Treasurer Josh Frydenberg has released the 2022 Federal Budget ahead of a Federal election in a few months. This article has a summary of the “Winners and Losers” of the Budget and we’ve compiled a recap of the key points below. Get in touch with us if you have any questions. A Quick Overview […]
Business Update – 23 March 2022
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Australia to Produce Its Own mRNA Vaccines Moderna’s Covid-19 vaccines and other mRNA jabs will finally be made in Australia after the government finalised a production deal with the US company. Moderna will […]
How to Scale Your Business with Minimal Effort
If you want your business to grow, at some point you’ll have to think how to scale your business. Scaling it isn’t exactly the same as growing it, though they are often used interchangeably. Growth refers to adding resources and increasing your revenue in a linear fashion. You double your number of offices to double […]
Business Update – 16 March 2022
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Entry Ban for Cruise Ships to Be Lifted After two years, the government announced that it would lift its entry ban for international cruise ships next month. This could potentially boost a tourism […]
Stay Compliant with an Employment Contract Tool
We often get asked to help with an employment contract for new team members. This is quite a complex area and a little outside our scope of expertise. However, the Australian Government has a tool that allows you to build your own employment contract, that’s compliant with Australia’s Fair Work System, and that’s tailored […]
Business Update – 9 March 2022
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. COVID-19 Vaccine Claims Scheme The government is developing a claims scheme to provide a simple, streamlined process to compensate eligible people who suffer a moderate to significant impact following an adverse reaction to […]
The biggest lessons I’ve learned from firing bookkeeping clients
Breaking up with bookkeeping clients is hard to do, as the song goes. Since I’ve worked with hundreds of clients, I’ve certainly ‘fired’ or parted ways with my share of bookkeeping clients, but it’s not all bad news. Every breakup is a valuable lesson. Today I want to share the biggest lessons I’ve learned from […]
Toast POS Accounting With QuickBooks Online
Toast is a very popular restaurant point of sale (POS) system. If you have Toast you obviously want to know how to extract the relevant data and efficiently get it into your accounting system. From an accounting perspective I only look for two things from a restaurant POS system: Is it a cloud-based system? Does […]
Business Update – 2 March 2022
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. WA Border Reopening After 697 days, Western Australia has finally reopened its borders. From 12: 01am Thursday, a long list of new restrictions is expected to stay in place for four weeks. Strong […]
Bookkeeping Tips: How is Your Business Performing?
As a business owner, you are likely very busy. With all the day-to-day responsibilities business owners face in managing and running their business, managing the business’s books can feel tedious and it can be tempting to put off bookkeeping responsibilities until another day. Thus, building a consistent bookkeeping practice can be overwhelming. However, bookkeeping is […]