XERO vs. MYOB vs. QUICKBOOKS

With the constant changes in the technological landscape that we are experiencing today, it is important as ever to stay updated on recent technological advancements, in this instance being cloud accounting software. Providing instant accessibility to accounting software at any given time and place, this innovative way of performing accounting has significantly sped up the…

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10 tips for dealing with debtors as a small business owner

As a small business, it is important to have a solid cash flow in order to secure stable growth. This can make any debtors that arise extremely stressful. Fortunately, there are ways you can deal with debtors without ruining the relationship with them and any potential future business. The best approach is to have systems…

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8 ways to save time for your small business

As a small business owner, it is likely that you are very busy. Not only do you have to run your business, you are a major component to its success, plus you have to ensure your business meets all its tax and legal obligations. This can take up a lot of time, and time is…

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5 bookkeeping tips for construction businesses

Businesses in the construction industry have a set of unique challenges. As they regularly have the unique experience of working with a range of employers, partners, extra contractors, businesses and individuals, all who have different payment schemes. Due to this, the books can become complex, and so, bookkeepers for the construction industry need to be…

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Your Guide To Single Touch Payroll (STP)

Single Touch Payroll (STP) is now a requirement for all businesses that have employees. From July 1st, 2019 employers with less than 20 employees were required to begin using STP. Any employers with more than 20 employees were already following these rules. This made the 2018-2019 financial year the last time employers were required to…

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