Business Simplicity

26/10/2023

Don't let your business fall into these financial pitfalls. Check out our latest blog post to learn how to steer clear of these common bookkeeping blunders. 💰💡

Learn how to avoid 10 common bookkeeping mistakes in this informative blog post. Maintain accurate records, make informed decisions.

28/09/2023

Discover how professional bookkeeping services in Melbourne streamline operations, reduce errors, and drive business success.

21/09/2023

Why do business owners need these services, and what benefits do they bring? Let's explore the critical role that bookkeeping and accounting play in business success.

15/09/2023

Money matters. Whether you’re a seasoned business owner, a young professional, or just trying to manage your household budget, we all know how crucial it is to keep your financial house in order. But let’s face it – life gets busy, and those bills, receipts, and spreadsheets can quickly turn i...

15/06/2023

If you need a great Bookkeeping and Accounting team combined then email us for a meeting today to discuss your needs at [email protected]

We work with MYOB, Xero and Quick Online. Plus many add ons and ecommerce tools.

15/06/2023

Reminder superannuation increases to 11% on 1st July!

21/05/2023

Did you start using Accounting software and think this is so easy but then your reports don't look quite right? maybe it is time for a registered BAS agent to have a look and maybe help you do things better or just double check it is all true and correct. If it isn't then it will cost you later. Reach out if you need assistance!

02/05/2023

Training available in MYOB, Xero and Quickbooks Online from $110 an hour

24/04/2023

More business tips from your Management Accountant and BAS agent.

Some must haves/do when you start a business:

Insurance - consider public liability, professional indemnity, business insurance, motor vehicle insurance, income protection insurance, workcover insurance.

Discussion with Accountant regarding setup structure of the business eg sole trader, company, trust etc

Discussion with an Accountant or BAS agent to learn how to manage you bookkeeping and what legalities you need to be aware of.

Discussion with a marketing guru to get your business off to a good start.

22/04/2023

Marketing tip from your Management Accountant and BAS agent.

When you first start out in business you might set yourself an unrealistic expectation that clients or customers will flock to you within hours of starting.

Sadly 99% of the time it takes months of promotion and months of work to start getting customers or clients.

Working for yourself can be tough going for the first 3 years at least. While it is great to own your own business and create your own rules you need to set realistic expectations on when you will hit your goals!

20/04/2023

Bookkeeping tips from your Registered BAS agent.

* Keep all receipts that are claimable for your business (digitally in Xero, MYOB, Quickbooks Online, Hubdoc, Dext, Dropbox etc) or just in a box. Min 5 years some trusts and companies 7 plus years.
* Pay superannuation by the 21st of each month and you will never be late or pay penalties
* keep 10% of all sales in a separate bank account ready for your BAS payment

Happy BAS quarter :)