2020: The year for smarter business decisions

CraigBusiness Audit, Business Process, Business Technology, Cloud Accounting, General

We know every dollar (and minute) counts in business and regardless of where you are in your business journey, understanding the numbers is key to making smarter business decisions. Do your figures add up? It may not be the end of financial year; however, year-end is a great time to assess your figures. 542 Tip: A well-run business has well-managed … Read More

5 Ways to prepare your business for the festive season

StuartBusiness Audit, Business Process, Business Technology, Cloud Accounting, General, Tax

They know when you’re sleeping, they know when you’re awake, they know when you’ve been bad or good, so be good for the ATO’s sake. Celebrating the holiday cheer can have far-reaching consequences but planning ahead and budgeting appropriately can save you from much bigger headaches in the New Year. 1. Give yourself a tax-free Christmas As small business owners … Read More

The future of integrations is endless with Xero

StuartBusiness Process, Business Technology, Cloud Accounting

If you don’t already utilise Xero technology in your business, you may want to rethink after reading this blog. With already over 800 third party apps able to integrate with your Xero account, Xero are constantly looking for new partners to help streamline processes for businesses of all sizes.   What’s been available? Bank feed integration has been around for … Read More

All the latest from Receipt Bank Exchange Conference 2019

CraigBusiness Process, Business Technology

As you know, we love utilising the latest technology to streamline processes and provide our clients service beyond compliance. Last month, 542 Partners Director, Stu, attended the Receipt Bank Exchange Conference in sunny Port Douglas to hear from one of the world’s leading technology innovators, Receipt Bank, to see what they have planned for 2019 and beyond. We’ve summarised some … Read More

Xero makes Single Touch Payroll easy

StuartBusiness Process, Business Technology, Cloud Accounting

From 1 July 2019, Single Touch Payroll (STP) will be expected to be a part of the pay-as-you-go reporting cycle for small business. That’s right, no more end of year ATO reporting and statements for wages, deductions and super information. How does STP work? For businesses with digital payroll software, like Xero, it can be done in seconds. Xero’s STP … Read More

Top cyber security tips for small business

StuartBusiness Technology, Cloud Accounting

Huge opportunities for small businesses beckon thanks to online technology and the connections it forges. With this in mind, it’s important you’re equipped to deal with cyber security threats. From phishing scams and ransoms to data hacks and fraud, cyber threats come in all shapes and sizes. But there are ways to minimise the chance of your business data being … Read More