Posts

Often in Excel models we need to calculate the number of working days between two dates. For example we have a sales figure generated between two dates and we want to calculate the sales per day so that we can test our forecast for reasonableness. For this we can use the function NETWORKDAYS. The function […]

Single touch payroll is coming to small companies of under 20 employees on 1 July 2019. So. What will that mean to you? Should you be worried? No. See it as an opportunity to embrace some of the technology you have been hearing about. If, like many of you are, Xero is your preferred software […]

Start Planning your year end to take advantage! On January 29, 2019 the Prime Minister announced that the instant asset write-off would be extended to 30 June 2020 and that the threshold would be increased to $25,000. These changes take effect from January 29, 2019. For more information refer to the Minister for Small and Family […]

On Friday 7th December 2018, the ATO issued a clarification in relation to the legislation to extend Single Touch Payroll to all employers from 1st July 2019. Please note that this legislation has not yet passed the Parliament, despite some public commentary that suggests it has.The Treasury Laws Amendment (2018 Measures No.4) Bill 2018 was […]

Cash. A small word that is massive to a business. If your cashflow is bad, it can drag the whole business down faster than most other things. Consider doing some practical things to help your cashflow get better. Formulate a credit policy. Communicate it to your customers, they are more likely to pay you on […]

Technology has made it easier for people to work flexibly and remotely. In fact, flexible working is now such a widely recognised method that the Fair Work Commission has introduced new rules on how to make arrangements and manage employee requests. Employers will need to know the new rules to remain compliant, but it’s also […]