The Tax Agent Services Act 2009 (TASA 2009) together with two other pieces of legislation known as “Regulations” and “Transitional Rules” make up the legislation or new laws that now govern the behaviour and business dealings of all bookkeepers, tax agents and now, the newly termed, “BAS Agents”. TASA 2009 was enacted on 1st March 2010.
…Tax Agent Services Act 2009 Read More »
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.
…10 Characteristics of the Ideal Bookkeeping ClientRead More »
10 Characteristics of the Ideal Bookkeeping Client Read More »
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 on 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……
…Can You Trust Bank Feeds? Read More »
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!
…BAS Preparation Checklist – Free Download Read More »
The other day I visited a client who told me about Load & Go Visa Cards. He was looking for a way to better handle giving petty cash to employees for minor business-related purchases. It wasn’t that he didn’t trust his employees with the cash, it was more that the physical handling and recording of cash purchases was becoming difficult to maintain and as a result, some purchases were not being recorded at all. My client wanted a more efficient system for petty cash purchases and after some research came across Load & Go Visa Cards from Australia Post. These are rechargeable pre-paid Visa cards to which you add your own funds up to the value of $999.00.
…Load & Go: Australia Post’s Visa Prepaid Card – an Alternative to Petty CashRead More »
Load & Go: Australia Post’s Visa Prepaid Card – an Alternative to Petty Cash Read More »
Xero has decided to change some of its tax codes. This will happen in a new release in late March 2013. Two codes are being dumped and 3 new codes are being introduced.
…Xero Tax Code Changes Read More »
This is part 3 in our blog series about source documents. In parts 1 and 2 we explained what source documents are, why they’re important, and also how our clients deal with them. Today we will look at how the legislation which guides us as BAS Agents impacts the way we work with source documents.
Source Documents & Our Obligations as BAS Agents Read More »
Last week we looked at source documents, what they are and why they’re important. This week we look at how our clients work with source documents, how they deliver them to us, and the various issues that can arise from time to time.
How do our Clients Deal with Source Documents? Read More »
Bookkeepers and accountants who are processing your accounts may ask you to present “source documents” to verify the information in your accounting file. What are source documents and why are they important?
…What are Source Documents & Why are they Important?Read More »
What are Source Documents & Why are they Important? Read More »
From 1 January 2013, the Paid Parental Leave Scheme will be expanded to include the new “Dad & Partner Pay”. Under this new scheme, eligible working fathers and partners can get up to 2 weeks of Dad and Partner Pay to take time off work to care for a newborn or newly adopted child. This applies to both heterosexual and same-sex couples.