Brisbane Business Accountant - Xero and value of advice

Why choose Xero?

A growing number of accountants refuse to work for clients who don't use Xero. Let's stop a moment and think about that. How often do you refuse new customers? It's a big step, and it tells us something about the mutual benefits of switching…
Brisbane Business Accountant - woman receiving financial advice

Important Deadline - Letters of Engagement with your Accountant

Our professional body and professional standards require that we have letters of engagement with our clients. The Tax Practioners' Board strongly recommends it. In short, it's something we need to do. In the 2015 financial year, any work…
Brisbane Business Accountant - Banklink and Xero

Banklink Costs and Xero

Banklink has been our preferred entry-level bookkeeping system for many years. If you are using Banklink, there are some changes to the landscape you need to be aware of. It's prudent to examine your options from time to time, and end of financial…
Brisbane Business Accountant - end of year review

End of Year Review

When running a business, the end of year review can save you a lot of time and money. It's your chance to make sure that your tax planning, and end of year compliance obligations don't slip past the point where you lose control of the outcomes. Why…
Brisbane Business Accountant - good bookkeeping vs bad bookkeeping

Bad Bookkeeping vs Good Bookkeeping

Good bookkeeping alone isn’t enough to make a great business. However, bad bookkeeping can be enough to turn a business bad – or even send it broke. As an accountant and financial adviser, I tend to see a lot of different clients, doing…
Brisbane Business Accountant - avoiding penalties for late super

Super Penalties for Late Super

Super guarantee contributions are due by the 28th day after the end of each quarter. Employers who don’t make their payments on time are penalised severely. There’s a double whammy – extra charges and interest, and no tax deductibility. Note…
Brisbane Business Accountant - upcoming dates 2014

Upcoming Due Dates – Tax & Compliance Lodgements - 22/4/14

As at 22 April 2014 – Selected Upcoming Due dates for Tax & Compliance lodgements (not comprehensive – contact us if you have lodgements not shown here to double-check the due dates). 28 Apr 2014 BAS, Activity statements & Installment…
Brisbane Business Accountant - woman provding financial advice

QUICK! Call your Accountant / Adviser, before it's too late

How many times have you heard that before? Probably never. But there it is. Life moves pretty fast. It seems everybody is too busy to stop and think. And that is a major problem. It's far too easy to focus on what's urgent,and forget about what's…
Brisbane Business Accountant - why do you want to be in business?

Why Do You Want To Be In Business?

People go into business for many reasons. There are a number of obvious and recurring answers to my question, and I’ll explore some of those in upcoming posts to this blog. However, you should figure out your personal answer to this question…
Brisbane Business Accountant - man thinking about why he is in business

In Business Because You Can't Get A Job?

In business because you can’t get a job? I can’t remember the number of people I’ve spoken to who have decided to go into business because they can’t get a job. They feel they’re too old and no one will give them a chance. Or their…