#Expenses
ANZ’s NZ CEO departs after expenses review
ANZ’s NZ chief executive has left the bank after an internal review raised concern among board members over his personal expenses. ANZ on Monday said David Hisco had accepted that “characterisation of the expenses falls short of the standards required” and had been replaced as ANZ NZ CEO on an interim basis by Antonia Watson. […]
A guide to managing expenses for small businesses
Managing expenses is a common headache for managers and finance teams, who often need to sort through hundreds of receipts, invoices, pay cheques, and reimbursement claims daily. Digitalisation has highlighted the flawed nature of traditional expense management practices, signalling that spreadsheets and paper document filing are insecure and error-prone. Small businesses should introduce simple technology […]
Simple steps to tackle your (fast approaching) tax
Planning begins now for EOFY.
Keeping end of year expenses under control
During the ‘silly season’ it can be easy for expenses to get out of control. Employees are starting to relax and may feel comfortable claiming team lunches or other entertainment expenses back from the business. At the same time, Christmas is a time for giving; many organisations buy gifts at the end of the year […]
How to keep control of business travel expenses
Business travel can turn complicated if it’s not well managed, specially when it comes to travel expenses and making sure these are under control and within budget. In the last few weeks, we’ve seen even the government struggle to manage politicians’ travel expenses. The reality is, today there is technology available that makes it easy […]
New App takes the headache out of tax returns
The ATO is helping Australians to better monitor their tax deductions with the introduction of a new online tool called myDeductions. The tool will allow users to capture work related expenses on the go. Recognising that tracking down one years’ worth of receipts is often be the most time-consuming aspect of lodging a tax return, […]
Further legislation introduced to support small business
Three measures aimed at supporting small business were introduced yesterday as part of the Government’s $5.5. billion Jobs and Small Business package.
Business travel a spending black hole
If you’re flying across Australia to do business and you’re feeling the pinch on your wallet, you’re not alone.
Driving change: a two-step approach to driving expense policy compliance
Are your employees making decisions based on company policy or corporate culture?
How to keep your business’ expense spending under control
When you empower your employees with an expense account, you trust that they won’t blow a few thousand dollars on a suite at the Park Hyatt. But seriously, do your employees really know what’s acceptable?
‘Tis the season for expense reports
SMBs brace yourselves. The receipt race is coming. As the holiday season draws closer and SMBs prepare to shut down over the break, they could find themselves confronted with employees eager to be reimbursed for their expenses they accrued over the year.
10 ways to cut business costs
Good cost management is necessary for all companies, all year round. But where do you start?
A 2-step method for claiming car expenses
Claiming car expenses can be minefield for some business owners, as deduction methods vary depending on your work situation. This simple two-part method will help you decode whether you can claim vehicle expenses, and which methods will help you achieve the best deduction.
To buy or not to buy?
The fine art of deciding when to spring for what you want.
How to keep your cashflow healthy in 2011
So what strategies can you implement now to help the business in the future? How do you improve your position now?
Cashflow still key to small business survival
If there’s one thing that doesn’t change for small business year to year, it’s the importance of good cashflow management.
How to remove economic waste in your business
As a small business owner you would understand the accumulative effect of every dollar. If your business were to save $5 each working day (assuming you work 250 days a year), it will have saved $1,250 – enough for a new laptop.
Australian businesses to save over $3.2 million in costs
Expense Reduction Analysts Australia, a leading cost-reduction and procurement consultancy, announced today it expects to save Australian clients more than $3.2 million in 2010.