RECEIPTS AND EXPENSES

Your options for collecting and storing the right evidence!

I see you… the overwhelm of getting everything ready for tax time is REAL. 

Do you have all your invoices and receipts?

Bank statements?

… but are they all stuffed in a box under your bed? Or in...

STP = Single Touch Payroll

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...

Inventory is a just fancy word for stock - think products, things, physical stuff you sell to your customers. 

There are three main types of inventory. 

1. Merchandise/products that you’re reselling (i.e. buy it from someone, sell to someone else), 
2. Products you sell as a part...

PAYG-W

PAYG-W stands for Pay As You Go Withholding. These are tax amounts that the employer withholds from their employees' salary and wages, to then be paid to the ATO on their behalf. Businesses also withhold money from contractors who might have voluntary agreements in place and...

Fantastic news everyone - I have clients! 

It's funny, often we set up businesses with just a concept or idea, and a gut feeling that it will work... but with no customers.

I was fortunate to join Accodex with an existing client base, but it is awesome to how quickly the business has grown...