Working with an accountant who is also a specialist business advisor to provide specific management advice makes a lot of sense, yet only a few firms are qualified and confident enough to do so. Read why.
This article explains how the approach to sales is undergoing fundamental change as organisations gain access to data that was previously unavailable. Analysing sales performance helps us decide what to do next in terms of generating leads, product focus and improved lead times. And it is easier than ever before to track our progress and grow our revenue.
After a staggered rollout, Single Touch Payroll now requires all employers to transfer their payroll transaction data to the Tax Office each time employees are paid. Is your payroll geared to handle new reporting requirements?
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.
Single Touch Payroll is mandatory for employers with 20+ staff from 1 July 2018, and will be mandatory for all employers 1 July 2019. Read how to get ready.
Equip yourself to make the best business decisions possible by insisting on financial reports that reflect your needs as a business owner.
What is accounts receivable and where can it go wrong? What is accounts receivable (or trade debtors)? Accounts receivable is the money you’re owed by customers. Once you send an invoice (or bill), it becomes part of your accounts receivable – until it’s paid. Accounts… Read More >>
From 29 Jan the ATO will write to small employers with <19 employees that already use payroll software. You will be told about Single Touch Payroll (STP), and reminded that you don’t need to wait for legislation to pass to start reporting through STP. If… Read More >>
Single touch payroll will change the way businesses report salary/wages, PAYG and superannuation information to the tax office. So what is single touch payroll and how big is the change? We explain the main points.
A business advisor can help you take your business from where it is now to where you want to be. We have the advantage of looking at it from the outside without being tied down by the day-to-day running of your business. At OBT, we… Read More >>