The two products are stand alone pieces of software. Purchases and sales of assets require you to enter the information into both accounting packages, effectively double entering. One of the reasons behind this is that when something is purchased, you may not label it an asset immediately. MYOB AssetManager Pro will however produce depreciation journals, [...]
ACCA is now recognised as a professioal association by the Australian Government Taxation Office, as defined in section 251LA of the Income Tax Assessment Act 1936.Please refer to the link below;http://www.ato.gov.au/businesses/content.asp?doc=/content/40604.htm&page=2&pc=001/003/072&mu=30280&mfp=001/003&st=&cy=1Heather Smith owner of ANISE Consulting, has been a Fellow of the Association of Chartered Certified Accountants, for many years, and spearheaded the Associations campaign [...]
From the AustralianSMALL BUSINESS Peter SwitzerNovember 28, 2006AN international report has ranked Australia No2 when it comes to small business, while a local expert on regulation says the tax office is not as bad as we think. Wonders will never cease!Angela MacRae advised the Prime Minister's Department on the GST and was a member of [...]
from SMHNovember 27, 2006SMALL business in Australia is being hindered by a tax system that ranks well behind those of Ireland, Britain and New Zealand for its ease and efficiency, a report by the World Bank and PricewaterhouseCoopers says.A simpler tax system is the key to tax reform, increased government revenue, vibrant businesses and foreign [...]
Quite time, Seasonal Time, Between a job and a business?You need to keep the cash flow positive even while you are chasing your dream. Here are 7 suggestions on how to generate a few streams of positive income. 1. Sign up for temporary employment with the Australian Electoral Commision (www.aec.com.au), P: 13 23 26, M: [...]
Here are some of the ways I have been able to promote my business for free :-1. I created a blog www.aniseconsulting.blogspot.com - go to www.blogger.com to create your own. I then register the blog with several search engines, and posted articles that current and potential clients may find interesting. Cost FREE. Time 15 - [...]
The Electrical and Communications Association, are holding free seminars on understanding work choices,ECA will deliver an education programme on the changes the new WorkChoices legislation has brought to our industry throughout Queensland. The seminars will be held around the South East corner. The seminars will run for around one and a half to two hours [...]
28 Oct - Super Obligation due28 January - Super Obligation Due28 April - Super Obligation Due21 May - FBT Due14th Jul - Payment Summaries Due28 July - Super Obligation Duefrom Heather Smith ~ MYOB Certified Consultant
Do you realise that even though you are only a one man operation, you are still woring for a pty ltd company, which is a sperate legal entity to yourself, and you will need to;Register for PAYG Witholding (ring the ATO on 13 28 66).Complete and mail off a tax file declaration (you can get [...]
The ATO has a list of super funds that will accept small or irregular super payments for your casual employees...visit www.ato.gov.au.from Heather Smith ~ MYOB Certified Consultant