Latest Blogs

Tips to Prevent Payroll Problems and Reduce Errors

Payroll It is one of the most critical tasks to manage the payroll and it is face by entrepreneurs. The business owner must also ensure that you abide by the laws and regulations for your business. As the labor regulations and litigations are on the rise, blunders in...

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Bookkeeping Mistakes Small Businesses Should Avoid

Many of the small and medium businesses fail to fulfill the basic requirements of businesses while expanding their businesses. It can put the business at risk if not dealt in an efficient manner. This is an opinion of many of the businesses that accounting is just a...

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Tips for Effective Small Business Bookkeeping

small business bookkeeping tips One of the reasons why startups tend to fail is the fact that they don’t have the right small business bookkeeping practices. Bookkeeping services are known to give businesses an objective look at what is happening in their business....

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How to Lodge and pay for Tax

You must lodge a tax return every year for your business. It could be also required to lodge business activity statements in a regular manner.  It depends upon the structure of your business that how you lodge the tax returns along with the options for tax payments....

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Why Intangible Assets (IAS38) matter?

Intangible Assets (IAS38) The companies incur higher costs in the expectation of getting benefits in the future. For instance, organizations pay salaries to App Developers, who develop applications. It is not relevant to put these salaries in profit or loss statements...

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Difference between Short and Long Term Financing

Short and Long Term Financing It could be a challenging task to maintain a healthy cash flow; between bills and ongoing expenses, staff and bottom line also the worse cash flow can influence your clients deeply. While developing a cash flow strategy, business owners...

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20 Tips for Managing Your Small Business Finances

Managing Your Small Business Finances Managing the money wisely must be the topmost priority of every small business owner. The manner in which the money moves in and out of the business is the cash flow. Your motive must be to keep cash in the operating account of...

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How Bookkeepers Can help Improve Cash Flow

The government provides temporary cash-flow assistance to the medium and small businesses and the non-profitable organizations which employ workers during COVID-19 related economic downturn. The bookkeepers are the backbone of every business since they keep the...

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Government Incentives to Help Small Business During COVID-19

The whole world is facing extraordinary situation with pandemic COVID-19. This pandemic has disturbed the social gatherings, industries and daily life of people. As the pandemic is growing, the rapid change in the climate has left the businesses to move on with their...

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Working From Home During COVID 19

Due to COVID-19 outbreak, many of the employees in Australia have been encouraged to work from home . The ATO has declared a relaxation to the normal work from home rules and initiated a latest fixed rate of 80 cents that will cover all the deductions. This method has...

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COVID-19 (Coronavirus) Information for Small Business

You will get the latest information regarding the obligations and rights of small businesses regarding the scenario caused due to Coronavirus pandemic. The small businesses are struggling nowadays to manage their delays, cancellations, and suspension of services and...

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COVID-19 and Your Business Financial Management Strategy

The pandemic COVID-19 has disturbed the world. Irrespective of the industry in which you are involved, you will have to alter your business operations, according to the current scenario. The response in the traditional crisis will not be sufficient because this kind...

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