Accounting

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Accounting
Phil Khor added an answer to this question
Phil Khor

Phil Khor, Founder at

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As Kirsty said, the easiest accounting software package for small businesses boils down to personal preference and what you are using it for. Xero, QuickBooks, Reckon, Sassu (and many other accounting software programs) are designed with small business owners in mind and have excellent resources to equip ...  Continue Reading
Bruce Patten added an answer to this question
Bruce Patten

Bruce Patten, Director at

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Every business is different so there is no best software accounting package. MYOB, Xero, WAVE, Quickbooks etc all have different functionailty. Does the business need a POS  interface? Does it require stock records? Do you need time keeping, traceability, barcode reading,  multiple ...  Continue Reading
Hatty Bell

, Community Manager at

Great insight @Bruce Patten 

Amanda Hoffmann - Certified Bookkeeper, BAS Agent added an answer to this question
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Amanda Hoffmann - Certified Bookkeeper, BAS Agent

Amanda Hoffmann - Certified Bookkeeper, BAS Agent, Owner / Manager ★ Certified Bookkeeper ★ BAS Agent at My Office Books - Virtual Bookkeeper & BAS Agent

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BAS
If you are a business registered for GST you will be required to lodge a Business Activity Statement. This statement will include PAYG for staff and PAYG instalments along with other taxes like Fringe Benefits Tax, Fuel Credits or Wine equalization Tax.
See https://www.ato.gov.au/business/business-activity-statements-(bas)/ ...  Continue Reading
Hatty Bell

, Community Manager at

Thanks so much for this @Amanda Hoffmann - Certified Bookkeeper, BAS Agent . Really useful information there! 

Amanda Hoffmann - Certified Bookkeeper, BAS Agent added an answer to this question
Amanda Hoffmann - Certified Bookkeeper, BAS Agent

Amanda Hoffmann - Certified Bookkeeper, BAS Agent, Owner / Manager ★ Certified Bookkeeper ★ BAS Agent at My Office Books - Virtual Bookkeeper & BAS Agent

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The price will vary depending on the experience/qualification of the BAS Agent and what services are included. 

Hatty Bell

, Community Manager at

Amanda Hoffmann - Certified Bookkeeper, BAS Agent added an answer to this question
Amanda Hoffmann - Certified Bookkeeper, BAS Agent

Amanda Hoffmann - Certified Bookkeeper, BAS Agent, Owner / Manager ★ Certified Bookkeeper ★ BAS Agent at My Office Books - Virtual Bookkeeper & BAS Agent

Top 10%
When you fail to pay your BAS on time, the Australian Taxation Office may impose a late lodgement penalty fee.
One penalty unit will be applied for each 28 days that you are late which equals $222
See https://www.ato.gov.au/general/interest-and-penalties/penalties/

If you know you will ...  Continue Reading