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Bookkeeping for Construction – Use Experts to Streamline Your Business Systems

person Aaron Smith
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The building and construction industry is unlike any other! Bookkeeping for construction requires specialist advice and knowledge. We’d love to help you manage your construction business in the way you want – with professional and expert guidance geared towards your success. Dedicated construction bookkeepers can make your life easier by managing all the complicated accounting,…
What Makes a Great Bookkeeper

What Makes a Great Bookkeeper?

person Jo Voight
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How do you know if you have a great bookkeeper or just an average one? Great bookkeepers are hard to find. Here’s a short list of what to look out for. Great bookkeepers take the time to do things right the first time Great bookkeepers hurry slowly. There are many shortcuts that can be taken…

The New Family and Domestic Violence Leave Entitlement

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What You Need to Know About Employer and Employee Rights When Dealing with Family and Domestic Violence Situations Every four years, the Fair Work Commission (FWC) reviews the modern awards and this time around the FWC has passed a decision to include family and domestic leave (FDL) in all modern awards. The modern awards will…

What Can Happen When Your Business Grows but Your Systems Don’t?

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Recently the cosmetics company Lush reported itself to the Fair Work Ombudsman after it discovered a payroll error that resulted in staff being underpaid since 2010 to an estimated total of over $2 million. ‘What has become alarmingly clear to us at Lush Australia is that our internal payment systems have not kept pace with…

Record Keeping Made Simple

person Jo Voight
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Record Keeping Made Simple The simple answer is … keep everything! The ATO requires that the relevant records exist to support all business transactions. It is a business owner’s responsibility to maintain and store accurate records for all financial transactions. To claim a business deduction for tax return or activity statement purposes, you must have…

Cash Handling Best Practices

person Jo Voight
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Cash Handling Best Practices During the recent budget, the Government announced measures to continue targeting the black, or hidden, economy. Whilst this covers a lot more than just cash transactions, we thought it timely to provide information about cash handling best practices in your business. Apart from correct reporting to the Australian Taxation Office, implementing good…

Sole Traders and Superannuation

person Jo Voight
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Sole Traders and Superannuation—Don’t Cheat Yourself Out of Future Security It is easy to get caught up in running your solo operation, trying to be across all areas of the business and looking after your customers, suppliers and workers. While you are running your operations and looking after everyone else, are you also looking after…

Legal Obligations of a Business Owner

person Jo Voight
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Legal Obligations of a Business Owner—Are you across all of them? Are you considering starting a business? Or perhaps you are already running a small business and you know just how much is involved! Either way, with this article we aim to give potential business owners an understanding of the areas to consider before starting…

Tips for Getting Invoices Paid on Time

person Jo Voight
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Getting invoices paid on time has long been an issue in Australian small business. During 2017 the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) conducted an inquiry into payment times and has produced a report that shows just how badly Australia performs compared to other countries when we look at payment times. In fact,…
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