Accountant Ready Books in Yarrabilba | Businesses

Accountant Ready Books

Locality: Yarrabilba

Address: 3 LOWTHERS STREET 4207 Yarrabilba, QLD, Australia

Website: http://www.accountantreadybooks.com.au/

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25.01.2022 GST Registered? Then this shows up at least quarterly...

22.01.2022 David Kekich is most famous for his Kekich Credos, which contains 100 awesome insights into better living and success. No#13

21.01.2022 Are all Insurance coverage the same?

21.01.2022 #Hospo #Hospotips #Hospostress Would you say that this pic represents Good Record Keeping? Over the 10 + years I have come across Owners where they have put pen to paper in an exercise book and/or dumped receipts and invoices into a shoebox. This kind of Record keeping brings about too much room for human error and time-consuming costly efforts in correcting. So, what can you do to track your numbers? If this is you, this is my Tip for today to help you through this... Step 1. If sales have already started, then you need to start taking things up a new level and consider cloud-based accounting software and technology. Step 2.. Yes, these are paid services but are well worth the investment. Small business owners reveal how technology is opening new opportunities by eliminating repetitive tasks, streamlining operations and enabling sustainable growth Good record keeping is paramount. And is a requirement under law Step 3. Its really important to track your numbers and cash flow, irrespective of where you are in the business cycle. With good record keeping you begin to understand your numbers and watch your cash flow as it is the heart and soul to build a better business and succeeding If you would lie to learn more. Message me via FB - Happy to chat

21.01.2022 Its Share a Smile Day - What a Top Idea!

20.01.2022 Having watched and worked with the food and beverage businesses for some time now its apparent that they still operate in the Cash Society taking money from the till to pay for cash purchases. If this is you, this is my Hints and Tips for today to help you through this Step 1. It may seem old fashioned but operate a Petty Cash System... Step 2. Its a good idea to set up a simple but clearly documented petty cash system, to help prevent small payments being made out of daily takings. Step 3. Petty cash helps you keep your private and business expenses separate because youre not reaching into your own pocket to pay small business expenses. Step 4. Maintain the petty cash at a set level and ensure that the total amount of all petty-cash receipts is the same as the amount drawn to top up the cash bringing the Petty Cash float to its original amount. Step 5. Monitor this on a regular basis. #Hospo #hospotips #Hospostress Would love to know how you went with this in comments

19.01.2022 Keeping Bookkeeping & Compliance in check

18.01.2022 Peter Peter Pumpkin eater... errrr

17.01.2022 Do You Know - How Much You Should Pay Yourself? #Hospo #Hospostress #Hospotips #books #bookkeeping #businessvision #cashflow #revenue #profit You started your own business to do something you love and make money. But how much should you pay yourself? Too little and you may struggle to survive. Too much and your business might be at risk. ... For many, the chance to set your own salary sounds like a dream come true. But small business owners know the reality is a little more complicated. When you see money coming into your business or when theres cash in the till dont assume you can pay yourself a big slice of that - you should only pay yourself out of your profits not your revenue. Before you take your cut, you also need to take into account things like taxes, payroll, super, fixed costs and overheads. Refrain yourself from dipping into your company funds willy nilly- it may raise eyebrows at the tax office or lead to an audit of your company. Business and personal money issues are a big cause of stress, and if youre stressed then you wont make good business decisions and will harm your productivity. If you are serious about fixing your problems and achieving transformational results Book a Discovery Call today! and lets discover your business vision together... https://calendly.com/maureen-26/discovery-call #businessvision #xero #payroll #revenue

16.01.2022 Xero Advisor Bookkeeping and Cash Flow Specialist

16.01.2022 In all shapes, colours and sizes

15.01.2022 Your FREE Guide Increase Profit by 10-25% - Without Spending Any Money! - https://mailchi.mp//your-free-guide-increase-profit-by-10-

