There’s a lady in Worcester , Massachusetts, USA who’s been charged with stealing around US $225,000 from a division of the Boy Scouts of America
She’s been accused of larceny. Allegedly, as the bookkeeper doing the bookkeeping for the Scouts, she wrote cheques from the scouts’ account to pay her own bills, and to support the family business
Business Activity Statements were due on 28 October 2009, so if you are late with your BAS then what options are available to you?
“I pay what I’m required to pay, not a penny more, not a penny less. If anybody in this country doesn’t minimise their tax, they want their heads read because, as a government, I can tell you you’re not spending it that well that we should be donating extra.” Kerry Packer
Here are ten options to consider if you have failed to lodge your BAS for the reporting period 1 July 2009 – 30 September 2009:
Contact us (quickly) because we may be able to get an extension for your BAS
1) Bury your head in the sand and hope that the whole thing will go away
2) Have a panic attack and wonder what to do now you’ve missed the deadline
3) Shrug your shoulders and just accept the fact that you’ll be making a late lodgement of the BAS
4) Stay up all night sweating away trying to complete the BAS even though it’s going to be a late lodgement
5) Call the tax office (ATO) and tell them that your dog grabbed the BAS form and has buried it in the garden
6) Look through your pile of paperwork, because you remember seeing the Business Activity Statement somewhere, sometime whilst making a mental note that it had to be lodged by the end of October
7) Call your accountant and ask him / her what you should do next
8.) Do nothing, and just accept that fact that you’ll be fined for a late lodgment, and look forward to receiving fan mail from the ATO
9) Go to the fridge and grab a coldie, sit down and relax in frnt of the widescreen TV that Kev’s just help you buy
10) Contact us (quickly) because we may be able to get an extension for you, as well as getting all your documentation sorted out to help you ensure that you’re not going to be paying Kev247 more than you need, since he’s shown us all how good he is at spending all that money
We’ve been approached by a bookkeeper servicing the northern suburbs of Perth – do we know of a book-keeper who would be interested in taking over an established client base of bookkeeping clients?
This is a unique opportunity for an established book keeper looking to expand your business. Personal circumstances have forced the current bookkeeper to move interstate, so that there’ll be clients suddenly in need of an experienced bookkeeper
If that sounds like you, then contact us TODAY
As MYOB professional partners, we’re authorised to supply MYOB accounting software. We can supply, install, and train our clients to do their bookkeeping using MYOB software whether your business is in Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, Perth, Western Australia.
A client contacted us yesterday asking us to supply them with MYOB Premier Enterprise for their franchise. It’s a “high-end” version of accounting plus – and comes with five single usr licences
This means that you can have five different users – in different locations, all access the one data file. It’s great for retail outlets – maybe a chain of shops linking back to head office.
The clients have a bookkeeper that’s going to come in and do their bookwork. What is surprising is the fact that the bookkeeper did not advise the client that they would need their own server – and possible an IT guy to come and help them get the system set-up.
Clients are looking for more than just a bookkeeper these days. Clients are looking for a bookkeeping service that will actually supply “customer service” – you know, the old fashioned type of service that was not just knowledge. It’s “service with a smile” service with “heart”.
If you want the “wham, bham, thank-you ma’am”, then there’s plenty of cowboy bookkeepers out there who’ll do the work for next to nothing, and more often give you no service, and heaps of headaches, a set of incorrect figures but at least you’ll have not paid much for your bookkeeping fees.
Whether you use MYOB / Quickbooks, or you need Software Training for your small business in and around Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, Perth, Western Australia, we are here to help. Contact our Stirling team of mobile book-keepers now Read more… »
Business Activity Statements (BAS), for business owners reporting quarterly, are due on 28 July 2009.
For many small business owners, and especially for their bookkeepers, July is always a busy time of year in the northern subuirbs of Perth.
