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CS4T

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25.01.2022 Cant wait to see the QBCC's faces when we try to explain to them that a surf board is an actual MFR asset for an ABN trader. As it is not a Personal Water Craft (PWC) nor is self propelling.... Not to mention that prepaid yearly insurances should be considered an asset.... :-) interesting days ahead,,,, Want to know more - please ask the team....

23.01.2022 For those whom have trusts, we have dug up an article from late last year that summaries some relevant issues and provide below for your reading... as for discretionary trusts ,,,please consult your advisers as it is again different.... https://www.bdo.com.au//are-trusts-friend-or-foe-for-qbcc-

21.01.2022 very very close now.... The program has been converted over the last week for tablet and phone viewing.... and rather LARGE buttons.........

20.01.2022 Practical # 601 .. okay ive decide to start going into business ... I register myself as a sole trader on the ABN system .. tick ... i also register for gst... tick done.... I ALSO go to my bank and get either a business account or an trading account... Why may you ask ? - as an ABN / sole trader i have all my information available that can be reviewed by either the QBCC or ATO (and basically who ever else)... and that leads to the possible or probable ability for these fore...nsic peoples to look at ALL my information including bank records, when and where ive bought Hungry Jacks and so forth. SO why not open up a separate bank account to which you have your claims paid to and expenses and job costs out of .. including fuel for the ute, material payments, payment of wages to yourself and to your main bank account... and thus the basis fundamentals to Accounting and further introduction to better business practices.... where records are not only separated but kept in one place... have a gr8t Friday afternoon and weekend /// P#601

20.01.2022 Well thank you... and those whom like us...pls return the favour and like... Support your Subbies.. thru the below link...

19.01.2022 Well we have been quite busy the last few weeks.. and pushing on for our final release with all the side items required... here is a little Friday afternoon appetiser folks... so please enjoy ... https://youtu.be/-6dv-CuL4Lw

19.01.2022 For those whom are wishing to catch up ...we will be at Maroochydore RSL this afternoon attending the QBCC MFR road show... @ 4pm ...so drop in and ask as many questions as you like.... even be giving out demonstrations on the software

17.01.2022 Interesting to be invited to Brisbane this afternoon.... will advise in due course.... looking forward to the discussions and getting the ole WIP out...

11.01.2022 Well it is fast approaching that time of year... We here at CS4T wish you all the best for your Christmas celebrations and hope you enjoy your festive season with family and friends.. Please note we will be on Christmas shut down from the 19th December thru to 2nd January with only a very basic staffing either side of these days and best during that time to actually call shall you need anything during those time... Best Wishes and may you enjoy this years deserved industry break....

10.01.2022 Our staff will be at the Cairns QBCC MFR roadshow tonight ... so anyone who is thinking of attending and needs some help please discuss with those... i highly suggest anyone whom is going to skip the trade part and go straight into the accountants session ... especially if your doing your own accounts and reporting ... :-) enjoy .....

09.01.2022 Well its that time of year to get back into it... we have had a few weeks before and then 2nd and 3rd wk Jan of after coming back in the break and finishing the MFR software to comply to the current reg's..Whilst also upgrading it to suit Cat 3 to 7 license base !! WOW....and of course helping those on the 31st to get their financials in.... so its back to work for most of us this coming week.. the programmers still of but he is finished... call if you need help or have quest...ions as i know that there are still 30,000 licensee's whom are out there that HAVE NOT put in their financials and you will have a bout a fortnight left before the QBCC start sending out letters... as they still have staff on holidays !!!.. anyway for those Sc1's and SC2s out there - here are the QBCC's November ? webinar Q&A's for your understanding ...regards the CS4T team https://www.qbcc.qld.gov.au/webinar-questions-mfr-annual-re See more

08.01.2022 Intresting article from MBA - not 100% accurate .. but still important to read as the time is a approaching. https://www.mbqld.com.au//annual-reporting-for-mfrs-are-yo

08.01.2022 Well the new Guide to MFR reporting is now up on the QBCC website... for those who wish to have a read ...please feel free to review !!!!!!!! CS4T Team... you wanted your house as an asset - you now have a % !!!!!!!!! https://www.qbcc.qld.gov.au//Guide_to_Annual_Financial_Rep and ... https://www.qbcc.qld.gov.au/financial-repo/annual-reporting

08.01.2022 Our staff will be at the Cairns QBCC MFR roadshow tonight ... so anyone who is thinking of attending and needs some help please discuss with those... i highly suggest anyone whom is going to skip the trade part and go straight into the accountants session ... especially if your doing your own accounts and reporting ... :-) enjoy .....

06.01.2022 Well the stat's are finally published by the QBCC annual report.... and lets just have a quick look.... Okay 91,000 licensee's less 70,000 financial licensee's = 20,000 supervisors and non financial licensees. Thus there are around 15,000+supervisors licensee's. then we look at 91,000 less the 20,000 above and less 20,000 "company" licensee's is ....wait for it... 50,000 trades and builders on ABN... ... lets compare that with around 60,000+ of SC1 and SC2 licensee.... whom are self reporting. Doesn't take long to work out whom we as an industry and our legislation should be catering to ..... now does it.... oh btw - license fees equate to $44m of the QBCC's total income (pg 76). https://www.qbcc.qld.gov.au//QBCC_Annual_Report_2018-2019.

04.01.2022 We have had a couple of Alpha testers on the system of late...Debugging and testing the program.... one of them sent a late night pic, and how they were using the system on their tablet... After that late night we decided to go out and help them out with the whole kit and kabang... and set them up with a little ole wireless keyboard and Bluetooth mouse direct from Amazon... Well didn't someone have a smile late this afternoon.... I thank those for testing, their time and well done ! could not of achieved so much in such a little time... as not long to go now...

04.01.2022 Yup ..occasionally we do a full 180 ...

03.01.2022 Looking forward to tonight's presentation in Maroochydore by the QMBA and QBCC... along with Cain from pilot partners presentation....

02.01.2022 for all out there... some times you just got to have a laugh... and for the business partners and associates ... i wonder when qcat ones will be published https://www.facebook.com/photo.php?fbid=10215952770513692&set=a.1010965195970&type=3&theater

01.01.2022 Practical 101... this is where you start with CS4T ... 101. Hand written list of Vehicles, Plant / Machinery / Equipment, Hand Tools and inventory ..... and an estimated value of such.... you could add in age and serial #'s... but we can catch up on that ....simple stuff