small business

Getting your Bookkeeping Ready for a Digital Future

By |2023-08-14T10:21:08+10:00August 14th, 2023|Accountant Life, Business, Companies|

Keeping up-to-date records of your business transactions isn't the most glamorous part of being an entrepreneur, that’s for sure. But, in reality, having accurate and up-to-date bookkeeping is actually one of the core ways to keep your finances (and your business) under control. Digital bookkeeping is the future of your finance The digital age

Small business bookkeeping – Here’s How!

By |2023-08-14T10:11:04+10:00August 14th, 2023|Accountant Life, Business, Companies|

While software has replaced the leather-bound ledgers of the past, bookkeeping is still an essential task for modern business owners. Here’s how it works – and why it’s so important. Bookkeeping benefits Accurate, up-to-date financial records are vital for running a small business. They let you keep tabs on spending, help you plan and

Five Ways That a Bookkeeper Can Help Your Business

By |2023-08-04T17:24:06+10:00August 4th, 2023|Accountant Life, Business, Companies|

If your business is small, you might be the bookkeeper – at least until you can afford to hire someone to do the work for you. Once your business reaches a certain size, it makes sense to have someone do the bookkeeping for you. Here are five ways that a bookkeeper can help: Concentrate

Why Bookkeeping is Essential for Your Small Business?

By |2023-08-04T17:02:52+10:00August 4th, 2023|Accountant Life, Business, Companies|

Bookkeeping to run your business What's the difference between a bookkeeper and an accountant? And how can a bookkeeper help you run your business? Bookkeepers and accountants are not the same If you’re a small business owner, you’ll be familiar with juggling several tasks at once. As well as keeping things running, you need

Business Tips: Using Forecasting to Help Your Decision-Making

By |2022-08-08T18:37:05+10:00August 8th, 2022|Business, News|

Producing regular management information is one way to help improve your business decision-making. But looking at historical numbers can only tell you so much. In business, you want to know what the future holds. And to make truly informed decisions about your future strategy, it’s important to use forecasting tools to project your data

ATO to Focus on Small Business Tax Returns for 2021-2022

By |2022-07-04T11:46:38+10:00July 4th, 2022|Business, News, Tax|

In a release last 21 June 2022, the ATO said it will be focusing on small business tax returns for 2021-22. In particular, the ATO is concerned about: deductions that are private in nature and not related to business income, as well as overclaiming of business expenses (especially for taxpayers running a home-based business);

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