Farm accounting is more complex than other businesses when it comes to assets, liabilities, costs and revenue. But with a little thought and planning it’s possible to get into a routine of managing the finances for every aspect of your farm’s operation. Here are 10 points to bear in mind about farm accounting.
A simple approach to cybersecurity
Cybercrime has become a profession and the demographic of your typical cybercriminal is changing rapidly, from bedroom-bound geek to the more organised, who use advanced techniques and are highly technically skilled. Here are four easy ways to keep your data safe from cybercriminals.
Meet OBT Accountant, Tim
Tim joined the team at OBT Financial Group in September last year as a proficient Tax Accountant doing IAS and BAS returns, tax returns, financial statements and who supports our clients with bookkeeping across all cloud accounting platforms.
Using Data to Drive Decision-making to Build Business
Business owners often complain they lack information to make decisions, in spite of many solutions which claim to provide intelligent, customised reporting. Identifying business problems that need solutions and then the data sets which support decision-making is a better approach and we accountants can add value in this process. Read how.
How to make your early stage business run more efficiently
As we kick-off the new year, the right technology can help you get new customers, upsell to existing ones, expand your offering and improve efficiency so you have time to focus on what matters. Here are some tips on the technology that will have an immediate effect on your business.
Xero’s Payroll Only plan
From 1 July this year, Single Touch Payroll (STP) will apply to all employers in Australia. Following months of development by Xero, they’ve announced the launch of Payroll Only plan to assist small businesses with STP. See if it can help you.
New Bookkeeper & Data Manager for OBT
Michelle Burling has worked in accounting as well as manufacturing and we are delighted to have her join our team. As a CPA with vast manufacturing and payroll experience, including being an Internal Quality Auditor, Michelle can lend commercial insight to the client support she gives, and is a safe pair of accounting hands whenever OBT’s team needs extra support.
Cash vs accrual accounting
You’ve heard people talk about cash versus accrual accounting, but what is it all about? And why does accrual get all the glory? We take you through the basics.
The Fourth Industrial revolution
Telecoms Keeping pace with the Fourth Industrial revolution Look around and you can see how technology has changed the way we live our lives, even as recently as five years ago. The pace of change from here is expected to be exponential. Mobility and connectivity… Read More >>
5 Tech tips to help your small business
5 areas of any business that can be tweaked or improved with a little thought, a smart tool or a plan of a-tech. 1. Your voice online We talk with small businesses all the time and are still surprised by the large number who don’t… Read More >>
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