From our Business Gurus

Easy steps for Tax and BAS Agents with access to the ATO Integrated Client Accounts, to reconcile this account.

Making the decision to go into business for yourself is great, but watch out for some pitfalls....

The GST deferral scheme is typically only available to businesses who lodge monthly activity statements, and it results in the GST on imported goods being deferred from one BAS reporting period to the next.

When a business purchase is made and a proportion of the purchase is for private consumption or a non-deductible business expense, the amount of GST credit claimed needs to be adjusted.

Factoring of debtors is where a company sells its debts to a 3rd party, such as a finance company, and the 3rd party charges a fee for the service.

If you're looking for a way to generate consolidated reports for multiple businesses, here's a method which might work for you.

Here's a way you can set up your payroll to handle super guarantee payments in the building industry.

If you're looking for a way to record share dividend receipts, this article might be for you.

This article explains a method for keeping track of a share portfolio.

This article explains a method for handling consignment stock from the point of view of the consignee. This method helps track how much consignment stock you hold and incorporates consignment stock into your figures.