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Budgeting Tips For Small Businesses in 2020

At the end of the year, the business owners divert their attention towards planning for 2020. It is an intimidating piece of work to plan for New Year as the economy is booming and global recession fears complicate the outlook for entrepreneurs. It is excellent as if...

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The Best Online Software Tools for Small Businesses

The foundation for a company to grow is a solid accounting and bookkeeping that relates to using the appropriate tool for perfect financial housekeeping whose usage should not be delayed till tomorrow because in the future the scenarios are going to be more...

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Tips For Managing Your Personal Finances

It can be tricky to be an adult, especially if you love to shop and are not good with numbers. There is so much to do, and so many things that can be seen across the country, and all of it costs money. Many of us are guilty of falling into the trap of living beyond...

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Black Economy Leaving Negative Impacts

Losing Money to the Black Economy? Cash payments are quite common, especially in business, but this money considered as the black economy which is the main consideration for the community and the government. These are the facts which would amuse you: The Black Economy...

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Payroll Tax Exemption for Parental Leave

Introduction - Under section 53, the Payroll Tax Act 2007 free from some of the wages. It got some changes and as per the new rules, from 1 July, 2019, paid or payable wage exemption to the employee at the time of adoption or maternity leave got extended for wages for...

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5 Benefits Of Outsourcing Bookkeeping Services

Bookkeeper and bookkeeping services play a vital part in any of the organizations. Maintaining your books properly is of utmost importance, but at the same time, this is necessary to get the skilled accountant for getting that work done for you. In the absence of...

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Quickbooks Won’t Squeeze Out Accountants And Bookkeepers

There is a new hype in the accounting industry that has come in the form of Quickbook. In the approaching time, Quickbooks has planned to offer bookkeeping services. Actually, this is like offering customer support to help small business owners to set up Quickbooks...

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How Small Business Bookkeeping and Accounting Works

When one started a business, then there would be a requirement of bookkeeping and accounting. These terms actually don’t mean the same thing. Small businesses have accounting as well as bookkeeping because they are synergistic. Bookkeeping Bookkeeping is the process...

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Types of Accounting: Management, Tax and Financial

All three types of accounting are different and have different characteristics. There are some of the accounting software available having the feature to handle all the three types using multiple or hyper-focused categories which are there to handle every transaction....

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Bookkeeping Services that Makes Bookkeeper the Best

Bookkeepers handle the company’s income, expenses and transactions in the company’s books and the company’s financial accounts are reconciled on a monthly basis. Bookkeepers help in preparing a financial report and financial statement. Bookkeepers do the tasks as per...

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Bookkeepers Share Tips for a Stress-Free Tax Submission

Tax time has always been a stressful time of the year. This is the time considered one of the busiest as the business person has to make many calls and calculations at the same time. One needs to consider everything that is claimable and also knows whether the entire...

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Basic Bookkeeping Fundamentals for Small Business Owners

Being a small business owner, one needs to know many vital points in the aspect of bookkeeping. If you have good financial records, then you would be able to manage the deposits, debts and invoices as well. With proper management of business finances, one can’t just...

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Steps To Help Reduce Costs in the Face Of Growing Wages

The national minimum wages of Fair work commissions have got an increase of 3% and this would be effective from 1 July 2019. Also, it has a newly updated rate of $19.49. Because of, these changes will be effective soon, so, most of the businesses have to rethink about...

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Reasons For Not Using Spreadsheet For Your Bookkeeping

For years, many small and medium-sized businesses are using the excel spreadsheets to track down the different records or payments they have made for the business. The quite obvious reason for using the same is the ease of access and they are free to use. It’s not bad...

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What to Look in Bookkeeper Services Before Hiring

Taking into consideration the pressure of making the right decision while weighing the benefits and pitfalls of different Bookkeeper Services, can be stressful. The suggestions for selecting an accountant are many, but along with the capability of scheduling...

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Bookkeeper Hourly Rates in Melbourne

The Average range of bookkeeper hourly rates in Melbourne from AU$22 to AU$27 Getting to know how much cash is available in the company’s account, and how much money is there for the tax payments to be done or money for the other spending in the company is...

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Signs You Need to Hire a Bookkeeper – Accountant

Have you ever thought that why many of the businesses reach the fall even after the short period of a startup? The answer to the issue is the difficulty in managing financial issues that can be done with efficient bookkeepers or accountants. That is the reason, a...

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