SMADA Accounting Solutions | Accountant

SMADA Accounting Solutions

Phone: +61 3 9080 4237

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23.01.2022 No matter your age, financial situation or location, SMADA can take care of all your financial needs. For those in Melbourne, that are feeling uncertain with their current financial position, feel free to give us a call for information on (03) 9080 4237. www.smadaaccountingsolutions.com.au

23.01.2022 5 Steps for Building your 2021 Budget . Looking at your cash flow from 2018 will give you a good idea of what you can expect in 2019.... . Next, consider what new expenses you may need to add to your budget, also adding in any upcoming events like weddings and birthdays. . Beyond covering your current bills, you need to think about financing your future, how much money will it cost for a short-term goal like a holiday, or a long-term goal like buying a home. . Ensure that your income exceeds your expenses, or you will need to make adjustments! . Life throws change and challenges all the time, so be prepared.

22.01.2022 COVID-19 has showcased how important it is to utilise cloud technology when so many businesses are now working remotely. Lose your paper, and let's get your business online, so your team can access your business date anywhere, anytime. Not sure where to start? ... Feel free to call us on (03) 9080 4237

20.01.2022 Looking to enter the property market? We can help you by getting one of our financial planners to review your potential and strategise your finances, giving you the best shot at owning your dream home. Call - (03) 9080 4237

20.01.2022 Planning to have a fun time during retirement? You need to ensure that you have mapped out what you want to do in retirement, so you have an idea of how much money you will need. We can work with you to create a customised superannuation plan, to ensure that you are able to achieve the retirement lifestyle you desire.... Don't leave it too late, your superannuation doesn't just happen overnight!

14.01.2022 With so many of the borders opening up, it's a wonderful time to enjoy your time away from work, whilst we take care of your business' financials. Whether it's: Accounting & Taxation... Business Advisory Bookkeeping Payroll Cloud Accounting Giving you more time for life. www.smadaaccountingsolutions.com.au

14.01.2022 Thought about purchasing an Investment Property(s)? Here are some reasons why you should: Great Capital Gains on Property... Earn long-term Income Your tenants pay your mortgage The taxman helps you pay off your investments Give us a call on (03) 9080 4237 and let us help you by getting one of our financial planners to review your potential and turn that dream of owning an investment property into a reality. See more

13.01.2022 Are you paying for subscriptions that you don't use regularly? Whether on a business or personal level, we all subscribe to a number of monthly/yearly subscriptions that we barely use. A number of these include: ... - Apps on your phone - Gym - Design websites like Canva - Video streaming like Netflix In a time where budgets and being cost-effective is crucial, it is a wonderful idea to go through all subscriptions to see what you don't use to save some much needed money!

12.01.2022 Wishing all the amazing men in our lives a Happy Father's Day!

10.01.2022 Looking to grow your business? We implement strategic and practical advisory solutions to help fast track growth to help take your business to the next level. www.smadaaccountingsolutions.com.au

10.01.2022 "The Board decided on a package of further measures to support job creation and the recovery of the Australian economy from the pandemic. With Australia facing a period of high unemployment, the Reserve Bank is committed to doing what it can to support the creation of jobs. Encouragingly, the recent economic data have been a bit better than expected and the near-term outlook is better than it was three months ago. Even so, the recovery is still expected to be bumpy and drawn... out and the outlook remains dependent on successful containment of the virus." - Statement by Philip Lowe, Governor: Monetary Policy Decision The elements of yesterday's package are as follows: A reduction in the cash rate target to 0.1 per cent. A reduction in the target for the yield on the 3-year Australian Government bond to around 0.1 per cent. A reduction in the interest rate on new drawings under the Term Funding Facility to 0.1 per cent. A reduction in the interest rate on Exchange Settlement balances to zero The purchase of $100 billion of government bonds of maturities of around 5 to 10 years over the next six months.

09.01.2022 Lest we forget.

09.01.2022 No one likes an oversized suit that doesn't fit, so why would you invest in a service that isn't tailored to your business' specific needs. Like a suit, financial advice, services and packages are not a one size fits all. We offer:... Tailored Advice Tailored Services Tailored Packages www.smadaaccountingsolutions.com.au/

08.01.2022 It's been great seeing so many wonderful entrepreneurs creating and selling new products such as masks, that are now in demand. Ensure you know the difference between what constitutes being a business or a hobby. A hobby is a pastime or leisure activity conducted in your spare time for recreation or pleasure, which can have the following key benefits:... You can gain personal enjoyment and satisfaction from the activity. You can gift or sell your work for the cost of materials. You can do it in your own time or when people contact you. You have no reporting obligations of a business. You’re in business if your activity, as a whole, is commercial with an aim to make a profit. Consider these key questions to determine if you run a business: Is the activity you undertake for commercial reasons? Is your main intention, purpose or prospect to make a profit? Do you regularly undertake your activity? Is your activity planned, organised and carried out in a businesslike manner? www.smadaaccountingsolutions.com.au/

08.01.2022 Need some guidance with your financial position? SMADA have the knowledge and people to assess, recommend and implement effective personal accounting solutions throughout the entire year. SMADA can take care of all your personal accounting needs no matter your age or where you are financially positioned in life.... (03) 9080 4237

08.01.2022 Why Boxing Day Sales can be great for your Budget Some people wonder why you need to go shopping on Boxing Day considering Christmas is done by that stage, but these people don’t understand how to plan like a pro. Boxing Day sales are a great opportunity to think of the year ahead and score discounts at times when you need them.... Birthdays coming up? Valentine's gifts to buy? School equipment? It’s all there, all on sale - Your Budget will Thank You! Just ensure you only buy what you need and have planned to purchase!

06.01.2022 Weekends are so much more relaxing when you get to sit back and enjoy your coffee, instead of trying to catch up and get your invoicing done. Invoicing is one of the most important aspects of running your business, and your cash flow will be much healthier as a result, with your invoices managed professionally! Bean Kind

06.01.2022 R U OKAY? Be sure to take the time to reach out to others, and ask the question.

06.01.2022 Starting a business during a pandemic might seem risky, but we've witnessed a great sense of entrepreneurship during this time - people remodelling businesses to fit the new norm or starting something new in response to fresh opportunities. Getting the right advice from the start, ensures you give yourself and your business the best chance! Call | (03) 9080 4237