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Louise McLoughlin

Louise McLoughlin is the Principal Bookkeeper at e-BAS Accounts

10 Characteristics of the Ideal Bookkeeping Client

We’ve been running our bookkeeping business for over 10 years and in that time we’ve worked with many different clients; some have been wonderful and others not so great. So what makes a great client or ideal client? We have compiled our list of 10 characteristics that we believe the ideal bookkeeping client presents. Continue reading

New File Transfer Function in BAS, Tax & Business Portals

The ATO has announced that a new function is now available in the BAS, Tax and Business Portals: File Transfer. This is a major improvement to the portals’ functionality and will be welcomed by Tax and BAS Agents across Australia.

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Can You Trust Bank Feeds?

It’s common knowledge now that if you are using cloud accounting software, you have access to bank feeds i.e. your bank transactions are pulled into your accounting file from your bank institution on a daily basis via the magic of the “cloud”. This means that you have up to the minute updates of exactly what’s happening in your business accounts. This is a great thing – no doubt. It also means the amount of time you would otherwise spend on tedious data entry is considerably reduced – what’s not to like? Undoubtedly bank feeds have been a real boon for business owners and bookkeepers alike but lately, due to some recent events in our BAS Agent practice, I have started to wonder if we actually can or should trust bank feeds. Let me tell you what happened……

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Sleepless in Sin City

At the moment I’m regularly losing sleep over something that happens quite a bit in our practice. It’s something that really worries me to the point that I almost wasn’t going to write this post because I know that some will frown upon us when they read it. Anyway here goes nothing, here’s the problem:

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My Saasu Wish List

Over the last few months, while I’ve been using Saasu accounting software, I’ve been keeping a diary of issues and items that I would like to see changed and/or improved in the future. I am calling it my “Saasu Wish List”. Here’s my list so far:

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Are Bookkeeping Conferences a Waste of Time?

So far this year, I’ve attended 3 all-day bookkeeping conferences/seminars (and it’s only April!). I’ve attended each one hoping to come away with more knowledge, more skills and more business insights. While I certainly did pick up a few tidbits here and there, in general, I came home feeling like I had really just wasted my time. Don’t get me wrong, the organisers of these events do a wonderful job; putting events like these together is no easy feat by any means and as such, I have great respect for them! However, I’m starting to think that my time would be better spent attending one-day technical training seminars in which I could improve upon the skills and knowledge I already have as a BAS Agent. Conferences have their place that is certain, but at the end of the day, are they really benefiting us as BAS Agents and accounting professionals? Are we really actually learning anything useful at conferences? I for one will be looking for specific technical training in the near future in lieu of attending conferences next year. It would be great if some of the bookkeeping associations would provide this sort of training to us rather than putting all of their resources into one annual conference. Just my two cents worth!

What do you think? Are conferences beneficial to you as an accounting professional? Do you think you need more technical education as a BAS Agent?

BAS Preparation Checklist – Free Download

Here at e-BAS Accounts we do everything via systems and checklists. When we process a client’s BAS we use our “BAS Preparation Checklist”. Using the checklist ensures that we never miss a thing! Today we are sharing the checklist with you – it’s free to download! Enjoy!

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Xero Essentials: Auto Superannuation Payments

This Xero Essentials video discusses the process of auto super payments in Xero.

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Xero Essentials: How to Process a Payrun

This Xero Essentials video explains how to process a payrun in Xero.

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Xero Essentials: Employee Portal

This Xero Essentials video tells you all about the Employee Portal and how that works.

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