Tuesday, 11 Apr 2023
QuickBooks is accounting software that has become increasingly popular across the globe for its smart features. It was created by the company Intuit in 1983, and has been serving as the perfect financial assistant for small and mid-sized businesses. It …
Monday, 3 Apr 2023
Every business needs bookkeeping to record its financial transactions, revenue and debts. The information is necessary for the business owner to make investment-based decisions. However, bookkeeping is wider than just data entry or maintaining updated books. It encompasses a wide …
Friday, 24 Mar 2023
Every business with employees needs to have a payroll system to pay salaries and wages to the workers. Entrepreneurs must clearly understand the process to comply with the tax regulations and pay fair monthly remuneration and other benefits and compensations. …
Friday, 17 Mar 2023
Tax planning is integral to a business’s financial plan and helps reduce the tax bill. It is the right of every entity, but the business must comply with the legal regulations. If a company lodges inaccurate tax returns with the …
Monday, 13 Mar 2023
Discounts are a common practice during the holiday season, Black Friday and Cyber Monday sales in Melbourne. The reduction in prices is a captivating proposition for customers because they get the same product at a lower price. So, they tend …
Monday, 6 Mar 2023
Melbourne is known for its advanced healthcare system, which includes public and private medical centres. The demand for these businesses has increased after the pandemic because of the vast ageing population in the city. The burgeoning industry consists of diverse …
Monday, 27 Feb 2023
Small businesses often allocate the task of bookkeeping to employees who have the competence to use accounting software. Hiring a professional with experience is considered an excessive cost that is usually avoided. Since these amateur workers do not have in-depth …
Friday, 24 Feb 2023
Business owners have a lot on their plates, and managing business capital is just one of their responsibilities. The workload involves supervision of projects, networking, pitching to important clients, liaising with potential suppliers, financial management, employee management and much more. …
Friday, 3 Feb 2023
Single Touch Payroll (STP) reporting is an integral part of the payroll management task performed by bookkeepers. It is mandatory for all employers in Melbourne to provide information about the salaries and wages, amounts withheld and super paid to the …
Monday, 30 Jan 2023
Working professionals earn a monthly income that helps them maintain their lifestyle and basic needs. However, when they retire, they are left with no source of income, and this is where ‘super’ comes to their rescue. Super is built with …
