good habits. So,…

How often do you review your prices? If you haven’t looked at them yet this financial year then now may be the time. It is common for business expenses to increase throughout the year. Because of this, your profit margins may be reduced if you are yet to review your pricing. Across the year you…

With Christmas only a couple of months away you are probably beginning to think about your office Christmas party and other fun things you do around this time of year. Before you begin planning it is important to think about the Fringe Benefits Tax implications of your festivities. With this in mind, you can have…

Are you considering getting into eCommerce? It is a very lucrative opportunity, filled with creative stores selling a wide variety of products to different niches. The eCommerce market in Australia is the 11th biggest in the world, which is tipped to grow to over $44 billion AUD by 2024. With a market so large there…

From 1 November 2021, if you have new employees start, you may have an extra step to take to comply if they don’t specify a super fund. Luckily it’s only a minor tweak and won’t add substantial effort to your employee onboarding process. What has changed?   Where a new employee does not specify a super fund, employers must make super contributions to the employee’s “stapled fund”. Previously, the employer could simply direct…

If you own a business that has employees you may have heard about payroll tax, and wondered what it is. For many very small businesses with 1 or 2 employees you may not yet have been required to pay it, and so may not be sure when you will need to. In the case where…

Bookkeeping is an extremely important aspect of any business. Despite this, there are so many myths surrounding what a bookkeeper does, and the real value they bring to businesses. As well as this, they often get confused with accountants, who do a very different job. Because of these myths, many business owners miss out on…

When you are running a small business there are a lot of behind-the-scenes paperwork and record-keeping that needs to be done. This can take a lot of time and effort for business owners. While the option exists to take this away from business owners, many have limited financial resources. This ultimately leads to a tricky…

Tax time has come and gone for another year, but now is not the time to get back into old habits. With less than 12 months until the next end of the financial year, it is vital that you put in good bookkeeping habits now to make the next tax time smoother. This is important…

To be successful in business you need to know your numbers. This is often repeated by bookkeepers and accountants to business owners. But the thing is, it is true. The business owners who are the most successful are those who know their numbers very well and use them regularly to make decisions. So what exactly…