BAS

Happy EOFY!

Happy EOFY!

Here are some important dates to remember this Tax Time!

Cash or Accrual Basis... but what does it all meeean, Basil?!

Cash or Accrual Basis... but what does it all meeean, Basil?!

When I lodge the first BAS for a client or when I set them up on accounting software such as MYOB or Xero – I ask them, do you report on cash or accrual basis? The common response I get is *blank look* “Huh?!”…

So here is the difference...

3 Common GST Mistakes

3 Common GST Mistakes

June is fast approaching and it will not only be BAS time again, but the end of the Financial Year..

GST and what has it and what doesn't is a common area of confusion for my clients! And fair enough too.. like the English language there are so many "exceptions to the rule"... 

MARCH into this B.A.S with your game face on....!

MARCH into this B.A.S with your game face on....!

"I would rather face root canal surgery with no anaesthetic than do bank reconciliations" - Devan Sabaratnam

Does that sound like you? Well it's that time again.. the end of a quarter.. but it doesn't have to be as bad as all that! Why not look at it as a clean slate, a time to reflect and check in with your business? BAS time can actually be used to your advantage!