15.01.2022 Sometimes life feels like this...

14.01.2022 Take Out Reasonable Compensation #profitproblems #cashflowproblems #businessvision #bookkeeping #xero #payroll #revenue Depending on where you live in the world, reasonable compensation or a similar term may apply to you. This is known as the amount of money that the government expects you to take from your business. It depends on the size of the business, the market sector and level of turnover and profit.... Here are some pointers for whats a reasonable amount: How much would a similar business pay for the work you do in your role? What do recruitment ads and agencies offer to pay for someone in your position? Are your wages equal to your duties and are those duties being performed? Do your wages seem reasonable when you take into account your level of responsibility and the amount of business you handle? Is your pay directly related to the amount of time you spend working? Does your pay seem reasonable when compared with your employees wages? You can also talk to founders of other, similar businesses and try to find out roughly what they pay themselves. This is a good way to start networking, though you might have to be tactful about it. And take a look at the governments tax websites for further guidelines. If you are serious about achieving transformational results for your business - Book a 15 min Discovery Call today! and lets discover your business vision together!

14.01.2022 #Hospo #Hosptips #Hospostress When the conversation comes up about needing copies of receipts and or invoices to claim business expenses. Some businesses feel that bank and credit card statements are enough to prove business transactions If this is you, this is my Tips for for today to help you through this... Step 1. ATO requirement - need to substantiate your expense claims Step 2. Just having the bank and credit card statement alone is not enough. You need to retain copies of your invoices and suppliers bills, and these should clearly show the type of document (e.g. tax invoice), date, amount, what was purchase, GST and the business ABN Step 3. Need to keep copies for five (5) years from the date of acquisition. Better still, harness technology and use software that can scan these items, that will integrate with your accounting software - this will keep the source documents safe for future reference or in case of a tax audit this will also help to keep chaos from creeping into your daily workload. If you would like to learn more. Message me via F B - Happy to chat

14.01.2022 Consider The Legal Structure Of Your Business #bookkeeping #cashflow #businessvision #cashflowproblems #xero #payroll #revenue How much you can pay yourself, and when, might be restricted by the legal structure of the business you run.... For example, if youre a sole trader youre usually free to pay yourself whatever and whenever you like. Thats partly because youre not accountable to shareholders or stockholders. But other types of business, like incorporated businesses, usually have the business owner on the payroll. They would receive wages on a regular basis, just like any other employee. Be sure to record all transactions in your accounting software so you have an audit trail too. Do this just in case the tax office decides to investigate your payments to yourself. If you are serious about achieving transformational results for your business - Book a 15 min Discovery Call today! and lets discover your business vision together! https://calendly.com/maureen-26/discovery-call

13.01.2022 Quote from Maya Angelou

13.01.2022 How much do you know about the moon?

13.01.2022 Is DIY Bookkeeping capping your business growth? #Hospo #Hospostress #Hospotips A basic premise is that small business owners only want to spend a (limited) certain amount of time and money on their bookkeeping process and whilst their thoughts are that they are saving money it well may be that DIY Bookkeeping is capping their business growth... Here are 4 reasons 1. Having Patchy bookkeeping habits slows you down 2. If you dont have up-to-date data on how your business is tracking weekly or at least monthly, its hard to change your tactics to improve your results. Remember, theres only 12 months in the year. The more months you can win the better. Finding out at the End of Year that you have missed the mark is not ideal. 3. Every decision you make taxes your brain. Every decision you make costs you. Lets say you could make 100 decisions each day across your business How many of these decisions would you spend on deciding how to reconcile your bank? Or is your brain put to far better use elsewhere in your business? 4. To lighten your load. Wouldnt that be nice! Everyone thats started a business understands the true costs > Its measured in stress > Its measured in time away from your family > Its measure in the inability to Switch-off outside of typical working hours Having a professional Bookkeeper on your team can:- Enable better decisions Suggest ways to save you money Help you put the best solutions into your business Increase your Financial IQ to drive better decision making Provide a significant relief to the constant battle you face each day To set you apart to build your dream! Would love to know how you went with this in comments

13.01.2022 How to have a better Financial Year with your business

13.01.2022 Often a second pair of glasses (eyes) can create a clearer picture

12.01.2022 Hey Sam Mac Love This!!!

11.01.2022 Working From Home tips for Tuesday!

11.01.2022 Halloween is looming .. National Pumpkin Day!

11.01.2022 When you're playing small and want to break out of your current limitations...

10.01.2022 Dont Wait till the Wheels Fall Off!

09.01.2022 Have you ever wanted to: Stop leaky profits? Solve some Cash Flow concerns? Remove some Tax worries? Get off the confounded treadmill? Increase Profit to future proof your business? We have a few spots open this week to join our FREE Profit Activator Assessment Session. BOOK A CALL https://bit.ly/2QZaOj2 Today!

