Business Bookkeeping

common mistakes in accounting

10 common management mistakes in accounting for businesses 1.     ” a good business owner does not run a business blindly with out knowing your accounting scoreboard”   For those of you that know our firm, you would most likely have heard us stress the huge importance of a business  having accurate and timely information to…

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Our Budget 2017 summary

Budget 2017 announcements Well a more dynamic and hit the big end of town budget 2017 this year. Some of the Keys to Budget 2017: Big banks a big loser paying levy to raise $6b. Continued Targeting of the low paying multi nationals eg Ikea to make them pay more and fair share of tax.…

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Using Technology as an Ally in Business

Good businesses use technology well. I guess we would have all seen a few changes lately with things like the internet, social media or even our smart phones massively changing our lives. With more technology we are seeing more comfort in our fast paced lives whether we are driving, watching television or running our businesses.…

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Easter Update

Happy Easter  So what should you being doing financially in April… For businesses it is again Bas time for the March quarter. The tax agent extension date due is 28/4/17 if you are lodging it with us as your tax agent. Now is also a great time to review using your accounting software well, perhaps…

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Tax Accountant Trainee Program

Are you tired of not being able to find work in an accounting firm? Looking for an opportunity to get on-the-job training to progress your accounting career?   At Tax Accounting Adelaide can provide you your kick-start with a traineeship. Take the action to guide you into getting the right training and practical internship experience…

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What worked in your business

Revealed -Business owners share their most effective secrets Many business owners may not necessarily be doing everything right, but they certainly are to people to ask about what does and doesn’t work in the business world. At our recent business networking event we discussed the topic of what things they did that brought them greatest…

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Book keeping what to do in the new financial year

What to do at the start of the new financial year Here is a simple checklist to make sure you start your new financial year well and with good bookkeeping. Happy new financial year from Tax Accounting Adelaide. For help with your new financial new year call for an appointment on 08 83374460 or book…

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Business basics for newly arrived Australians

Tax basics for those newly arrived in Australia starting a business Apply for an ABN Apply for an Australian Business Number to comply with the Australian tax laws Produce a complying tax invoice for your sales Do you need a trading name? A business name other than your name needs to be registered Choose an…

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Bookkeeping by Spreadsheets versus accounting software

Should you move from spreadsheets to accounting software… Why should I move from spreadsheet bookkeeping to using accounting software? I am often asked when businesses are new or fairly new, if they should do their bookkeeping in a spreadsheet and probably not sure why using accounting software like Xero could actually be beneficial. Yes doing…

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Getting your staff right and retained

How to hire the right staff Here is some guidance on how to hire good staff and make it work well for your business. clearly define a role with the position description spend time developing staff managing a business sounds very hard but is hard if you have to do it all your self share…

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