For the March 2016 BAS and onwards, you can:
You clients can also use a range of documents to support the fuel tax credit claims for all their past and future BAS. Further info from Maurie at Bendigo Bookkeeping on 0418573667
For small businesses a healthy cashflow is crucial. That’s why the statement of cash flows report is so useful.
It shows you the money…where it came from, and where it went.
While the Profit & Loss (or Income Statement) can tell you if you’ve made a profit it may include income and expenditure that hasn’t been paid yet, or that isn’t in the form of cash, like deprecation.
The statement of cashflows only looks at cash and groups the money going in and going out into useful categories so you can better understand the health of your cashflow.
For more information about turning this on in XERO, please contact Maurie on 0418 573 667
If you have under 20 employees, you have 6 months to comply with the new ATO Superstream requirements. Refer the article below or call Maurie on 0418573667.
Cloud accounting software provider Xero has hit the emerging smartwatch market, with the launch of the Xero for Apple Watch app.
The decision to enter the smartwatch space stems from the company’s acknowledgement of the time pressures placed upon small business, with Xero claiming an ever-growing need to access business tools at any hour.
Integrated within the app is the ability to view transactions, receive notifications when invoices and bills have been paid, and to access accounts across multiple banks.
Xero have today updated Fixed Assets, giving you a simple way to manage fixed assets with flexible depreciation and disposal options.
Starting with Fixed Assets in Xero is now easier with smart asset type management and the ability to register multiple fixed assets at one time. There are also more depreciation options to choose from and you can track and report on details about assets purchased, like warranty dates and serial numbers.
If you’re already using Fixed Assets in Xero, there are a few things you’ll need to do before you add any new assets or run depreciation. Please contact Maurie on 0418573667 for further info.
Xero will allow you to enter a quote, attach photos or plans and then email that to your prospective client.
The client can Discuss or Approve and either way you will be notified. If Approved, and when the work is completed, easily convert the quote into an Invoice. All streamlined and no double handling
You can also attach a Terms & Conditions document to your quote.
Better not Bigger
19 Marylebone Circuit
Strathfieldsaye Vic 3551
0418 573 667
maurie@bendigobookkeeping.com.au
0418 515 915
jamesr@bendigobookkeeping.com.au