From 1 July 2019, tax and super information needs to be sent to the ATO each time payroll is run and employees are paid. The new reporting requirement is called Single Touch Payroll (STP) and is currently available through most payroll, accounting and business software.
There is so much to organise to be ready to close up shop over the holidays. Planning and scheduling now can save you a lot of headaches on your return and save you disruptions throughout your break.
Quickbooks has really entered the Australian market with a great accounting product. They are starting to attract a lot of attention from business owners. The modern day business owner realizes they need to use a cloud based product so they can keep up with the times; however, choosing what product to use is always difficult. This is why it is important to have a great adviser/accountant that is not intent on pushing a product. An owner needs to use the best product for their business. We will give you 5 advantages of using quickbooks.
Whether you’re just starting up, or have an established business, it is easy to fall into the trap of having to do and control everything yourself. Being the ‘jack of all trades’ limits your time and ability to make quality management decisions. Having your business accounting software online will enable your business to transform, grow and to compete with giants in your sector.