General Archives | Page 3 of 7

4 Ways New Technology is Changing Small Business

Technology has changed many aspects of the way businesses operate. One thing is for sure; the rapid advancement of technology is not going to slow any time soon. Those businesses who choose to keep up with and embrace current technology will reap the rewards of this, while those who fail to adapt will be left behind. The Rise of Mobile More and more people are using mobile devices to shop, find local businesses and share their retail experiences on social media. Cisco, [...]

SuperStream Compliance Date for Small Business Extended

The ATO has recognised that some small businesses need extra time to become SuperStream compliant. Because of this, the ATO has announced it will provide flexibility to small businesses that are not SuperStream ready until 28 October 2016. These businesses were previously expected to be SuperStream compliant by 30 June 2016. “The ATO will not be taking compliance action against businesses who miss the 30 June deadline and will continue to work to support them to get ready for SuperStream,” Says [...]

29/07/2016 By Kelly accounting, General, small business, SuperStream accounting software, small business, superstream 0 Comments

ATO announces simpler BAS reporting for Small Business

One of the biggest complaints from small businesses has been that there are a lot of forms for them to fill out and reports for them to complete in order to remain compliant. The ATO has decided to make things simpler for small business by committing to reducing to reducing GST compliance costs. This action will save both time and money for small business owners by making account setup, bookkeeping, BAS preparation and lodgement much simpler. From 1 July 2017, small [...]

22/07/2016 By Kelly accounting, General, small business accounting software, BAS, compliance, small business 7 Comments

What does the 2016 Federal Budget mean for your small business?

The Federal Budget was handed down last night with changes announced in many areas such as Education, Welfare, Defence & Security, Superannuation and Taxes. Several of our business owners are wondering how the 2016 budget will directly impact small business. The general consensus is that small businesses are winners in this year’s budget. Eloise Keating of Smart Company writes; “If last year’s budget was built upon the ‘biggest small business package in our nation’s history’, then the 2016 budget could be [...]

22/07/2016 By Kelly General, small business accounting software, federal budget, small business 0 Comments

Cashflow Manager Version 10 is here!

We are excited to announce the arrival of Version 10 of Cashflow Manager, Cashflow Manager GOLD and Wages Manager. The new features in Version 10 will help our small businesses save hours of time with their bookkeeping as well as keeping them compliant with the Australian Tax Office. The help files that are included with your Version 10 software provide detailed instructions on how to operate the software, so please refer to these files before you get started. Key new features: CASHFLOW [...]

15/07/2016 By Tim Millar accounting, General, My Cashflow Manager, small business, SuperStream accounting software, small business 11 Comments

7 Perks of Starting Your Own Small Business

Starting a small business can be scary. We often hear about the risks involved in striking out on your own, but with risk comes reward. These are some of the greatest advantages of going into business for yourself. You are your own boss One of the absolute best things about running your own business is the total freedom to make the choices that drive your business success. Most small business owners will agree that there are few feelings better or more [...]

02/07/2016 By Jordan Taylor General, small business small business 0 Comments

5 tips for running your small business from home

Working from home has many advantages, besides being able to keep you pyjamas on all day. Even full time office workers are working remotely from home in greater numbers these days. Being able to dive straight into your work without a lengthy commute is a time and money saving joy, but working from home is not without its share of challenges. It can be all too easy to get pulled away by well-meaning friends or family members or household [...]

19/06/2016 By Jordan Taylor General, small business accounting software, home business, small business 0 Comments

What does Single Touch Payroll mean for your Small Business?

Single touch payroll (STP) is a system that the federal government wish to implement which will help to streamline business tax and superannuation reporting for small businesses. STP was originally planned to come into action on 1 July 2016, but has now been delayed until June 2017. Pay As You Go Currently, employers manually report Pay As You Go (PAYG) withholdings to the Australian Tax Office (ATO), but under the new STP system, this information will be automatically reported to the ATO [...]

05/06/2016 By John Maddock accounting, General, small business accounting software, single touch payroll, small business 4 Comments

Should my small business upgrade to Windows 10?

Windows 10 builds on Windows 8’s base, offering desktop improvements and extra security features. Should I upgrade? Microsoft claim that Windows 10 is the last major release of Windows, because with Windows 10 you will get your updates and upgrades automatically, for free, for the lifetime of the device it is installed on. Windows 10 returns to the start menu that wasn’t present in Windows 8. It does have touch screen tiles on it by default, but you can remove these if [...]

29/05/2016 By Kelly General, small business accounting software, small business, software upgrade, windows 10 0 Comments

What every Small Business needs to know about SuperStream

What is SuperStream? SuperStream is a government initiative aimed at making the superannuation system more efficient. Under SuperStream, employers need to make super contributions on behalf of their employees by submitting data and payments in a consistent and simplified manner. SuperStream is mandatory for: All employers making super contributions APRA-regulated super funds Self managed superannuation funds (SMFs) receiving contributions What are the benefits of SuperStream? Employers will have the opportunity to use a single channel when dealing with super funds, regardless of how many funds their [...]

22/05/2016 By Jordan Taylor General, small business payroll software, small business, superannuation, superstream 0 Comments