With end of financial year reporting, together with reporting of the 01 April to 30 June quarter BAS due 28 July, businesses that are behind in their paperwork can struggle under extra pressure that they really do not need – contact our Perth bookkeeping service today for help with your BAS
Cash flow has certainly tightened up in the economy. As bookkeepers, we’ve seen that invoice payments are being dragged out longer and longer, as suppliers wait to be paid by customers, and service providers wait to be paid by their clients.
Some small business owners use their GST money as cash-flow for their business, forgetting that these GST funds are monies collected by the business on behalf of the federal government – then they seem shocked that they have no cash to pay what’s owing on their BAS lodgement
The phone’s been ringing as desperate business owners in a panic wanting our Perth bookkeeping service to help with their MYOB and Quickbooks files. In most cases, they can simply email us the files and we’ll have a look at their reporting and can generally work out where the problems are within a short time
One lady contacted our Perth bookkeeping service after spending two days trying to reconcile her Quickbooks bank accounts. We had a look at her file and solved the problem in 35 minutes. Look at the time and stress she would have saved if she had contacted our bookkeeping company when she first noticed that there was a problem
As a small business owner we encourage you to focus on what you do best, and we’ll do the rest – contact our Perth bookkeeping service today for help with your BAS
Small business should support small-to-medium enterprise (SME), a concept that the Australian Federal Government seems to fail to comprehend.
They are telling everyone how the Rudd Government is helping small businesses with the Small Business and General Business Tax Break.
The package is such that small businesses can claim a bonus 50 per cent tax deduction for eligible assets costing more than $1,000 acquired from 13 December 2008 until 31 December 2009, and installed ready for use by 31 December 2010.
To benefit from this Tax Break a small business must have a turnover of less than $2.0 million a year.
Forget the tax break, shop at your locally owned store
This may look good on paper, but unless you actually need to make any investment in capital purchases such as motor vehicles or equipment, how does it actually help small business?
It certainly helps large businesses – the suppliers of motor vehicles, national stationary / office equipment suppliers, hardly normal electical chain stores and the like, but how does it help you, the small business owner in Stirling or Warwick?
Speaking to an accountant of one of our bookkeeping clients recently, he said that whilst the incentive looks very rosy, you should actually look at the costs involved in the purchase of a new vehicle.
Taking all things into consideration for this particular client, the client was going to be worse off purchasing a new vehicle compared to finding a cheaper second-hand vehicle
Many small business owners are understandably looking to save money wherever they can, believing that’s the only way that they can increase their income. Yet at the sametime, they also want to increase their turnover by attracting more customers or upselling existing customers.
Why do small business owners have a problem with supporting other small-to-medium enterprises?
Many of our bookkeeping clients take their shopper dockets from the major supermarkets, to get discount fuel, rather than paying a few cents more (perhaps) for fuel from independent service station operators.
The same clients buy all their fruit and vegetables, meat and other groceries from the large supermarket chains instead of supporting small independent green-grocers or butchers
Why do small-to-medium enterprises complain that your potential customers are going to the large companies or multi-nationals instead of shopping from you? Maybe we should stop pointing the finger at other people, and start asking ourselves, why do small businesses have a problem trading with other small businesses?
Do large companies really care about the local Stirling to Warwick, Gwelup to Balga, business owner? Not when the head office is in Sydney, Melbourne or even overseas
The positive effect on the local economy would be far wider reaching than all of those small business owners that continue to support large companies who are only interested in making huge profits for their shareholders (many of whom are large multi-nationals themselves).
Go shopping at your local independantly owned business, take business away from large corporations and bring back competition to the market place – you’ll be helping the local econmy whch will in-turn help your SME
July and August are busy months for many registered tax agents around Perth’s northern suburbs – as individuals hurry to lodge their income tax returns in the hope that they’ve been paying too much PAYG tax and hope to get a tax refund.
This time of year brings many enquiries for our bookkeeping service. The main questions are, for a basic Tax Return: “How Long, and How Much Fees?”
