BPI Accounting Services in Stanmore, New South Wales, Australia | Accountant

BPI Accounting Services

Locality: Stanmore, New South Wales, Australia

Phone: +61 2 9565 4111

Address: Unit 7, 43-53 Bridge Road 2048 Stanmore, NSW, Australia

Website: https://bpi.com.au

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25.01.2022 As if running a business wasn’t hard enough, lets throw a Global pandemic into the ring! Rod explains in a quick 1 min video how BPI can help you empower your people. #accounting #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople

24.01.2022 Cash is oxygen for your business and measuring working capital is your regular health check to keep your business alive; especially in turbulent times. Julian explains in this 2 min video, how we can help you identify strategies to increase Working Capital in your business #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople #xero #xeropartners

22.01.2022 Are your accounting fees a cost that should be cut or a sound business investment? Reach out to hear how we can add REAL value to your business! #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople #xero #xeropartners

21.01.2022 Claims for the first JobMaker period can be made from 1 February 2021. Employers may be eligible to claim the JobMaker Hiring Credit if you've hired an eligible employee since 7 October 2020. If you're considering hiring an employee for a new role this year (before 6 October 2021), you may also be able to claim the Hiring Credit.... Click here to find out more. #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople #xero #xeropartners #jobmaker

20.01.2022 More businesses fail due to lack of cash flow than due to lack of profit Rod Thompson, Principal Accountant at BPI warns his clients. Its now more important than ever for all business owners and Directors to assess their current income streams and their short and medium term cash flow scenarios. As both the ‘initial cash flow boost (March April, May & June) and the ‘additional cash flow boost’ (June, July, Aug & Sept) will effectively come to an end, following the Septemb...er BAS lodgement, businesses will need to make sure they have enough cash flow to cover their PAYG liability moving forward. Whilst the focus has been on the extension of JobKeeper, which has certainly been positive for many employees and employers, many businesses will soon face the harsh reality of the ‘bridge to the other side when the PAYG cash flow boost ends. If Company Directors are not aware of their responsibilities and they do not focus on their cash flow in the short and medium term, they could be facing a looming disaster. Now is the time to start planning. Speak to Rod or your BPI Accountant, and map a path to the other side. #WeCanHelp #BPIAccounting #BusinessPartner #SmallBusiness

19.01.2022 We're a small CPA Firm in Inner West Sydney proud of our culture, focused on teamwork and a passion for what we do. We’re looking for an experienced bookkeeper to provide support to our existing Business Services team using XERO. The role will be part-time 2-3 days a week to help us smash out the bookkeeping and help shape and define processes along the way. It’s a fast paced environment so we’re really looking for a Xero expert who can hit the ground running, take the rol...e, own it, and work collaboratively with our existing Business Management team responsible for overseeing the lodgement program. We use XPM, Trello & Microsoft Teams to stay connected and focussed. Were a 100% paperless cloud practice. Click below for details. #BPIAccounting #Bookkeeper #BusinessPlanning #FuturePlanning #SmallBusiness #Xero #Bookkeeping

18.01.2022 If your business is accessing the JobKeeper payment system, a key change recently introduced was the update to the employee eligibility date from 1 March 2020 to 1 July 2020. For any employee that becomes eligible as a result of the changes, the employer must provide them notice within 7 days of the commencement of the legislation ie by 22 August 2020, that they might be eligible for Jobkeeper and ask the employee to provide them with a completed JobKeeper Employee Nominatio...n Notice. Here are some key dates for you: 1. By 21 August 2020, go through your employee list and identify those staff who are not currently accessing JobKeeper, and send out the ATO Notification to Employees now eligible 2. By 31 Aug 2020 make top-up payments to all eligible employees. 3. By 14 Sept 2020 prepare your August declaration 4. Early Oct 2020, check you satisfies the decline in the updated turnover test 5. From 28 Sep 2020, you should only continue to make JobKeeper payments to your employees, at the reduced rate, if you believe you remain eligible. #bpiaccounting #small business #businesspartners

18.01.2022 The ATO have recently released, specific guidance in relation to the requirements for SMSFs to have a relevant and up to date Investment Strategy. The ATO considers that an SMSF's investment strategy must be reviewed regularly and in the event of certain significant circumstances including major market corrections and periods of volatility. They have further advised they will also be reviewing SMSFs to ensure that the Investment strategies are not "generic" and do not meet ...the ATO’s specified guidelines. Your investment strategy must explain how your investments meet each member's retirement objectives, and that in some instances, an updated investment strategy may be required for the 2020 audit and that our Auditors may be required to report the issue to the ATO in an Auditor Contravention Report. We will contact those clients individually which our Auditors have identified as possibly requiring a FY20 review however it is important for all trustees to be mindful that your SMSF Investment Strategy is compliant and up to date. Read the full article on the link below. #WeCanHelp #BPIAccounting #Consultant #FuturePlanning #myLifePLAN #SMSF

