After focusing on getting yourself up and running, looking at sales and working on the front end, it’s likely your administration and accounting practices have been left somewhat forgotten. With more customers defaulting on payments, now more than ever is the time to get your business’ accounting practices into shape.
The Australian Taxation Office has more government funding than ever before, intended to help it ensure all taxpayers pay what they’re obliged to. To avoid unwanted attention, an expert is urging all businesses to check the ATO’s benchmarking records, to ensure their percentages are in the acceptable range for their industry.
Customer credit terms are a negotiation not to be to be taken lightly, and a selective procedure is vital for business protection, success and longevity.
WIP, Coy, IWO – what does it all mean? Here’s a decoded list of the accounting lingo and jargon SMBs come up against every day.
Every small business owner needs a good advisor and many need help to stay on top of record keeping, which is where a good accountant can lend a hand.
Now’s the time for SMBs to reflect on the year gone and plan for the one ahead, and accounting expert John Corias suggests owners focus on five key areas when making plans for the next 12 months.
MYOB has officially launched its $75 million next generation accounting solutions, as part of a new vision for the company’s business management systems.
The first full cloud outsourced accounting department for SMEs has officially launched, with AccountsTeam giving small businesses access to services and experience traditionally only available to large corporations.
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