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.
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.
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.
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 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 >>
OBT Quick Cost Accounting Case Study Client Ann Marie owns a manufacturing business which makes a high-end product. She varies her design from time to time so there are many versions of her primary design. Challenge Ann Marie did not have a cost accounting system… Read More >>
Working as a freelance Personal Training and Group Fitness Instructor sounds like a liberating, interesting and well-paying job. But the truth is, like any independent contractor, there are business issues that have to be considered before you take your first class or train a client…. Read More >>
Our hearts go out to business owners at this time of year. Not only is there a lot of prep to be done around the financial year-end this year and every year, but it can be an anxious time for some if they’re only getting… Read More >>
30 June deadline pressure getting to you already? EOFY can be stressful, especially if you fail to plan. There’s no need to panic if you get organised now. Online accounting software has revolutionised the way accountants and business owners communicate on the accounts and prepare… Read More >>
Suzanne and Peter re-cast their business processes with up-to-date accounting technology – the cloud – and OBT to get organised. They took a leap of faith and have come out all the better for it.