17.01.2022 The NSW Government has introduced measures to provide relief to commercial and residential landowners, who provide a reduction in rent to a tenant who is experiencing financial distress as a result of COVID-19. The 2020 land tax COVID-19 relief is intended to reduce a landowner’s land tax payable for 2020, by up to 25%, for a taxable parcel of land where rent relief has been given to the tenant who occupies that land. Landowners eligible for the reduction may also defer their... land tax payments by up to three months. A summary of the relief measures available, eligibility criteria as well as the application process is outlined in the link below. #WeCanHelp #BPIAccounting #Consultant #BusinessPlanning #FuturePlanning #SmallBusiness #myLifePLAN

15.01.2022 Xero have now included Hubdoc in their subscription plans for free. Hubdoc makes it easy for you to upload all your bills and receipts to Xero using your desktop, mobile, email or scanner. Its fast, reliable and will securely centralize all your documents in the one place allowing Xero to automate your data entry and match transactions easily. With a dedicated resource now onboard at BPI, here to help you with your Xero processing, we’ll be in contact over the next week or ...two, to help you seamlessly integrate into your business. Thanks for partnering with us and we look forward to speaking with you about how Hubdoc can help you. #WeCanHelp #BPIAccounting #Consultant #BusinessPartner #SmallBusiness

13.01.2022 Since BPI Accounting was founded in 1999, we have strived to provide our clients the highest level of quality expertise and service excellence. After careful consideration, we made the decision and are excited to announce that we are joining with Kelly+Partners to enable us to continually improve and broaden our level of services to you, our valuable clients. Click to read Rod's personal letter sent to all our clients.

12.01.2022 The ATO have today released their guidance on processing JobKeeper 2 which has been extended from 28 September 2020 until 28 March 2021. There are a number of changes which businesses need to be aware of. Click to read our summary. #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople #xero #xeropartners

11.01.2022 Are you a Business Owner or Director? Would you like to save $81,576.08. Our Virtual Financial Controller service, provides the expert Managerial Accountant advice on call at a fraction of having a full-time employee. Click here to find out how.... #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople #xero #xeropartners #virtualfinancialcontroller #virtualcfo

10.01.2022 We're hiring! We're looking for a business focussed Senior Accountant with at least 5 years experience in public practice taxation, compliance and business services. Manage your own team servicing a diverse client portfolio and help them be the best they can be. ... Click the link to apply. #BPIAccounting #BusinessPartners #Accountant #recruiting

09.01.2022 We've just launched our new website! And we are super excited for you to take a look. Check out our featured Virtual Financial Controller service and let us know what you think. #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople #xero #xeropartners #virtualfinancialcontroller #virtualcfo

08.01.2022 One year on we're all, at times, in our own way, wrestling with the change and the uncertainty of living with the pandemic. A recent survey by Xero of small businesses worldwide, uncovered some of the effects and looked at how small business owners are coping. Click here to read our key takeaways. ... #smallbusiness #bpiaccounting #businesspartners #businesssoloutions #empoweringpeople

08.01.2022 The PAYG tax tables have been updated to reflect the 2020-21 income year personal income tax cuts from 13th October 2020. Employers have until the 16th November to make sure they are withholding the correct amount from salary or wages paid to employees. Xero are working closely with the ATO and have advised they will be updating their Payroll function ASAP. As the changes to withholding have been made part way through the income year, employers and other payers who are unab...le to immediately implement these changes into their payroll, have until 16 November 2020 to do so, and employees & other payees will receive their entitlement to the reduced tax payable for the entire 202021 income year when they lodge their income tax return at the end of the financial year. For more information, go to our website for a link to the ATO tables #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople #xero #xeropartners #ato

07.01.2022 We are now more aware of the challenges, stress, sleepless nights, and constant changes that businesses are going through right now. Rod explains in this 3 minute video how BPI has undergone major changes in the last 12 months looking to the future, and how we would like to help you and your business, in doing the same. We want to help you create time, to do the things you first started out in business, to do. These are the things that generally give you a sense of achievem...ent and enjoyment in running your business. The No 1 priority for BPI is that we always focus on Empowering People. We feel this is a critical step to ENABLE you to be the best you can be! In our experience Empowering People leads to; Building sustainable, scalable businesses and making good life choices #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople

