On April 2, 2017

Salary Sacrifice in Quickbooks


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Previously in Quickbooks, in order to have salary sacrifice calculate correctly, two payroll items – a Company Contribution Item and a Deduction item – needed to be set up.  This has been amended in new Quickbooks versions since 2009/10 to a single payroll item, and now ensures that the process has been simplified immensely. The example

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On April 2, 2017

What it means to be a BAS Agent


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The term “BAS Agent” typically applies to a business who contracts to a client to provide services to that client to do with their BAS obligations. The new legislation was implemented with a view to providing business with protection and security. It is about the qualifications, experience, competence, professionalism of us as an external person

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On April 2, 2017

Free Point Of Sale System / Till Info Sheet


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If you have a small retail business, this is a handy resource for your register staff and for whoever records the daily takings in your accounting system. This free info sheet helps explain why it is important to balance your register at the end of the day, and what elements to look for if it

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On April 2, 2017

Daily Takings Sheet


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If you have a till or an EFTPOS machine, end of day can get a bit confusing to balance, and of course everyone makes calculation errors from time to time! Here is a basic spreadsheet template for you to plug in your till z-reading, your cash count and EFTPOS totals, to see if everything balances

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