The start of the year is an exciting time to reflect on the past twelve months and prepare for the next. And while many of us will be thinking of 2022 resolutions – no doubt relating to exercise, diet, and personal fulfilment, if you are a business owner it’s also...
Category: Business cashflow
9 Tips for Making the Most Out of Your Year-End Accounting
With the end of the calendar year almost upon us, many business owners will be pretty glad to see the back of 2021. With Covid-19 restrictions effecting many businesses, it’s been a tough year. So, while we raise a glass to you, to celebrate the fact that you’ve got through...
What is a Chartered Accountant and why should you use one?
Firstly, you’ve probably guessed by now that we love accountancy, it’s our thing! But we also love helping businesses no matter their size, learn and understand about what we do and how we do it, so they’re able to make more informed choices that drive business growth. You may have...
E-Invoicing: What it means for your business
As part of the 2021 Federal budget, the government announced $15.3 million in funding to accelerate the adoption of e-invoicing by public services and Australian businesses. Through the adoption of e-invoicing systems and standards such as PEPPOL, the government hopes to reduce business costs and increase the productivity of the...
How to Calculate Asset Depreciation 101
Most business owners know they need to calculate asset depreciation as a cost of doing business but are unsure of where to startIn this article, we’ll take you through the process of working out your depreciation expense, and show you how to account for the sale of a depreciable fixed...