07.01.2022 Let BPI take care of your tax compliance so you can relax and enjoy. With so many of us working from home this year, the ATO has set out some dedicated rules for claiming home office costs during Covid. It’s important you make the best out of what you can claim. We are offering our local Inner West neighbours, a fixed price of $300 for an individual and $550 for a couple, so we can take care of this for you and make sure you're claiming all your tax deductions you might not ...even be aware of. You'll then go in the draw to WIN 6 bottles of Veuve champagne. #accounting #bpiaccounting #wecanhelp #businesspartners #empoweringpeople

05.01.2022 It's not going to get easy, so let's get better. Rod Thompson, Principal Accountant at BPI, welcomes in the new financial year and gives us a snapshot and update including BPI's focus on helping our clients get "better at running our businesses" and how BPI plans on providing assistance to our clients. #accounting #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople

05.01.2022 Want to run your business in the cloud? We can help you switch to Xero and get cloud accounting, online invoicing, and live bank feeds, all in a single platform. Read just some of the benefits of Xero & Cloud Accounting in our most recent article. #smallbusiness #bpiaccounting #businesspartners #businesssoloutions #empoweringpeople #xero #xeropartners #Xero #smallbusinessapps

04.01.2022 In this 3.5 min video, Rod explains how we are helping get your Tax Return done whilst keeping Covid safe. We at BPI are committed to better serving all our clients and helping you with the process and ensuring you receive the best possible outcomes. #accounting #bpiaccounting #wecanhelp #businesspartners #empoweringpeople

03.01.2022 Our ability to see the world from the perspective of others is one of the most crucial tools in our business and personal toolbox. Grab a coffee and take a look at this video. It might be the most productive 15 mins of your day. #smallbusiness #bpi #bpiaccounting #wecanhelp #businesspartners #empoweringpeople #xero #xeropartners #virtualfinancialcontroller #virtualcfo #empathy #empathyisgoodforbusiness

03.01.2022 Its now more important than ever for all business owners and Directors to assess their current income streams and their short & medium term cash flow scenarios. More businesses fail due to lack of cash flow than due to lack of profit Rod Thompson, Principal Accountant at BPI warns his clients. Xero can help you stay on top of your business’ cashflow. In this 1.5 min video, Rod explains how we realise, the better our clients get at utilising Xero’s fullest capacity, th...e better the business information you have to hand to make those key decision becomes, which generally results in much better decisions. Let’s work together to ensure your business information is safe, accurate and constantly up to date. #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople

03.01.2022 Xero’s short-term cash flow feature gives you an up-to-date dashboard view of your organisation's cash flow. You can choose multiple bank accounts and see the projected cash flow over 7-30 days. The more information you include, the more accurate your forecast will be. Healthy cash flow management gives you better control, so you are more prepared for growth or for the unexpected. Read the full article here to learn more about this feature and talk to us about improving your... business cash flow. #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople #xero #xeropartners

02.01.2022 It’s cake day! Just because I work with an awesome team. #bpiaccounting #ruok. #ruokeveryday

02.01.2022 Reminder to everyone now is the time to get on top of your September quarter's accounts. If you are eligible for JK 2.0, you will need to lodge your declarations by 14th Oct deadline. If you miss the deadline, you will not receive payments for October. If you think you might become eligible, and we are not already looking after your payroll or JK 1.0, reach out. ... #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople #xero #xeropartners

01.01.2022 Using technology to streamline your processes and systems, increases efficiency saving time and money, and reduces stress. Need help to identify how you can use technology to make your business more sustainable, scalable, and saleable? Get in touch. Click below to read our latest article on using technology to its maximum advantage to help improve your business.... #smallbusiness #bpiaccounting #businesspartners #businesssoloutions #empoweringpeople

01.01.2022 Balancing the complexity of getting the right mix of technology, process, HR, effective communication, and customer engagement, all within the confines of a budget is a major driver of the global outsourcing industry. As Business Advisors, historically we've seen exponential growth in clients looking to outsource specific tasks such as payroll, bookkeeping, inventory management etc. What we are now seeing however, is a demand to outsource the complete CFO function. A Virtu...al CFO can manage all financial processes as well as provide the fresh perspective of a certified specialist, helping Directors and management make better strategic decisions to improve their business results and customer experiences. https://bpi.com.au/virtual-financial-controller/ #smallbusiness #bpiaccounting #wecanhelp #businesspartners #empoweringpeople #xero #xeropartners