STP Phase 2
The Australian Federal Government announced in the 2019-20 Budget, their planned expansion of Single Touch Payroll (STP). Known as STP Phase 2 (STP2), the expansion will reduce the burden for employers who need to report information about their employees to multiple government agencies. The mandatory start date for STP2 reporting was on 1st January 2022, […]
The Benefits of Outsourcing Your Bookkeeping
Bookkeeping is a crucial part of every business. It allows you to meet your Tax obligations and provides you with meaningful reports to address your business challenges, uncover opportunities and plan your next goals. You’ve just opened a restaurant. You’ve got years of experience in the industry, you’re a pro at front of house and […]
Business Intelligence
Business Intelligence (BI) comprises the strategies, processes and technologies used by an organisation that converts raw data into meaningful information. In our January’s Blog we wrote about how Innovation, Integration and Technology can increase business efficiency, accuracy and over all help to manage your business better. Business Intelligence is the process of using the data […]
Innovation, Integration and Technology
Working effectively and efficiently is crucial to a successful business. All the blood, sweat and tears maybe for nothing if your systems are slowing you down. The world is rapidly evolving with the rise of technology, it is shaping the future of systems in business and accounting. It is easy to become overwhelmed and stick […]
What are Cloud Accounting Systems?
Cloud computing, as a concept, was around as early as the 1950s. It all started when corporations and learning institutes started experimenting on using their large-scale mainframe computers to support access from multiple terminals at the same time. The mainframe computers use their immense processing power to deliver data to the terminals. The technology at […]