Yes, it's the start of the New Financial Year. And what better time to make a decision that this year you will start off on the right track and be more in control of the finances.
Was last year a mess?
Did you get to 30 June and think "why did I wait until now to sort all of this out....?"
If you'd rather spend time developing your business and looking after your clients but you don't want to let the bookkeeping and finance side of things slip WE CAN HELP.
IT'S WHAT WE DO!
Give us a call or send an email and we can arrange a time for a free 1 hour consulation to discuss how you could benefit from our services.
Friday, July 10, 2009
Monday, June 29, 2009
Tax Time!!!
Well, it's here. The end of the financial year. Happy New Year?? Generally this seems to just make people think of all of the things they need to do and to worry about how much tax they will have to pay! The best thing to do before June 30 is BE ORGANISED.
Do things like: have all accounts reconciled as close as possible to 30 June so that you aren't reconciling 6 months worth of transactions before you can give it to your Accountant. Also, try and make sure you have little things like employees addresses and other details up to date to make preparation of PAYG Instalment Certificates easier.
You could also think about when to pay your expenses - should they be paid before 30 June to ensure they can be claimed as a deduction this year (which will help to reduce this year's income and therefore tax bill) or do you want to put them off until next year? Or should you defer receiving some of your income which would have the same effect?
Also, be aware of key dates such as when Superannuation payments must be paid by, when your quarterly or annual BAS is due and when your tax returns are due.
If you are worried about your tax bill it might be possible to ask your Accountant if your Tax Returns can be prepared a bit earlier and lodged as late as possible to give you a chance to prepare for the bill and avoid causing cashflow problems.
Hopefully the week will go smoothly for everyone. Of course, if you have any concerns be sure to give Samantha or I a call.
Leesa
Do things like: have all accounts reconciled as close as possible to 30 June so that you aren't reconciling 6 months worth of transactions before you can give it to your Accountant. Also, try and make sure you have little things like employees addresses and other details up to date to make preparation of PAYG Instalment Certificates easier.
You could also think about when to pay your expenses - should they be paid before 30 June to ensure they can be claimed as a deduction this year (which will help to reduce this year's income and therefore tax bill) or do you want to put them off until next year? Or should you defer receiving some of your income which would have the same effect?
Also, be aware of key dates such as when Superannuation payments must be paid by, when your quarterly or annual BAS is due and when your tax returns are due.
If you are worried about your tax bill it might be possible to ask your Accountant if your Tax Returns can be prepared a bit earlier and lodged as late as possible to give you a chance to prepare for the bill and avoid causing cashflow problems.
Hopefully the week will go smoothly for everyone. Of course, if you have any concerns be sure to give Samantha or I a call.
Leesa
Thursday, June 11, 2009
Kitchen Table Network
Today I attended the Kitchen Table Network morning tea. The Kitchen Table Network is run by Kerry Stewart-Haynes and Jackie Price, both of whom are very motivating and welcoming women.
This mornings function included a guest speaker, Melanie Lavelle-Maloney of Redland City Business Grow, whom provided some excellent insights and business tips.
I really enjoyed attending my first KTN morning tea, and I found it to be an excellent forum for networking. My "mug" even ended up on the KTN e-newsletter! As a result of the morning tea Advanced Bookkeeping and Consulting Services will become a member of the KTN and enjoy the benefits membership has to offer.
For more information on the Kitchen Table Network follow the link and try it yourself.
This mornings function included a guest speaker, Melanie Lavelle-Maloney of Redland City Business Grow, whom provided some excellent insights and business tips.
I really enjoyed attending my first KTN morning tea, and I found it to be an excellent forum for networking. My "mug" even ended up on the KTN e-newsletter! As a result of the morning tea Advanced Bookkeeping and Consulting Services will become a member of the KTN and enjoy the benefits membership has to offer.
For more information on the Kitchen Table Network follow the link and try it yourself.
Sunday, May 31, 2009
Networking...
Last Thursday (28th May) I went to my first networking event. It was run by the Brisbane Central Leads Club, and it gave me the opportunity to meet and "network" with other business owners.
The evening confirmed what Tony Carter from the Wynnum Chamber of Commerce advised me during our meeting on Wednesday 20th May, that 80% to 90% of business is drummed up through networking.
Various members of the leads club explained to me that most of their clients are derived from various forms of networking...weather it was from organised networking functions, or simple word-of-mouth. It was made pretty clear to me that the benefits of becoming a member of a networking group are enormous!
So, what is networking?
Well, I've only been to one event, so I am no expert, but basically it's a forum where people in business come together and discuss who they are and what they do. It's an opportunity for professionals from just about any industry from your local hairdresser to the solicitor to introduce themselves, and their business, in the hopes of gaining referals.
It is also facilitates knowledge sharing. This is also a major benefit of joining a networking group because like they say "a problem shared is a problem halved".
My next networking event is on 11th June with the The Kitchen Table Network, which is basically a womens networking group. I am really looking forward to this one. I will let you know how it goes...
Regards
Sam
The evening confirmed what Tony Carter from the Wynnum Chamber of Commerce advised me during our meeting on Wednesday 20th May, that 80% to 90% of business is drummed up through networking.
Various members of the leads club explained to me that most of their clients are derived from various forms of networking...weather it was from organised networking functions, or simple word-of-mouth. It was made pretty clear to me that the benefits of becoming a member of a networking group are enormous!
So, what is networking?
Well, I've only been to one event, so I am no expert, but basically it's a forum where people in business come together and discuss who they are and what they do. It's an opportunity for professionals from just about any industry from your local hairdresser to the solicitor to introduce themselves, and their business, in the hopes of gaining referals.
It is also facilitates knowledge sharing. This is also a major benefit of joining a networking group because like they say "a problem shared is a problem halved".
My next networking event is on 11th June with the The Kitchen Table Network, which is basically a womens networking group. I am really looking forward to this one. I will let you know how it goes...
Regards
Sam
Introducing....
It is always exciting (and a little nerve wracking) to start a new business. But my best friend, Leesa, and I have been talking about this venture for years now so we decided to stop talking about it and to just go for it!
So whats the story? Well...here's the low-down...
Samantha's Advanced Bookkeeping and Consulting Services (SABCS) specialise in assisting both new and existing small-to-medium enterprises (SME's) will all of their bookkeeping and financial data management nees.
My business partner, Leesa, and I know that a business with a sound and reliable financial data system is a powerful one. As such, it is our aim to provide SME's with a professional holistic service that, at least from a financial data perspective, you are in control.
In short, we believe that it makes Good Business Sense to take advantage of the range of services offered by SABCS. By doing so, the business owner can concentrate on their core business, while we take care of all of your financial data needs.
"Empowering your business through superior financial data management"
We are looking forward to hearing from you...
Regards
Sam
So whats the story? Well...here's the low-down...
Samantha's Advanced Bookkeeping and Consulting Services (SABCS) specialise in assisting both new and existing small-to-medium enterprises (SME's) will all of their bookkeeping and financial data management nees.
My business partner, Leesa, and I know that a business with a sound and reliable financial data system is a powerful one. As such, it is our aim to provide SME's with a professional holistic service that, at least from a financial data perspective, you are in control.
In short, we believe that it makes Good Business Sense to take advantage of the range of services offered by SABCS. By doing so, the business owner can concentrate on their core business, while we take care of all of your financial data needs.
"Empowering your business through superior financial data management"
We are looking forward to hearing from you...
Regards
Sam
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