business technology


The Australian Taxation Office (ATO) has implemented a new agent nomination process to enhance security and ensure that only authorised tax agents, BAS agents and payroll service providers can access your accounts and manage your tax affairs effectively. This process... Read more

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... Read more

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... Read more

Technology plays such a vital role in business. And let’s be honest without it, you may be losing valuable time, which we all know, equals money! At 542, we love utilising the latest accounting and business technologies to save time... Read more

As we enter the New Year, our friends at Xero have been hard at work making loads of planned changes to help us to even more beautiful business in 2019. Like Xero, we’re on a quest to make record keeping... Read more

For most small business owners, the thought of getting an audit notification from the ATO is horrifying. But if you’re well prepared, patient and co-operative audits don’t have to be as painful as they sound. The ATO orders audits based... Read more

We know running a business can be time consuming and with so many things to juggle, there doesn’t seem to be enough hours in the day. So we thought we’d ease some of that pain with our five favourite apps... Read more

If you want your business to work smarter and faster, cloud accounting software and specifically Xero is our recommendation. Xero’s cloud based system will not only give you a better overview of your finances but will improve collaboration with your... Read more

Not only for our clients, but for ourselves as well. For the last 12 months we’ve been using and happily recommending Receipt Bank to our clients. Receipt Bank’s aim is to remove the burden that bills, receipts and invoices place... Read more