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Entries from March 2008

Who’s fooling whom on 1st April

March 31st, 2008 · Comments Off · Bookeepers

We’ve set a number of appointments up, and each one has ended with the question “You will be here, won’t you?”
There’s always talk of playing practical jokes on April 1st
The origins of this custom are complex and a matter of much debate. It is likely a relic of the once common festivities held on [...]

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Help Starting A Bookkeeping Business

March 22nd, 2008 · Comments Off · Bookeepers

We received an email yesterday from a lady who’s working fulltime as a bookkeeper for a company, and has now decided she wants to set up on her own.
Why spend (waste) money and time trying to reinvent the wheel?

So she contacted us for help. There’s nothing unusual about a request like this: We get many [...]

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Bookkeeping and Leaking Pipes

March 20th, 2008 · Comments Off · Bookeepers

or “Why you need a Bookeeper”
You may well ask how bookkeeping relates to leaking pipes. Simply this: As Business Owners / operators you need to keep a handle on your finances to keep your business running. In order to do that you need to ensure that your bookkeeping is kept upto date, is accurate and [...]

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Expanding Bookkeeping Business

March 14th, 2008 · Comments Off · Bookeepers

Every Accountant and bookkeeper will find that clients come and go, for whatever reason. People sell their business. A business may expand and need a full time in house bookkeeper or accountant. So what happens when you look for new bookkeeping clients?
It’s tempting to take on every client that comes your way, but remember, you [...]

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Part Time Bookkeeper or Bookkeeping Part-time?

March 7th, 2008 · Comments Off · Bookeepers

There’s a big difference between a client employing a part-time bookkeeper and having a bookkeeper part-time.
Many small business operators understand the benefit of engaging the services of a bookkeeper part-time. However, those same business owners do not necessarily want a bookkeeper who works part-time. A bookkeeper who works part time may not have all [...]

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Would You Employ This Bookkeeper?

March 5th, 2008 · 1 Comment · Bookeepers

“I’ve been working in the industry for approx 5-6 years as an Accounts Manager / Bookkeeper and would like to become more independent and work for myself rather than on a wage.
Not sure if you are able to help me.
My contact number is work. So I would appreciate if I [...]

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BAS Lodgement Due 28 April 2008

March 3rd, 2008 · Comments Off · Bookeepers

No sooner have we finished lodging BAS for the December Quarter, to find the January – March 2008 Quarter will soon be due
Monthly BAS
If your business submits the (BAS) Business Activity Statement monthly, then 21 March 08 is the due date for for lodgement and payment of the February 2008 monthly activity statements
Quarterly BAS
Most businesses [...]

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Replacing The Simplified Tax System

March 2nd, 2008 · Comments Off · Bookeepers

It seems that the simplified tax system wasn’t really simple after all. The ATO have decided that the simplified tax system will no longer operate from 2007–08 and later income years.
It’s been replaced by the small business entity provisions. You can continue to use the concessions that were in the STS if you are a [...]

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