Stroll through any large shopping centre Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, Perth, Western Australia, and you’ll see that centre management have rented out the floor space in the middle of the mall to tax agents who’ve set themselves up like a fast-food outfit.
Wham, Bham, thank you, ma’am, and it’s all over!
Get ‘em in, sit ‘em down, fill in a form, and click a button …. Gone!!
We get quite a few enquiries from individuals, on a salary, with little expenses that they can claim, so their tax return is very straight forward. We are not registered Tax Agents and cannot advise / lodge tax returns on their behalf, though we can help with getting your documentation preparedcontact us
Normally if you go to a shopping centre around Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, you’ll most likely find a registered tax agent – they’ll most likely set up a table at this time of year, and be sitting with their laptop waiting for the next customer to come along – costs about $100 and takes about 20 minutes, with about 3 or 4 weeks to get answer from ATO
Some of these tax agents only operate for a few months of the year, specifically to help individuals with their tax returns.
Small business owners may find that the service offered by these quick-fix-tax-return booths are not set up to handle your needs, and that’s where a mobile bookkeeping service such as ours can be of great benefit to you
As bookkeepers, we can help with any bookkeeping requirements you may have, so please feel free to contact us to discuss your bookkeeping setup
Happy New Financial Year – In Australia, the financial year starts on 1 July and ends 30 June
Have you made any New Year’s Resolutions?
We always encourage our clients from Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, Perth, Western Australia, to get a better handle on their paperwork – it save us time, and thus save our clients money in bookkeeping fees.
A very simple bookeeping habit to get into is simply this: everytime you pay an account, be it an invoice, or even making a cash purchase, you can do a little bit towards your bookkeeping.
Write the date you paid the invoice, the amount you have paid, and the source of funds used for the payment.
Straightaway you are asking:”Why do I have to write the amount that I have paid on the invoice, when there’s already an amount printed on the invoice? Well, we do not know whether you are paying the whole amount as stated on the invoice, or whether you are making a part payment.
Why write the date of payment, when the invoice clearly states the invoice due date – Again, how does your bookkeeper know when you actually paid the invoice, without spending a few minutes chasing up the payment
Why write the payment method? You may have paid by cash, or by cheque, or by credit card, or Internet Bank Transfer
So which bank account, credit card account or other source of funds did you pay the invoice from?
A simple extra minute spent adding this information on your bookwork could dramatically reduce your bookkeeping fees each year
There’ many other New Year’s Resolutions that you could be making for a successful twelve months in your business
Our team of bookkeepers will travel to your premises and work on your computer helping you keep your bookkeeping up to date.
Whether you are based in Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, Perth, Western Australia, we can service all your bookkeeping requirements
Our mobile bookkeepers can assist you with all aspects of your bookkeeping. You may be using MYOB or Quickbooks, or other accounting software.
Contact our team of Perth Inner Northern Suburbs bookkeepers to help you get your accounting in order
So you’ve bought Quickbooks or MYOB – What Next?
Our team of bookkeepers will show you how to install the accounting software package. Just let us know when would be a suitable time, and we can spend an hour or so getting everything functioning to suit your individual business
We can show your bookkeeping staff how to use the software. Many business owners raise invoices directly with MYOB or Quickbooks – We’ll show you how to customise the invoices and add your company logo, address details and any other information that you may need on your invoices
Software Installation Service
Our mobile bookkeeping team offer businesses in and around Inner Northern Suburbs of Perth a software installation service for businesses that have purchased an accounting package, such as MYOB, Quicken or others, and have no idea were to start.
Our installation service of computer accounting package includes
We recommend two hours for the first site visit. It may take longer if you require us to enter all your data in the first visit. We can then organise a second visit after 2-3 weeks, to check what you have done and give additional training if required.
Our Inner Northern Suburbs of Perth Bookkeepers save you time, worry and most importantly you will save MONEY!! For your business’ sake and your sanity Contact usNOW!
For a limited time are offering a FREE consultation.
To take advantage of this offer Contact Us TODAY!
2nd Quarter: 28/02/12
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