09.01.2022 #hospo #books #bookkeeping #cashflow #businessvision 4 Reasons Why DIY Bookkeeping is Affecting Your Cash Flow But, how can that be? you ask, I am doing everything myself, my marketing, own system development, own quality assurance, as well as the actual work on my business, plus my own recruitment, my own training, and my bookkeeping....Continue reading

09.01.2022 Like a fish out of water??

07.01.2022 Do You Know Not To Undervalue Yourself? #Hospo #Hospostress #Hospotips #books #bookkeeping #cashflow #businessvision #xero #payroll #revenue #profit #payroll If youre just starting a business, you might not turn a profit during your first year. Of course, this doesnt mean you shouldnt pay yourself.... Theres no point in being a complete miser with your companys money if it causes you financial and emotional problems. Personal money issues are a big cause of stress, and if youre stressed then you wont make good business decisions. Undervaluing your time and the work youre doing can harm your productivity and your business. Your a Champion and you stand on the podium in first place, so you should pay yourself enough to live comfortably without worrying. Take out what you need to avoid causing problems for your business and your personal life. 4 key questions you need to ask yourself with your business Am I trading profitably? Have I put enough aside to meet my regular financial and tax commitments? Does my business have enough to spend on myself and pay others? Is my business improving its financial position? If you are serious about achieving transformational results Book a 15 min Discovery Call today! and lets discover your business vision together! https://calendly.com/maureen-26/discovery-call

06.01.2022 Be the Super Hero In Your Business By Avoiding These 5 Tax Mistakes Small Business Owners Keep Making #bookkeeping #cashflow #businessvision #cashflowproblems #xero #payroll #revenue #profitproblems Its something of a little white lie, isnt it the one told to aspiring small business owners and entrepreneurs is that hard work guarantees success....Continue reading

06.01.2022 Some Friday Fun

06.01.2022 Quote from Winston Churchill - with a little hint of humor

05.01.2022 Add Yourself To The Payroll And Pay Yourself Regularly #Hospo #Hospostress #Hospotips #books #bookkeeping #cashflow #businessvision #xero #payroll #revenue #profit Dont just dip into your business funds as and when you need to. ... Set up payments for yourself (it may be weekly or monthly) in your payroll software, and stick to them. Build that into your business plan right from the start, perhaps with a rising salary as your business grows. That way youll get used to the amount of money you receive and wont have to worry about taking out occasional large lump sums. They will also look more acceptable to the government, too. If you take out big sums of money at irregular times, it may raise eyebrows at the tax office or lead to an audit of your company. If you are serious about achieving transformational results Book a 15 min Discovery Call today! and lets discover your business vision together! https://calendly.com/maureen-26/discovery-call

05.01.2022 Emoji Day- share your favourite emoji

03.01.2022 7 Tips to separate success from an embarrasing shamble

02.01.2022 In other words Save for a Rainy Day...

02.01.2022 When Not To Pay Yourself #bookkeeping #cashflow #businessvision #cashflowproblems #xero #payroll #revenue #profitproblems If your business is going through a tough time financially, its usually not a good idea to take any money out of your business for personal use.... You should avoid taking any money if your employees havent been paid. It looks bad, and would seriously affect their morale if you did. When you owe a lot of money its also wise to refrain from paying yourself a large amount. Creditors are unlikely to be impressed if youre still taking home a large pay packet while their invoices or loans remain unpaid. If you are serious about achieving transformational results for your business. Book a 15 min Discovery Call today! and lets discover your business vision together! https://calendly.com/maureen-26/discovery-call