Bookkeeping and Business News

Mandurah Bookkeeper working

What Does a Bookkeeper Do?

Bookkeepers are the financial workhorses of small- and medium-scale businesses, handling everything from documenting daily transactions to preparing payroll for employees. While some Mandurah bookkeepers are BAS/Tax Agents and work as contract bookkeepers, most work in an administrative capacity as employees. With the complexities around GST and Payroll in Australia qualified bookkeepers need to have ... Read more
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business support by Mandurah Government

City of Mandurah – Business Help During COVID-19

Now, more than ever, businesses can benefit from a strong support network to pull through the COVID-19 pandemic. The City of Mandurah is here to help! What Mandurah Businesses Can Expect During this Crisis By following current federal and state economic policies that address the ongoing pandemic, the city government is committed to ensuring that ... Read more
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cash flow management tips

Cash Flow Management Tips for Small Businesses in 2020

The COVID-19 pandemic has made doing business today more challenging.  As a business owner, it’s time to go back to the drawing board and come up with an efficient strategy to succeed in the “new normal.” One important tip to make a business successful is correct financial management, guided by a concrete plan. Financial management ... Read more
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What is Double-Entry Bookkeeping?

If bookkeeping is a tedious task, double-entry bookkeeping involves more work. Before we go into the details of this accounting concept, let’s first discuss the basics. What is bookkeeping? Bookkeeping refers to the task of recording all of a company’s financial transactions. It’s very systematic and entails the organisation of a company’s financial obligations. It ... Read more
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Benefits of Hiring a Bookkeeper

Are you a small business owner? If you are, then you’ve probably wondered whether it is the right time to hire a bookkeeper. You may be doing your bookkeeping in Mandurah and staying profitable at the same time, so why bother hiring out? However, if your business is poised for growth, you should give hiring ... Read more
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BAS agent

What is a BAS Agent?

What is a BAS Agent? A BAS Agent is a licensed agent that can give BAS services for a fee. They are usually bookkeepers and are and fully certified with the Tax Practitioners Board. BAS agents do so much more than bookkeeping, however. They are concerned with advising businesses concerning taxation under the BAS provisions. ... Read more
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