MYOB Launches Single Touch Payroll Trial Product

STP: Turning wages and super into one electronic payment LAST WEEK, MYOB LAUNCHED a beta trial of its single touch payroll (STP) product, as it gears up for the July 1, 2018 compliance deadline. Businesses with 20 or more employees need to have transitioned to the...
Does the ICB Have a Conflict of Interest?

Does the ICB Have a Conflict of Interest?

How to get your CPD points NOT LONG AGO we published a post about industry associations, such as the Institute of Certified Bookkeepers (ICB), and how they were useful for would-be BAS agents because a membership makes it easier to register with the Tax Practitioners...
Is Xero’s Partner Program Really Affiliate Marketing?

Is Xero’s Partner Program Really Affiliate Marketing?

What to know about partnering exclusively with Xero XERO HAS BECOME ONE of the major accounting software players in Australia. Like the other two major cloud accounting programs, Xero offers a partner program (officially, the Xero Partner Program), in which...
Do Bookkeepers Need to Learn All Accounting Programs?

Do Bookkeepers Need to Learn All Accounting Programs?

Ways to diversify your bookkeeping skills NOT SO LONG AGO, bookkeepers and accountants only had to learn to work with one accounting program. That was back when MYOB, the market leader, had a strangle-hold on the industry, and though a few alternatives – Reckon,...

The Cloud Accounting Risk

When the downside of cloud accounting becomes apparent IF YOU FOLLOW XERO in the news, then you might already be aware that since the cloud accounting giant’s migrated over to Amazon Web Services (AWS), the technology arm of the e-commerce company, Xero’s servers have...
What are Practitioner-Created (and Endorsed) Training Courses?

What are Practitioner-Created (and Endorsed) Training Courses?

Learn from the professionals living and working in your industry YOU HEAR A LOT about industry association-accredited training courses and internationally accredited training couses; which are typically training that’s delivered by an industry association at a...
What Does Employer Recognised Mean?

What Does Employer Recognised Mean?

Going beyond merely training and helping you to establish your career THERE ARE A NUMBER OF industry associations that BAS agents (and aspiring BAS agents) can choose to join. However, as a BAS agent you are not compelled to join an industry association unless you...
Catch Up or You’ll Need Rescue Bookkeeping

Catch Up or You’ll Need Rescue Bookkeeping

Is the approach of the end of the third quarter stressing you out? If the need to lodge another Business Activity Statement soon is already stressing you out (or indeed, if you haven’t even considered it yet — or more to the point, you haven’t for the past...
What’s an Earnings Guarantee?

What’s an Earnings Guarantee?

Will your business be able to stand up without an earnings guarantee? WHEN YOU START A NEW franchise business, you may be offered what’s called an “earnings guarantee” or “income guarantee” for a period of time after you first start the...

Announcement: Updated Intuit QuickBooks Online Course (#522) Training Workbook

Intuit QuickBooks is gaining in popularity since MYOB made a false start in the online (cloud) accounting market. Their software is well priced and feature rich and now they can deal direct with Aussie businesses they’re always on special! Just wanted to share...
MYOB, Xero, Quickbooks and the Cloud Accounting Ecosystem

MYOB, Xero, Quickbooks and the Cloud Accounting Ecosystem

How the cloud accounting ecosystem has paid off big time: And how Xero has become the preferred accounting software for Aussies and New Zealanders (Part 2 of 2) FOR YEARS, MYOB was the Australian market leader in accounting software. Small businesses and accountants...
MYOB, Xero, QuickBooks and the Cloud Accounting Ecosystem

MYOB, Xero, QuickBooks and the Cloud Accounting Ecosystem

How accounting is becoming more simplified: And how bookkeepers and accountants can become a “one-stop-shop” for those needing help with their finances (Part 1 of 2) EARLIER THIS YEAR, Intuit, the parent company of cloud accounting system QuickBooks,...
 
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