Inventory are the products that we buy or make to then sell in our business. Manufacturing is the process of making the inventory ourselves from raw materials (rather than buying it from another business to then on-sell to your customer). It can be a complicated process and certainly the proper...
STP is a function that the ATO introduced that requires employers to process their payroll (weekly, fortnightly, monthly etc.) and report to the ATO that payroll information each time. It is ‘single touch’ simply meaning it is a pretty straightforward...
There are three main types of inventory.
I know some of us love the ‘silly season’ and can’t wait to see friends and family, and exchange gifts - and I also know others might have uncomfortable histories with the holidays. You might love the pageantry of it all or hate the capitalist pressure of buying...
‘Super’ is just short for superannuation. You can get more information on super in our blog if you need.
There are a few changes effective from 1 July 2022, but there are two key changes relevant to our clients:
1. The amount of the super...
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This is a new thing, launched 1 November 2021. It will be a...
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