by admin | Jun 30, 2014 | Uncategorized
Ok, no one likes housekeeping. But for business, July is the month you need to make sure you have properly closed off the last year and can start the New Year the right way. Here is the essential checklist to prevent last year overflowing into this year: –...
by admin | Jun 30, 2014 | Uncategorized
The 2% debt tax is in and the carbon tax is out. We look at some of the highlights for the new financial year. The push for changeThe Senate composition changed on 1 July and with it, the Government’s opportunity to push through its reform agenda. The...
by admin | Jun 25, 2014 | Uncategorized
1. Write-off bad debts. To be a bad debt, you need to have brought the income to account as assessable income, and given up all attempts to recover the debt. It needs to be written off your debtors’ ledger by 30 June. If you don’t maintain a debtors’ ledger, a...
by admin | Jun 25, 2014 | Uncategorized
This is a general list of what to have ready when we next meet with you. • Accounts data file • Debtors & creditors reconciliation • Stock take if applicable • 30 June bank statements on all relevant loan documents • Documents on new assets bought or sold,...
by admin | Jun 25, 2014 | Uncategorized
Having your paperwork organised always makes life much easier. Preparing your end of year documents and information prior to coming to see us will save you time and money. This is a general list of what to have ready when we next meet with you. • PAYG Payment Summary...