We often get asked about the cloud accounting platform, so we have put together an infographic so you can see how it will benefit you and your business.
Australia’s charities face increased scrutiny, with 90 ACNC investigations during 2018 leading to 16 charities losing their registration, highlighting the need for robust and trackable accounting systems and processes. Prioritising “fraud and financial mismanagement” as one of the four forms of conduct detrimental to trust and confidence in the charity sector, the ACNC’s latest report […]
The last 5 years has brought about a seismic shift in the industry with something we like to call The Industrial Revolution of Accounting – Cloud Accounting. Just as with the industrial revolution in the 18th and 19th centuries when we moved away from manual processes to automation, cloud-based accounting software has taken away many […]
There’s a lot of talk these days about ‘outsourcing’ and ‘virtual’ everything, but what exactly is a Virtual Accounts Department. Virtualisation of the accounting function for your business is not sending information staff based overseas. The information is processed by the software. What is a virtual accounts department? It is a five-step process: Why should […]
In the 2017 May budget, there was some good news for small business – the Federal Government announced a measure whereby corporate tax rates would be reduced for small businesses entities across Australia. It meant 870,000 businesses, employing 3.4 million Australians could look forward to having their tax rate reduced. Great news, right? Well, yes…and […]
Seven of every ten wills in Australia that are contested in court are successfully overturned. That’s a sobering number. And it means if you think your final wishes are set in concrete, you may have to think again. With Australians working and living longer, and Government’s seemingly set on forever tweaking the rules that govern […]