Can you believe it is March already? 2013 is definatley underway. Believe it or not, it is also getting very close to the end of the Financial Year. Take the next month to have a good look at the financial position of your business. Make sure your bookkeeper has your accounts completely up to date so you […]
Read More 2013, accountant, bookkeeper, Bookkeeper Cairns, Cairns Bookkeeping Services, Financial Year, MYOB, tax planningThe BASlink function in MYOB is a useful tool to help you prepare your Business Activity Statement. However, it can also be a hindrance if your BASlink is not setup correctly, and this often leads to incorrect information being reported to the ATO. If you are familiar with using the BASlink function, ensure that all […]
Read MoreThe Australian Tax Office (ATO) website has some great information and tools for working out what expenses you can claim as business deductions. Here is a list of some expenses that are applicable to many small business: Motor vehicle expenses Business travel expenses Capital allowances – plant and equipment depreciation Salaries, wages and super Losses […]
Read MoreIt is easy in business to find your suppliers chasing you for payments that you believe have already made. This often happens when your MYOB creditors aren’t reconciled with your suppliers statements. Invoices can easily be lost in the mail or ‘filed’ in the bin or wrong place accidentally. Check all your invoices off to […]
Read MoreDo you leave your BAS until the last minute, and then decide to give it to your accountant to lodge because you can get an extra extension of a couple of weeks? Takes the pressure off, doesn’t it? You can sit down tonight and have a glass of wine instead of doing your bookkeeping. Your […]
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